FIL Price Prediction

File coin is a decentralized storage network which can store humanity’s most important information.

Filecoin is an open-source cloud storage marketplace, protocol, and cryptocurrency. Recently, FIL price has caught the attention of the whole crypto market when it made one of the most impressive bullish rally amongst all coins.

A superior network

Filecoin combines with IPFS, a peer-to-peer distributed network protocol. It makes a more efficient and secure web free from corporate control.

Store at hypercompetitive prices
The Filecoin network achieves staggering economies of scale by allowing anyone to participate as a storage provider and compete for your business. This reduces the prices for storing data drastically.
Provable security and authenticity
Content addressing and cryptographic storage proofs verify if data is being stored correctly and securely over time.

The Filecoin network achieves staggering economies of scale by allowing anyone to participate as a storage provider and monetize their open hard drive space. It rewards participants at multiple levels. From large scale data centers to local entrepreneurs with mining rigs, everyone can participate in mining of filecoin.


Cryptographic proofs guarantee your data remains available and unchanged over time. Proof-of-Spacetime verifies the entirety of a file is being stored, unaltered, over the agreed-upon duration. Proof-of-Replication verifies the agreed-upon number of copies of a file are being stored.

Let us review FIL price.

FIL/USD – Price Prediction


FIL is currently trading between the support zone of $124 and resistance of $171. If it can break the resistance at $171, we could start seeing a move towards $200, $224, $248, $281 and $324. Failure to hold the support at $124 could lead to a drop towards $90.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.



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