Filecoin Upgrade on Ethereum Spurs FIL Rally — Could FIL Push Beyond $8 on Renewed Developer Momentum?

The latest upgrade involving Filecoin on the Ethereum blockchain has caught the attention of the crypto ￰0￱ development has sparked a notable rally in the value of Filecoin (FIL). The question now is whether this surge in developer activity could drive FIL beyond the $8 ￰1￱ article explores which other coins might follow this upward ￰2￱ Gains Traction: Eyeing Key Resistance Levels Ahead) is currently trading between $2.25 and $2.50. It's inching closer to its nearest resistance at a bit over $2.50. If it manages to break through, it could test the next resistance at almost $3.00.

This would mean a potential rise of over 15%. With its recent weekly gain of almost 10%, momentum may be building. Yet, with a current RSI just above 40, it's neither too strong nor ￰3￱ signals a balanced but cautious market ￰4￱ support holds steady around $2.00, Filecoin could have room to advance, drawing attention from ￰5￱ Filecoin’s recent upgrade has reignited confidence, signaling that developer activity may be the key driver behind its next phase of ￰6￱ short-term resistance levels could pose challenges, the broader outlook suggests upside potential if momentum holds ￰7￱ FIL secure a strong breakout, traders may start eyeing $8 as the next significant ￰8￱ a market driven by innovation and adoption, Filecoin’s progress on Ethereum underscores its ability to stay relevant and attractive to both developers and investors.

Disclaimer: This article is provided for informational purposes ￰9￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice.