OERO

Filecoin Price Prediction as FIL Pumps Up 70% in 7 Days – Is China Buying?

Leading decentralized storage protocol Filecoin (FIL) undertook a magnificent 75% rally over the weekend.

This marks a break to half a year of suppressed price action for the once highly prized cloud-storage asset.

Filecoin is currently trading at $8.59 (+1.45% in the last 24 hours).

February 17 saw a huge breakout from the consolidatory price action that had ranged from $5.00 - $5.50 for over a month.

As Friday evening arrived, hammering green candles started to paint across the chart, riding high on the back of the push up to $24,500 by Bitcoin (BTC) last week.

The rally continued all weekend until it finally stalled just shy of $10 on Sunday.

Filecoin Price Prediction as FIL Pumps Up 70% in 7 Days – Is China Buying? Decentralized storage protocol Filecoin (FIL) undertook a big 75% rally over the weekend. With the Chinese narrative pumping coins, how high could it go? Find out in the FIL price analysis here.