Filecoin (FIL) To Rally Higher? Key Emerging Bullish Fractal Setup Saying Yes!

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Date: Mon, Sept 01, 2025 | 09:20 AM GMT The cryptocurrency market is regaining ground as Ethereum (ETH) climbs to $4,475 from its 24-hour low of $4,362, marking a 2.50% daily gain. Alongside this recovery, several altcoins are also showing fresh upside momentum — including Filecoin (FIL). Today, $FIL is up nearly 6%, and more importantly, its chart is hinting at a potentially major bullish setup that resembles a historical fractal pattern which previously led to a massive rally.

Source: Coinmarketcap Fractal Setup Hints at a Bullish Reversal On the daily chart, FIL has been consolidating inside a broad falling wedge — a long-term structure typically linked with accumulation phases and eventual bullish breakouts. Back in late 2024, FIL staged a striking reversal from this same pattern. After bouncing off its wedge support, it reclaimed the 100-day moving average, broke out of its correction zone (highlighted in red), and pushed through the 200-day moving average. That sequence triggered a 117% rally, carrying the price all the way to the wedge’s upper boundary.

Filecoin (FIL) Fractal Chart/Coinsprobe (Source: Tradingview) Now, the resemblance is hard to ignore. Currently, FIL is once again pressing near the 100-day moving average ($2.487) and testing the wedge resistance zone. Just as before, this positioning suggests growing bullish momentum that could be the prelude to a breakout. What’s Next for FIL? If FIL repeats its historical fractal behavior, the key triggers to watch are: A decisive breakout above the 100-day MA.A sustained reclaim of the 200-day MA (currently near $2.69). Clearing these levels could unlock a rally toward the upper wedge boundary around $3.80+ — marking a gain of more than 50% from current levels. And if FIL eventually breaks free from the falling wedge entirely, the move could set the stage for an even larger bullish advance in the months ahead. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

FIL1.51%
RLY-5.68%
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TradingHarborMastervip
· 21h ago
The analysis is spot on, looking at $5 for FIL by the end of the month.
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