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FIL price takes a rejection from the 200-day EMA. - 2
FIL’s price is currently trading at $3.65 while seeing a change of 31.45% in 24-hour trading volume.
The FIL price is presently observing a severe decline in its value after breaking the bull trend in early May. In the previous analysis, it was estimated that despite the overall bull trend the price of FIL token can see a bearish depreciation.
The analysis was given because the oscillators were giving an indication of a bearish reversal. According to historical price action, FIL price has been giving constant respect to its …
Source: https://www.thecoinrepublic.com/2023/06/18/fil-price-analysis-fil-price-faces-steep-decline-ahead/