HomeNewsWill FIL’s $2.50 Multi‑Year Base Ignite a $3.45 Rally After 78% Crash?

Will FIL’s $2.50 Multi‑Year Base Ignite a $3.45 Rally After 78% Crash?

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  • Filecoin’s ATLAS Data integration and AGIX partnership bolster decentralized storage utility, while Lockheed Martin mission reinforces Web3 vision.
  • Cross‑chain Axelar integration and FIP 0097 upgrade modernize Filecoin protocol efficiency, laying groundwork for future smart contract capabilities.

Filecoin (FIL) is currently priced at $2.53, marking a solid +4.67% gain in the last 24 hours. Over the past week, it’s up 1.77%, but the broader trajectory remains negative: down 11.95% this month, 59.80% in the last 6 months, and a steep 48.68% YTD decline.

FILUSDT_2025-06-16_11-52-42
Source: FIL/Tradingview

Compared to its all-time high of $237.72, reached in 2021, FIL is down nearly 78%, reflecting persistent bearish pressure despite recent signs of a technical bottom.

From a news and fundamental perspective, Filecoin remains one of the most established decentralized storage solutions in crypto. It recently announced a strategic integration with ATLAS Data, and more notably, a collaboration with SingularityNET (AGIX) — a prominent AI-focused project.

This FIL x AGIX partnership may serve as a foundational piece in merging decentralized storage with decentralized artificial intelligence, boosting Filecoin’s real-world utility. Additionally, Filecoin made headlines for sending decentralized data to space with Lockheed Martin, reinforcing its long-term vision for space-based Web3 data architecture.

Filecoin is also advancing its cross-chain interoperability, with new integrations including Axelar, making it easier to access FIL’s storage services across various chains. The recently completed FIP 0097 upgrade modernizes core protocol mechanisms, improving efficiency and laying groundwork for enhanced smart contract capabilities.

FILUSDT_2025-06-16_11-55-34
Source: FIL/Tradingview

Technically, FIL is showing signs of a base forming near $2.50, a multi-year support zone. Momentum indicators like MACD and RSI are bottoming out, and daily candlestick structure is signaling bullish divergence.

FILUSDT_2025-06-16_11-55-27
Source: FIL/Tradingview

ETHNews analysts have flagged multiple compression patterns and wedge formations — typical of a breakout setup. If FIL breaks above the 50-day EMA ($2.75) and 100-day EMA ($2.97), a rally toward $3.20–$3.45 is likely. Long-term targets could revisit $6.50–$10.00, but only if broader altcoin sentiment improves.

FILUSDT_2025-06-16_11-57-22
Source: FIL/Tradingview

Still, caution is warranted as the token trades in a high-supply environment (total supply ~2B), and liquidity concentration remains thin outside of major exchanges like Coinbase and Binance. Bears are defending the $2.80–$3.00 zone, so a confirmed breakout will require strong volume and macro tailwinds.

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Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628
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