Filecoin lost 7% in value, support level was breached.

Filecoin Continues to Lose Value

Filecoin (FIL) has been drawing attention with its recent fluctuations. FIL has dropped from $1.48 to $1.38, surpassing an important support level. This decline occurred with an 85% increase in trading volume.

Technical analyses indicate that this movement confirms a trend change following price rises to $1.55 in December. Investors are advised to proceed with caution.