Filecoin Surges 9% Amid Bullish Momentum: Will the Rally Continue?

Filecoin has gained 9% and is trading at $0.99, with a surge in trading volume of over 28%. The asset's price pattern is bullish, with the MACD line above the zero line and the Chaikin Money Flow indicator value at 0.13. The daily RSI is at 66.35, indicating moderate buying pressure. The Bull Bear Power reading of FIL is 0.081, showing moderate bullish dominance.