{"id":520813,"date":"2023-02-23T22:00:44","date_gmt":"2023-02-23T22:00:44","guid":{"rendered":"https:\/\/wncen.com\/?p=520813"},"modified":"2023-02-23T21:04:54","modified_gmt":"2023-02-23T21:04:54","slug":"filecoin-tanks-traders-should-short-at-these-levels","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/filecoin\/filecoin-tanks-traders-should-short-at-these-levels\/","title":{"rendered":"Filecoin Tanks, Traders Should Short At These Levels"},"content":{"rendered":"
The Filecoin price has performed remarkably over the last week. Over the last 24 hours, however, the Filecoin price was caught In the previous as it fell by 1%. The coin logged more than 40% appreciation in that time frame.<\/p>\n
The technical outlook of the altcoin pointed towards bullishness. Since FIL was rejected at the $9 price level, the altcoin’s momentum has slowed. Demand, however, registered a fall. This decrease in demand and accumulation could be attributed to Filecoin’s price correction.<\/p>\n