Filecoin's Price Jumps: Upbit Listing Sparks Frenzy 🚀

Filecoin (FIL) just took off like a rocket after Upbit, the big crypto exchange in South Korea, decided to play nice and list it. At the moment, FIL’s chillin’ around $2.88. 🤑

April 4, 16:30 KST, the magic moment happened, and FIL got cozy with the Korean won (KRW). South Korean investors, get ready to party! 🎉

But hold your horses, Upbit’s got rules. They’re like the crypto police, limiting new buy orders for the first five minutes and saying “no way” to sell orders 10% below the previous day’s close. 🚨

For a whole hour, traders were stuck with basic orders, no fancy stuff allowed. And don’t even think about depositing more FIL. Upbit’s got its eye on you. 👀

So, What’s Next for FIL?

After the big news, FIL’s market cap got a 5% boost to $1.86 billion. The MACD indicator’s like, “Hey, maybe we’re turning a corner here.” 🔄

Source: TradingView

The MACD line’s all, “I’m crossing you, signal line!” Which could mean more upside, but if that histogram goes negative, watch out for resistance. 🛑

The Bollinger Bands are showing some wild swings. FIL’s price shot up like it was on steroids, which usually means a pullback’s coming. If it hangs around the mid band, it might be time to chill before the next big move. 🌀

Source: TradingView

The RSI’s sitting at 56, which is like a “maybe” for more upside. But if it spikes too high, it’s overbought city, and we all know what happens next. 📉

FIL’s staring down $3.00, a big, scary number. If it breaks through, $3.20 might be next. But if it drops below $2.75, say hello to $2.50. 😬

Filecoin’s Getting Popular

Aside from the price drama, Filecoin’s actually doing some cool stuff. It’s seeing a 305% boost in development activity, making it a big deal in the DePIN sector. 🌟

🎯 TOP PROJECTS BY DEVELOPMENT ACTIVITY GROWTH@arbitrum +1650%@hedera +1385%@axelarnetwork +1015%@Ripple +955%@Uniswap +930%@chia_project +725%@flow_blockchain +485%@Filecoin +305%@CelestiaOrg +225%@MultiversX +215%$ARB $HBAR $AXL $XRP $UNI $XCH $FLOW $FIL $TIA $EGLD
— Chain Broker 🇺🇦 (@chain_broker) April 2, 2025

And get this, FIL’s all over social media, right up there with Internet Computer (ICP) and Render (RNDR). Talk about popularity! 📈

Top #DePIN Projects by Social Media Mentions in March 👀
The Decentralized Physical Infrastructure Network (DePIN) sector is gaining momentum. Here are the top 5 most talked-about DePIN projects last month
🔹 ICP ( $ICP )🔹 Render ( $RNDR)🔹 Filecoin ( $FIL)🔹 Theta (…
— 𝖀𝖈𝖆𝖓 (@Ucan_Coin) April 1, 2025

2025-04-04 19:24

Filecoin’s Price Jumps: Upbit Listing Sparks Frenzy 🚀

So, What’s Next for FIL?

Filecoin’s Getting Popular

Read More