Eigenpie Price Forecast: October 9
The EigenLayer market continues to bounce as it holds above the $3.45 resistance value as investors make this a new accumulation zone. As the currency faces the upper channel, it can rise even higher to the $3.71 supply level. If the bulls can stay in the market longer, a breach from the immediate resistance level of $3.71 will provide more evidence of a positive recovery. The higher resistance mark of $4.00 may serve as a target if the coin price keeps rising. This is a fantastic chance and a strong buy signal for the long investors.
Key Levels:
Resistance Levels: $3.45, $3.46, $3.47
Support Levels: $3.19, $3.18, $3.17
EIGENUSD Long-term Trend: Bullish (30-Minute Chart)
The long-term market value of EigenLayer holds above the resistance level with huge volumes from the bulls. The coin price is trading above the EMA-50, approaching the overhead resistance, suggesting a bullish trend. Thus, the recent market structure has favored the bulls. 
The persistent bullish pressure on the crypto to the $3.43 high value in the past session has made it easier for the coin price to hold above the supply levels and remain firm in its recent high.
Today, the 30-minute chart bullish candle holds above the EMA-50 at the $3.51 supply value, confirming the bulls’ dominance in the market.
This breakup may accelerate the bullish momentum and extend the ongoing correction to a higher level, signaling high optimism among the coin investors.
Additionally, the price of EIGENUSD might increase further as the market price holds above the resistance levels close to the upper channel, as indicated by the daily signal pointing upwards. In light of this, the price might bounce up to the $4.00 upper resistance level in the nearby days and beyond as it holds above the resistance value in its higher time frame.
EIGENUSD Short-term Trend: Bullish (5-Minute Chart)
The EIGENUSD market remains optimistic as it holds above the resistance value in its medium-term outlook due to the high inflow from the long traders. The crypto price is approaching the upper resistance channel with a more bullish impact, suggesting a high uptrend. 
The bulls’ pressure to a $3.43 high mark in the last few hours has sustained the EigenLayer pair’s holding above the resistance level and its firm recent high.
At the press time, the market price of EIGENUSD holds above the EMA-50 at the $3.51 resistance value on the 5-minute chart, affirming the presence of more buyers amid the erratic crypto market.
The EigenLayer price exhibits a robust upward trajectory; if the market conditions remain favorable, the crypto price may surge to hold above the $3.51 current resistance value as the market value keeps growing.
Additionally, the daily stochastic signals an uptrend, implying that the EigenLayer price may remain above the resistance levels. Therefore, if the bulls could push harder and sustain the coin price above the $3.51 current high level, the resulting rally may reach the $4.00 psychological level at the upside soon as it holds above the resistance level in its short-term perspective.
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