- FIL consolidates within $2.20–$2.40 band; RSI and MACD confirm mild bearish divergence amid resistance-driven accumulation pressure.
- Breakout above $2.40 targets $2.55–$2.60; failure below $2.20 risks deeper retracement toward $2.00 macro support.
Filecoin (FIL) is trading at $2.27, marking a -1.17% decline over the last 24 hours and a -2.41% drop over the past 7 days, despite maintaining a 37.6% increase year-over-year.
FIL holds a market capitalization of $1.59 billion, ranking #90 globally, with a 24-hour trading volume of $211.5 million. The fully diluted valuation (FDV) is estimated at $4.44 billion, based on a total and max supply of 1.95 billion FIL, with approximately 701 million in circulation.
Technically, FIL continues to oscillate within a $2.20–$2.40 consolidation band, following multiple failed breakout attempts in late September. The $2.25 zone is acting as near-term support, while $2.37–$2.41 remains the key resistance cluster.
RSI and MACD momentum indicators show mild bearish divergence, confirming that buyers are hesitant near resistance. However, accumulation signals from mid-term holders remain visible in on-chain metrics, suggesting long-term conviction despite short-term weakness. Should FIL close above $2.40, the next upside target is $2.55–$2.60, whereas a loss of $2.20 could trigger a deeper retest near $2.00, which remains the macro support level.
On the developmental front, Filecoin has implemented FIP-0106, introducing an updated Storage Provider Actor to improve the efficiency, maintainability, and cost performance of storage operations.
— Filecoin (@Filecoin) October 6, 2025
This replaces the previous “ProveReplicaUpdates” mechanism and significantly enhances the reliability of long-term decentralized data hosting. This protocol upgrade underscores Filecoin’s strategic focus on enterprise-grade scalability and sustainable network economics for large data custodians.
Competing with Arweave, Storj, and Siacoin, Filecoin’s integration with the InterPlanetary File System (IPFS) remains a cornerstone of the Web3 data economy. ETHNews analysts view this synergy as a major long-term driver for FIL’s adoption in AI data pipelines, decentralized data warehousing, and tokenized storage markets.
Despite current price compression, community sentiment remains 58% bullish, reflecting confidence in Filecoin’s long-term fundamentals. The project continues to attract attention for its potential to disrupt centralized cloud giants such as AWS and Google Cloud by offering verifiable, permissionless data storage on-chain.
Given the confluence of accumulation signals, network upgrades, and market consolidation, the 7-day price forecast for FIL is $2.38, with bullish potential toward $2.50 if buying volume resumes. Downside protection holds at $2.20, with macro trend invalidation below $1.98, the all-time structural low.
