Filecoin Challenges AWS Dominance with Decentralized Cloud Computing
Filecoin is challenging Amazon Web Services (AWS) through the launch of its Filecoin Web Services (FWS) project.
Filecoin price analysis: Slowly correcting, FIL consolidates at $5.38
The Filecoin price analysis shows a drop in value today, but the bearish momentum is not threatening at the moment. As market selling pressure increased during the morning, the price…
Filecoin Launches FWS, Decentralized Alternative to Amazon Web Service
Prior to the launch of the FWS, the protocol launched its Filecoin Virtual Machine Compatibility which supports smart contracts.
As Filecoin buckles up for a new update, here’s how FIL reacted
The two-phased network upgrade is aimed at improving network quality. FIL was quick to react as its price went up by 3%.
Filecoin bulls show signs of weakness and April can see FIL drop below
The retest of the bullish order block at $5.2 saw the bulls come up with only a meek response. The market structure of Filecoin also pointed toward a downtrend.
![Filecoin [FIL] proposes new upgrade to fix glitches: Will FIL get back on track](https://insights.cryptobasemarket.com/wp-content/uploads/2023/04/filecoin-new-295707.jpg)
Filecoin [FIL] proposes new upgrade to fix glitches: Will FIL get back on track
Filecoin’s development team suggested to advance the upcoming nv19 upgrade from 11 May to 27 April in order to address the current issue in block production.
Filecoin price analysis: Bears pull FIL down to $5.49 aftermarket crash
The recent Filecoin price analysis shows a downtrend trading pattern as the market conditions remain bearish. The bears are dominating the market and pushing FIL/USD toward its current support level…
![Filecoin [FIL] rejected at $6.5; investors can seek gains at these levels](https://insights.cryptobasemarket.com/wp-content/uploads/2023/04/image-1200x800-1-1-294684.png)
Filecoin [FIL] rejected at $6.5; investors can seek gains at these levels
Filecoin faced price rejection at the local overhead resistance level of $6.5. The rejection is unsettling as it limits FIL’s capacity to recover mid-March losses.
Filecoin price analysis: Bearish momentum builds as FIL price decline to $6.20
The Filecoin price analysis shows signs of bearish activity as the bears have returned to the price charts after a bullish trend earlier today. Filecoin has been stuck in a…
![Filecoin [FIL] flips $6 level to support – bulls seek further gains](https://insights.cryptobasemarket.com/wp-content/uploads/2023/04/pp-1-fil-cover-e1681635732490-292935.jpeg)
Filecoin [FIL] flips $6 level to support – bulls seek further gains
Filecoin has been on an uptrend in 2023, and the breakout past the $5 and $5.65 levels in January was a crucial development. A look at the daily timeframe showed…
