Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Filecoin slides 5% alongside major decline i Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Filecoin slides 5% alongside major decline i

Filecoin slides 5% alongside major decline in broader crypto market

2025/12/16 05:17
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Filecoin slides 5% alongside major decline in broader crypto market

FIL dropped to $1.24 as the technical breakdown accelerated on heavy volume, 380% above average.

By CD Analytics, Will Canny|Edited by Stephen Alpher
Dec 15, 2025, 9:17 p.m.
Filecoin plunges 5% after breaking ascending trend support.

What to know:

  • FIL declined sharply as crypto markets fell across the board on Monday.
  • Volume surged to 11.7 million during the decisive breakdown
  • Technical momentum accelerated downward with three consecutive lower lows confirmed.

Filecoin FIL$1.2419 broke through critical technical support on Monday, with the token dropping 5.1% to $1.24 as a massive volume surge signaled institutional selling pressure, according to CoinDesk Research's technical analysis model.

The broader crypto market fell sharply as well, with bitcoin registering a 3.5% decline and the CoinDesk 20 4.4%.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

Trading volume exploded to 11.74 million tokens, nearly 400% above normal levels, as bears overwhelmed buyers at the $1.25 support zone, according to the model.

The model showed that the selling accelerated in recent hours, with three consecutive lower lows confirming the technical structure collapse.

The breakdown opens the door to deeper losses toward $1.23, with resistance now cemented at $1.25 former support.

Technical Analysis:

  • Primary resistance cemented at $1.35 following failed recovery attempts
  • Critical support breach confirmed at $1.245
  • Next major demand zone targets $1.23-1.235 range based on prior structure
  • Ascending trend support failure opens door to deeper retracement levels
  • Exceptional volume surge of 380% above average confirms breakdown validity
  • High-volume breakdown suggests institutional participation rather than retail selling
  • Key resistance for any relief rally: $1.25 former support level

Disclaimer: 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 CoinDesk's full AI Policy.

AI Market InsightsFilecoinTechnical Analysis

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Bitcoin slides to $86,000 as slower rate cut risk, AI stock woes shake markets

Crypto-related stocks suffered far deeper declines as bitcoin slumped well below its recent trading range.

What to know:

  • Bitcoin and major altcoins fell further throughout U.S. trading hours as macro uncertainty continued to pressure risk assets.
  • Many crypto-related stocks, including leaders Coinbase and Strategy, posted deeper slumps than crypto itself.
  • Wintermute's Jasper De Maere suggested the decline is and should remain orderly.
Read full story
Latest Crypto News

Bitcoin slides to $86,000 as slower rate cut risk, AI stock woes shake markets

Senate punts crypto market structure bill to next year

‘Much more than a backend refresh’: Coinbase’s fintech pivot hits milestone

U.S. SEC chief warns watchdogs need to be limited in tapping crypto's power to snoop

UK Supreme Court refuses BSV appeal, narrowing $13 billion lawsuit against crypto exchanges

Strategy’s STRD credit spread has tightened over past month even as bitcoin struggles

Top Stories

Bitcoin slides to $86,000 as slower rate cut risk, AI stock woes shake markets

Senate punts crypto market structure bill to next year

‘Much more than a backend refresh’: Coinbase’s fintech pivot hits milestone

Most Influential: Roman Storm

CME Group Expands Crypto Derivatives With Spot-Quoted XRP and Solana Futures

Crypto's 'Best Days Are Ahead': Tom Lee's Bitmine Immersion Adds $320M of Ether

Piyasa Fırsatı
Major Logosu
Major Fiyatı(MAJOR)
$0.11413
$0.11413$0.11413
-2.04%
USD
Major (MAJOR) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

OTTAWA, ON, Dec. 17, 2025 /PRNewswire/ – New Canadian technology company Woodway Assurance is proud to announce that it has closed an oversubscribed seed funding
Paylaş
AI Journal2025/12/17 23:16
OpenVPP accused of falsely advertising cooperation with the US government; SEC commissioner clarifies no involvement

OpenVPP accused of falsely advertising cooperation with the US government; SEC commissioner clarifies no involvement

PANews reported on September 17th that on-chain sleuth ZachXBT tweeted that OpenVPP ( $OVPP ) announced this week that it was collaborating with the US government to advance energy tokenization. SEC Commissioner Hester Peirce subsequently responded, stating that the company does not collaborate with or endorse any private crypto projects. The OpenVPP team subsequently hid the response. Several crypto influencers have participated in promoting the project, and the accounts involved have been questioned as typical influencer accounts.
Paylaş
PANews2025/09/17 23:58
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Paylaş
BitcoinEthereumNews2025/09/18 01:44