FIL Climbs as Much as 9%, Fueled by Heavy Trading Activity -

Resistance Breakout: Cleared $2.60–$2.61 with strong volume.
Volume Spike: 8.18 million tokens traded at 21:00 UTC.
Firm Support: $2.43 held through multiple retests.
Uptrend Maintained: Higher lows throughout the session.
Accumulation Clues: Sudden volume bursts indicate strategic buying.

Filecoin Jumps 9% as Crypto Rally Lifts Markets

Filecoin (FIL) surged nearly 9% in the past 24 hours, fueled by a broader crypto market rally that also sent the CoinDesk 20 Index up 7%. Bitcoin (BTC) notched a new all-time high of $118,739 during the same period.

FIL climbed from $2.44 to $2.65, with its strongest gains between 16:00 and 21:00 UTC on July 10. Trading volume spiked to 8.18 million tokens at 21:00 — more than double the 24-hour average of 3.67 million, according to CoinDesk Research’s technical analysis.

Key resistance at $2.60–$2.61 was decisively broken on heavy volume, signaling strong momentum. Meanwhile, support has solidified around $2.43 following several successful retests.

At last check, FIL was trading around $2.62, up 7.3% over the day.