EigenLayer Price Forecast: November 30
Today, the EigenLayer price remains bullish and looks good for a long at the $3.86 price level. Staying on the upward trajectory, the coin price will most likely continue, and the price could still go higher if the bulls are able to break up the $3.96 value. Then, we can expect good upside momentum up to the $400.00 upper resistance level and beyond, reigniting investors’ optimism and interest in the coin.
Key Levels:
Resistance Levels: $3.86, $3.87, $3.88
Support Levels: $3.40, $3.39, $3.38
EIGENUSD Long-term Trend: Bullish (4H Chart)
The EIGENUSD pair looks good for a long with an impressive bullish sentiment in its long-term outlook. The price responded to the shift in the market structure and is currently above the moving average, indicating a bullish trend. 
Pressure from the bulls to the $3.70 supply value in the past few hours has enabled the coin price to look good for a long and remain above the supply trend levels in its recent high.
Today, the EigenLayer market looks good for a long as the coin prices surged to a $3.86 resistance level above the EMA-50, implying an uptrend and a high bullish impact on the coin.
Hence, if the bulls increase their confidence in the EIGENUSD investment, the coin market could see another uphill trend by touching the $3.96 resistance point and hitting the $4.00 resistance level, attracting big players to drive the price higher.
In addition, with the daily stochastic signaling an uptrend, under the influence of this market level, the price of EigenLayer could rise steadily soon and break up the previous high of $3.96 level to reach the $400.00 upper resistance level in the coming days as we watch the crypto market turns strongly bullish and looks good for long in the long-term perspective.
EIGENUSD Short-term Trend: Bullish (1H Chart)
Despite the interference of short-term traders in the price flow, the EIGENUSD pair looks good for a long as upward pressure still dominates the coin market in the short-term outlook. The coin price is above the moving average with huge volumes from the bulls, suggesting a high bullish momentum. 
The coin has been having a series of higher highs and higher lows from the past session, making it possible for the bulls to retain the strength in its recent high.
Today, the EigenLayer price has looked good for a long time at the $3.86 supply value above the moving averages as the 1-hourly chart resumes. This bolsters optimism for market performance in crypto, as possible future gains are certain.
Thus, a possible breakout from the current retracement at the $3.86 neckline will accelerate the buying momentum and push the prices higher to hit the $4.09 previous resistance level.
Additionally, a bullish breakout is possible if the bulls can add more effort to their tension in the market as the daily stochastic signal points upwards, indicating a bullish continuation.
As a result, the next bull race could target the $410.00 high trend mark soon, as the market looks good for a long short-term perspective.
Place winning EigenLayer trades with us. Get EIGENUSD here
Leave a Reply