Filecoin price holds $1.19 as hourly RSI flashes overbought near resistance
cryptocurrency.com.tr reports that Filecoin (FIL) trades at $1.19 on Binance, sitting on the daily Bollinger upper band with the hourly RSI overbought at 71.6. The price presses into resistance after the last completed daily candle closed at $1.18. Every EMA on every timeframe sits below price, and the daily MACD histogram just crossed back above zero. The dominant force is still trend, not mean reversion, despite the hourly RSI being technically overbought.
How the market reacted
Whalio's own Binance spot order flow for FIL, measured when this story was written up on 6 October 2026. Not the outlet's figures.
At $1.18, the 1-hour buy ratio is 44.2% and the 4-hour buy ratio is 41.4%, both below the 50% threshold, indicating that sellers are currently dominating short-term flow. This contrasts with the 24-hour buy ratio of 50.8%, which shows a slight majority of buyers over the full day. The 1-hour volume delta is -$31,395 and the 4-hour delta is -$528,541, meaning more money is leaving the market via sells than entering via buys in these shorter windows. Over 24 hours, the volume delta is positive at +$323,460, suggesting that while recent pressure is bearish, the day has seen net inflows. The 24-hour CVD closed at -$810,520, indicating that aggressive selling pressure has outweighed aggressive buying pressure by that total amount. Buying pressure appears to be fading in the immediate term, as the short-term ratios and deltas turn negative while the daily average remains near parity.
The latest daily buy ratio of 50.9% sits at the 79th percentile of the last 323 days, against a median of 48.9% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for FIL, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 46.6%, and today's 24-hour ratio of 50.8% is +4.2 points higher than that average. Spot volume for the day was $21,611,154, which is 1.70x the weekly average, indicating significantly higher activity. This is an unusual day for the coin, as there has been only 1 day of net buying in the last 7 days. The 8-day volume delta total was -$6,107,085, showing that despite today's positive delta, the broader weekly trend has been net selling. The price has changed +11.4% over the last 8 days, contrasting with the net outflow of capital recorded over that period.