Filecoin

Date:&nbsp;Sat, Sept 13, 2025 | 11:25 AM GMT
The cryptocurrency market continues to show strength amid expectations of potential US Federal Reserve rate cuts, with Ethereum (ETH) reclaiming the $4,700 mark today. Alongside this, several major <a href="https://coinsprobe.com/bittensor-tao-to-soar-further-key-harmonic-structure-hints-at-potential-upside-move/" rel="noopener noreferrer nofollow">altcoins</a> are flashing bullish signals — including Filecoin (FIL).
FIL has turned green with a 12% gain over the past week, and more importantly, its chart is now displaying a harmonic structure that could set the stage for further upside momentum.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/b470e2106de14185bddea32ef4cd2f10.png">Source: Coinmarketcap
<h2 id="header-0">Harmonic Pattern Hints at Potential Upside</h2>
On the daily chart, FIL has formed a Bearish Butterfly harmonic pattern. Despite its name, this setup often unfolds with a bullish rally in the CD leg before price action approaches the Potential Reversal Zone (PRZ).
The pattern began at Point X ($3.304), dropped to Point A, rallied to Point B, and retraced to Point C near $2.134. From there, FIL regained strength and is now trading around $2.605, reclaiming its 100-day moving average, which shows resilience and steady upside momentum.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/dec4de8cbc2242bf85e162942dcb6d48.png">Filecoin (FIL) Daily Chart/Coinsprobe (Source: Tradingview)
The immediate test lies at the 200-day moving average ($2.633). A decisive breakout above this level would likely confirm renewed bullish momentum.
<h2 id="header-1">What’s Next for FIL?</h2>
If bulls manage to defend the 100-day MA and push FIL above the 200-day MA, the token could extend its rally toward the PRZ zone between $3.669 (1.272 Fibonacci extension) and $4.133 (1.618 extension). Historically, these levels are where the Butterfly pattern completes, making them critical upside targets.
On the downside, if FIL loses its 100-day MA support, the bullish setup would weaken, opening the door for another phase of consolidation.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
Also Read: <a href="https://coinsprobe.com/aptos-apt-to-rise-higher-key-fractal-formation-hints-at-potential-upside-move/" rel="noopener noreferrer nofollow">Aptos (APT) To Rise Higher? Key Fractal Formation Hints at Potential Upside Move</a>

Filecoin (FIL) To Soar Higher? Key Harmonic Structure Hints at Potential Upside Move

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