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Filecoin Price Jumps 27% as Support Levels Prove Sticky

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The Filecoin token has shown signs of life after weeks of trading in a tight range below $0.66.

A brief dip to $0.61 on August 18 seemed like a liquidity grab, but just three days later the price rebounded by nearly 27% to around $0.78.

This recovery marks a notable turnaround for Filecoin, which has been struggling to gain momentum in recent weeks.

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