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Filecoin Trades in Bullish Pattern as Bears Try to Reverse Trend

Published 2022-12-26, 06:33 a/m
© Reuters.  Filecoin Trades in Bullish Pattern as Bears Try to Reverse Trend
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  • Filecoin trades in a bullish trend currently.
  • Bears try to bite but the bulls are stronger.
  • Indicators show a further bullish trend will continue in the short term.

As the Christmas spirit sets in, bullish control has taken control of the Filecoin (FIL) market today, adding to the day’s strong trend. Just a few negative spikes could be seen on the Filecoin price chart, but they were sufficient to drive prices down to $2.9, where they eventually found support from the bulls, who are trying to keep the bears in control. Bulls had gained control at the time of writing, raising the price of FIL to $2.95.

The market capitalization of Filecoin increased by 0.46% to $1,036,056,428 and its 24-hour trading volume increased by 63.31% to $68,804,241 while sustaining such imposing heights.

The post Filecoin Trades in Bullish Pattern as Bears Try to Reverse Trend appeared first on Coin Edition.

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