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Mesurated volatility demonstrated, negotiating in a range of 5.4% in the last 24 hours, according to the Technical Analysis model of Coindesk Research.
The model has shown that despite a reduction in mid-session at $ 2.39 to 4:00 p.m., Flecoin organized a manual recovery and rebounded 5%.
High trading volumes exceeding 2.8 million units during the correction phase suggest institutional participation, while the volume sustained during the recovery confirms what market strategists characterize the sophisticated interests of buyers at strategic price levels, according to the model.
The FLECOIN and AVA LABS Foundation launched a native transverse data bridge between Avalanche C-Chain and FILECOIN, according to an article on X. This new system connects intelligent contracts at high speed with secure data infrastructure via the FLECOIN virtual machine.
The Rally Fleccoin gathering came while the wider cryptography market also increased, with the wider market gauge, the Coindesk 20, recently increased by 3.1%.
During recent negotiations, Fil was 2% greater than 24 hours, exchanging around $ 2.50.
Technical analysis:
- Wire has demonstrated controlled volatility in a range of $ 0.13 representing a spread of 5.4% between the hollow of the $ 2.39 session and a summit of $ 2.52 during the negotiation period 24 hours a day.
- The strategic rise was emerged from 7:00 p.m., with systematic recovery carrying the night session
- A high volume activity exceeding 2.8 million units during the correction window of 14: 00 to 16:00 levels of confirmed institutional participation
- The acceleration of the volume exceeding 50,000 units during the window of 10: 06-10: 07 confirmed a sustained institutional dynamic that market strategists interpret as proof of an adoption potential.
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