50% price drop; What will be the trend of filecoin now?

In rece days, the rapid growth of deceralized physical infrastructure network (DePIN) tokens, especially Iernet of Computer (ICP), has played an importa role in stimulating the demand for FIL. The number of FileCoin network transactions has also increased, which is a sign of high user activity.

From a technical poi of view, the $2.1 range is the most importa support for FIL. The price remaining above this range can provide the basis for FileCoin to return to the $3.9 resistance and, in an optimistic scenario, move towards higher targets such as $10; But if this very importa support is broken, there is a possibility that the price will fall again to the $1 range.