Filecoin experiences a bullish transition – can it surpass $2 soon?

After hitting a low of $1.3, Filecoin (FIL) surged to $1.69. This increase is supported by strong buy volumes and aggressive accumulation from top holders, signaling a bullish outlook moving forward.

Key indicators show that buyers are dominating both spot and futures markets. With significant accumulation from investors, the sentiment for FIL remains optimistic as it targets the next resistance at $2.