Categories: Technical analysis

Filecoin Wave Analysis – 12 December 2025

Filecoin: ⬇️ Sell

– Filecoin broke key support level 1.435

– Likely to fall to support level 1.000

Filecoin cryptocurrency recently broke below the key support level 1.435, which reversed the price twice from the start of December (this level also supported the coin during most of October).

The breakout of the support level 1.435 accelerated the active impulse wave v of the higher downward impulse wave C from November.

Given the overriding daily downtrend, Filecoin cryptocurrency can be expected to fall further to the next support level 1.253 (monthly low from November) – the breakout of which can lead to further losses to 1.0000.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: Filecoin

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