BitcoinWorld

Price Analysis: The Price Of Filecoin (FIL) Down More Than 6% Within 24 Hours
Latest News News

Price Analysis: The Price Of Filecoin (FIL) Down More Than 6% Within 24 Hours

The price of Filecoin (FIL) has decreased 6.52% over the past 24 hours to $5.38, continuing its downward trend over the past week of -26.0%, moving from $7.24 to its current price.

FIL Price Chart | Source: Coinstats

 

The chart below compares the price movement and volatility for Filecoin (FIL) over the past 24 hours (left) to its price movement over the past week (right). 

FIL Price and Volatility

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

See Also: Crypto Exchange Listing and Delisting Announcements To Date

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has decreased 57.0% over the past week, while the overall circulating supply of the coin has increased 0.83% to over 492.60 million. 

FIL Circulating Supply and Trading Volume

 

This puts its current circulating supply at an estimated 25.12% of its max supply, which is 1.96 billion. The current market cap ranking for FIL is #35 at $2.65 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.