Filecoin Price Rebounds 27% as Data Narrative Builds
Filecoin (FIL) rebounded 27% from a low of $0.61 to $0.78, crossing its 50-day EMA and facing resistance at $0.82 and $0.90. The token's price could test the 200-day EMA at $0.95. Filecoin highlights growth in AI training datasets and cloud storage, with projections of $3.2B and $173B markets by 2025 and 2026, respectively. The EU Data Act's 2027 deadline on cloud-switching charges may benefit Filecoin's zero egress policy.

