Analysis of the trend of the altcoin FIL:

FIL has been continuously bought by Grayscale recently. This may be due to Grayscale's intervention or the influence of the overall market environment, causing its price to fall rapidly to the lowest point in the bear market.

From the daily line structure, FIL as a whole shows a gradual downward trend from the high point. Although the strength of each decline has weakened, the market has obviously been oversold.

If the overall market falls further, FIL may continue to fall to the lower support range and consolidate there. Only when there is a signal of rising rebound, FIL is likely to show good performance. At present, the market is not hot, and FIL can be a good choice for alternative investment. Pay attention to the night of cooking, bull market strategy layout, share various passwords, and take you to learn more about 100 times coins

Follow the support range of FIL between US$3 and US$2.8.

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