Filecoin (FIL) is currently priced at $1.35, experiencing a modest 24-hour change of 2.39%. The daily range has been tight, with a high of $1.35 and a low of $1.31, indicating low volatility in the short term.

Trading volume over the last 24 hours stands at approximately 74 million, representing 7.56% of the market cap. The hourly moving averages show mixed signals, with the 8 SMA and 13 SMA indicating upward momentum, while the 55 SMA suggests a bearish trend in the short term.

The 1-hour RSI is at 52, suggesting a neutral position, while the 7-day RSI of 45 indicates a slightly oversold condition. However, the longer-term price changes reveal bearish momentum, with a 7-day change of -8.88%, a 14-day decline of -15.28%, and a significant 30-day drop of -33.84%.

Despite the recent upward movement, Filecoin remains significantly below its all-time high of $236.84, achieved in April 2021. The prevailing trend suggests that FIL is currently in a downtrend, and the lack of significant bullish momentum raises concerns about sustained recovery.

Considering the technical indicators and recent price action, the recommendation for Filecoin (FIL) is to Hold. The current price shows some signs of short-term recovery, but the broader bearish trend and lack of strong volume support suggest waiting for clearer bullish signals before making new purchases.