Are No Bulls And Bears Moving FIL Price?Filecoin currently stands with a market cap of $2.956 Billion despite gaining 19% in over a year. FIL token has a supply of 1,960,498,576 FIL in which over 50% is circulating in the market. FIL price is currently trading near the value of $5.3 with a slight gain in the intraday session while the overall volume surged by 2.6%.
FIL token price is currently forming doji candles on the daily chart. It is trading below the 50 and 200 EMA with an upcoming negative crossover. If the price jumps over the EMA then a strong upside trend can be seen. The resistance for FIL token price can be seen near $6.5 while the support price can be observed near $5.
RSI and MACD of the FIL token are currently in a neutral zone and are hinting towards a weak bearish momentum in price.
