Queue
posted an increase of 3.7% during the negotiation session 24 hours a day, from $ 2.61 to $ 2.71 as well as institutional accumulation signals, according to the Technical Analysis model of Coindesk Research.
The model has shown that the negotiation volume exploded above 7 million during advanced negotiation hours, considerably exceeding the daily average of 3.47 million while market players protected the support area of $ 2.60.
The latest movement of LE FILECOINE prices indicates an increase in institutional appetite for decentralized storage technologies, as conventional cloud service providers encounter an increased examination concerning the problems of data sovereignty.
The wire rally came while the wider cryptography market increased, with the wider market gauge, the Coindesk 20, up 3.2%.
During recent negotiations, Flecoin was 3.5% greater than 24 hours, exchanging around $ 2.71.
Technical analysis:
- The price has built solid support at $ 2.60 with a substantial purchase interest supported by a volume during the 24 -hour session.
- The volume exceeded 7 million during peak periods, considerably exceeding the daily average of 3.47 million.
- The negotiation range covered $ 0.13 (5%) Between the absolute lowest of $ 2.60 and the peak of $ 2.73.
- The overvoltage of the last hour volume reached 369,770 units, representing the highest tip in the session.
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