{"id":36952,"date":"2025-07-15T10:46:48","date_gmt":"2025-07-15T10:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36952"},"modified":"2025-07-15T10:46:48","modified_gmt":"2025-07-15T10:46:48","slug":"filecoin-plunges-6-as-selling-pressure-increases-crypto-market-retracts","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36952","title":{"rendered":"Filecoin Plunges 6% as Selling Pressure Increases, Crypto Market Retracts"},"content":{"rendered":"<div>\n<p>Filecoin (FIL) crashed 5.6% in the 24-hour trading session from July 14 10:00 UTC to July 15 09:00 UTC, sliding from $2.66 to $2.51, according to CoinDesk Research&#8217;s technical analysis model.<\/p>\n<p>The model shows that the token posted a volatile 7.52% intraday movement.<\/p>\n<p>The slump in token of the decentralized storage network came as the wider crypto market also fell, with the broader market gauge, the CoinDesk 20, recently down 3.8%.<\/p>\n<p>Filecoin recently announced a partnership with blockchain Avalanche, aimed at optimizing smart contract handling and data storage.<\/p>\n<p>In recent trading, FIL was 5.6% lower over 24 hours, trading around $2.51.<\/p>\n<p><strong>Technical Analysis:<\/strong><\/p>\n<ul>\n<li>Price tumbled from $2.66 to $2.51, posting 5.6% decline <\/li>\n<li>Resistance solidifies at $2.66 level with support forming around $2.50.<\/li>\n<li>Heaviest selling pressure hits July 14, 14:00-03:00 UTC window as price cascades from $2.65 to $2.46. <\/li>\n<li>Volume patterns show elevated activity during decline phases, particularly July 15, between 02:00-03:00 UTC, with volumes topping 6.3 million. <\/li>\n<li>Two-phase movement pattern features initial consolidation followed by upward momentum starting 09:01 UTC.<\/li>\n<li>Institutional interest emerges at lower levels with volumes exceeding 71,000 at 09:19 UTC.<\/li>\n<\/ul>\n<p><em><strong>Disclaimer<\/strong>: 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 <a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Filecoin (FIL) crashed 5.6% in the 24-hour trading session from July 14 10:00 UTC to July 15 09:00 UTC, sliding from $2.66 to $2.51, according to CoinDesk Research&#8217;s technical analysis model. The model shows that the token posted a volatile 7.52% intraday movement. The slump in token of the decentralized storage network came as the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36952","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36952"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36952\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}