Filecoin (FIL)

🚨 INSIGHT: Santiment ranks MetaMask, $FIL, and $STRK as the top crypto projects by development activity over the past 30 days. https://t.co/b73Wk96zxm

This is one of my favorite cryptos, Filecoin. I like it because of its practical use and utilization as well as its tenure in the blockchain, over 5 years. It has been hit the hardest as other coins have, but sometimes you have to remind yourself of the fundamentals. I used @grok to quickly perform a fundamental analysis with metrics and visuals of Filecoin and found several items encouraging like its increasing storage utilization rate and total committed storage capacity. Also the developing has not stopped. With privacy & AI being in the spotlight, I feel as though its just a matter of time for FIL. Would I buy right now? No I wouldn't, not based on the technicals currently. Price has to successfully reclaim $1.50 weekly level and base before I have confidence in a potential reversal. But even though I wouldnt add it now, key your eye out for one of the crypto OGs. $FIL / @Filecoin

JUST IN: Filecoin highlights its partnership with Blockfrost, says "#Cardano $ADA developers building with Blockfrost have the option to store data on Filecoin, which archives IPFS gateway data on Filecoin, adding redundancy via cryptographic hashes and on-chain storage proofs."

Another one FIL from wick high to wick low, it’s a −99.98% correction—typical for altcoins. Don’t be surprised; this is where you want to buy, around −98% to −99%. I don’t want to say the “free” word, but it’s basically free money not to scoop some up. Using the ETH/BTC fractal, the minimum target is 0.000075/8

$FIL Honestly, the chart looks pretty ugly right now. Multi-year support broken and flipped to resistance ~10 months ago. The only scenario where I’d consider buying is if price manages to break the descending diagonal and flip the gray zone back into support (green arrow). Sure, by that point my entry would be roughly double the current price, but I’d gladly give up the cheaper entry for a much higher probability of success. #Filecoin

Attending @CES in Las Vegas this week? Be sure to catch BA's @lindsayfraser0 on the digital assets panel tomorrow at 9 AM PT at LVCC, alongside BA members @robinrcook (@coinbase), @JacobHample (@FilFoundation), and @millercwl (@SolanaInstitute). https://t.co/CrE4sW4zoV https://t.co/pno1SNUBJC

$FIL : Avalanche and Filecoin enable a native data bridge via the Filecoin Virtual Machine. $PAAL : Quant X officially goes live. $PROPS : Propbase launches new staking pools. $VET : VeChain enables crypto rewards for 30 car brands through the Evearn driving rewards update. $PYTH : OP-PIP 88 opens voting on transferring one-third of the DAO treasury to the Pythian Council.

The sell wall for $FIL exist until $1.8 https://t.co/GlqewtTuyq