BTC
$121,838.82
+
3.48%
ETH
$3,058.08
+
3.68%
XRP
$2.9670
+
7.04%
USDT
$1.0000
–
0.01%
BNB
$702.40
+
1.92%
SOL
$167.15
+
3.33%
USDC
$0.9998
+
0.01%
DOGE
$0.2064
+
5.22%
TRX
$0.3024
+
0.29%
ADA
$0.7507
+
3.76%
HYPE
$48.52
+
1.27%
XLM
$0.4628
+
9.77%
SUI
$3.9449
+
15.35%
LINK
$16.16
+
5.70%
HBAR
$0.2433
+
7.35%
BCH
$516.52
+
3.03%
WBT
$46.19
+
0.38%
AVAX
$21.81
+
3.20%
LEO
$9.0236
–
0.05%
SHIB
$0.0₄1378
+
5.08%
By CD Analytics, Will Canny|Edited by Sheldon Reback
Jul 14, 2025, 9:05 a.m.
- Filecoin rose as much as 5% as crypto markets rallied.
- The CoinDesk 20 index gained 4%.
Filecoin
rose 3.74% to $2.64 in the past 24 hours, forming a distinct uptrend characterized by progressive higher lows, according to CoinDesk Research’s technical analysis model.
The rally produced lows at $2.54 and $2.55 that served as reliable support zones, while encountering initial resistance near $2.62-$2.63 before achieving a decisive breakthrough during Asian market hours.
STORY CONTINUES BELOW
Theoriq AI is working with the Filecoin Foundation to develop AI agents trained on open data from the network, Filecoin said in a tweet on X yesterday.
The rally in Filecoin came as the wider crypto market also rose, with the broader market gauge, the CoinDesk 20, recently up 4%.
Technical Analysis:
- FIL ranged from $2.56 to $2.66 during the 24-hour session, achieving a robust 4.75% increase.
- The cryptocurrency developed successive higher lows at $2.54 and $2.55 price points offering reliable support throughout the trading period.
- Resistance materialized near $2.62-$2.63 before experiencing a definitive breach during the Asian morning.
- Volume examination indicates substantial institutional engagement with peaks surpassing 5.4 million at around 05:00 UTC, markedly above the 24-hour mean of 2.8 million.
- The total trading bandwidth encompasses $0.15 between the absolute peak of $2.69 and valley of $2.54, establishing a 5.56% fluctuation range.
- The sharp reversal from the $2.66-$2.67 resistance area coincided with elevated volume exceeding 150,000.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.
Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He’s now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.
