FIL Tests $2.50 Resistance, Pulls Back to $2.43
September 9, 2025
Filecoin (FIL) traded in a narrow range over the past 24 hours, moving between $2.41 and $2.50, reflecting roughly 3.3% intraday volatility, according to CoinDesk Research.
The token displayed a V-shaped recovery, initially dipping from $2.44 to test institutional support near $2.41–$2.42 overnight before rallying to a morning high of $2.50. Selling pressure emerged at this resistance level, with institutional volume reaching 4.7 million tokens, while the support zone held strong with trading above the 24-hour average of 2.8 million units.
FIL was last trading near $2.43, down 0.3% for the day. The broader crypto market also retreated, with the CoinDesk 20 index declining 0.8% over the same period.
Technical Highlights:
- V-shaped recovery observed during the session
- Institutional support confirmed at $2.41–$2.42
- Resistance at $2.50 tested with high-volume activity
- Intraday range: $2.41–$2.50, 3.3% volatility
