Categories: Technical analysis

Filecoin Wave Analysis – 7 November 2025

Filecoin: ⬆️ Buy

– Filecoin broke multiple resistance levels

– Likely to rise to resistance level 3.500

Filecoin cryptocurrency rose sharply today breaking through the multiple resistance levels – 2.000, resistance trendline of the daily down channel from July and the round resistance level 3.000.

The breakout of these resistance levels accelerated the active short-term correction ii from the start of November.

Given the improved sentiment across crypto markets, Filecoin cryptocurrency can be expected to rise further to the next resistance level 3.500 (former multi-month resistance from March).

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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