Crypto
FILE Price Hinges on $1.11 Break as Open Interest Surges
FILE is sitting at $1.07 as of September 29 morning session, up 1.55% on the day.
The token's price action is in a bullish moving average stack: the 7-day SMA at $1.05, the 20-day at $0.95, the 50-day at $0.82, and even the 200-day at $0.85 are all well below current price.
The EMA 12 at $1.02 has crossed convincingly above the EMA 26 at $0.94, confirming medium-term momentum is in the bulls' corner.
However, the MACD histogram is sitting at exactly zero, momentum is neither accelerating nor decelerating, it's at an inflection point.