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Filecoin Wave Analysis – 8 May 2026

Filecoin Wave Analysis – 8 May 2026

Filecoin: ⬆️ Buy

– Filecoin broke resistance zone

– Likely to rise to resistance level 1.435

Filecoin recently broke through the resistance zone between the resistance levels 1.0000 and 1.1000 (which reversed the price in February and April).

The breakout of the resistance level 1.1000 coincided with the breakout of the 38.2% Fibonacci correction of the downward impulse from January.

Given the strongly bullish sentiment across the crypto markets today, Filecoin can be expected to rise to the next resistance level 1.435.

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