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Filecoin Surges 4% – Bullish Momentum Signals Major Breakout Ahead

Filecoin Surges 4% – Bullish Momentum Signals Major Breakout Ahead

Author:
Coindesk
Published:
2025-08-13 17:47:47
23
1

Filecoin Gains 4%, Showing Strong Bullish Momentum

Filecoin isn’t just moving—it’s sprinting. A 4% surge in a single day puts the decentralized storage titan squarely in bullish territory, defying the sideways grind plaguing half the crypto market.

Why the rally? Speculation’s buzzing about institutional interest creeping into decentralized storage—or maybe traders just needed a break from NFT memecoins. Either way, Filecoin’s chart is printing higher lows like a Wall Street intern on overtime.

Watch the $8.50 resistance level. Break that, and we’re looking at a run toward yearly highs. Fail, and well… at least it’s not another stablecoin yield farming scandal.

|Square

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