Filecoin Drops Over 6%, Breaks Key Support at the $2.38 Level

Description

Filecoin (FIL) displayed sharp volatility with a trading range of over 6% during the last 24-hours, according to CoinDesk Research's technical analysis model. The token broke key support at the $2.38 level on high volume, the model showed. AI platform SingularityNET has chosen Filecoin for metadata storage through Lighthouse, according to a post on X . In recent trading, FIL was 4.6% lower over 24 hours, trading around $2.36. The decline in Filecoin came as the wider crypto market also fell, wit...