EigenLayer Price Forecast: January 4
EIGENUSD’s price remains bullish and also looks nice for buy investors starting the New Year with a remarkable increase as the market looks to extend its gain. The coin price will most likely continue its bullish run, and the price could go higher if the bulls are able to break up the $5.67 value; then, we can expect the potential rally to surge to a $5.80 upper resistance level and beyond, indicating strong market approval.
Key Levels:
Resistance Levels: $3.88, $3.89, $3.90
Support Levels: $3.33, $3.32, $3.31
EIGENUSD Long-term Trend: Bullish (4H Chart)
Today, the EigenLayer price looks nice for buyers as the market grows and shows a promising sign of recovery above the resistance level in its higher time frame.
The sustained order flow by the bulls to the $3.62 supply in the last session has enabled the EIGENUSD market to grow and look nice for buyers at its recent high.
Today, the EigenLayer pair looks nice for buyers, as buy investors, rallied upwards to a $3.88 resistance level above the EMA-50, suggesting an uptrend and a bullish impact on the coin. Thus, more upsides are possible as buyers are seen clustered around the market presently.
In addition, under the influence of this market level, the price of EIGENUSD could rise steadily soon and break up the previous high of $5.67 level to reach the $5.80 resistance level in the coming days as it looks nice for buyers in the long-term perspective.
EIGENUSD Short-term Trend: Bullish (1H Chart)
The EIGENUSD pair looks nice for buyers as upward pressure still dominates the pair on the medium-term outlook. The coin price is above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls. 
The coin has been having a series of higher highs and lows from the past session, making it possible for the bulls to retain the strength in its recent high.
Today, the EigenLayer pair looks nice for buyers, correcting at the $3.88 supply value above the moving averages to resume the 1-hourly chart, encouraging buyers to invest, as possible future gains are certain.
Thus, a possible breakout from the current retracement at the $3.88 neckline will accelerate the buying momentum and push the prices to hit the $5.67 previous resistance, as it experiences a remarkable surge.
Additionally, the EigenLayer price might experience a bullish breakout if the bulls add more effort to their tension in the market, as signaled by the daily stochastic pointing up, indicating an uptrend and a bullish trend continuation. As a result, the next target could be the $5.80 high trend mark soon in the short-term perspective.
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