EigenLayer Price Forecast: November 27
Amidst market optimism, EigenLayer price remains pressured above the supply value reflecting heightened traders’ engagement. The coin is trying hard not to fall by resisting sellers, in case the bulls’ pressure breaks up the resistance level of $3.45, the coin price may increase further to a $3.80 high trend line, increasing investors’ confidence in the asset.
Key Levels:
Resistance Levels: $3.08, $3.09, $3.10
Support Levels: $2.42, $2.41, $2.40
EIGENUSD Long-term Trend: Bullish (4H Chart)
The price of EIGENUSD remains pressured above the supply value, reflecting robust bullish momentum as the broader cryptocurrency market rallies. The coin price is trending toward the upper resistance channel above the supply levels, confirming a high bullish trend. 
The bulls’ pressure on the coin to the $3.00 supply value in the last session has enabled the crypto price to remain pressured above the supply trend levels in its recent high.
At the writing time, the EigenLayer price increases and remains pressured above the EMA-50 at $3.07 supply value as the 4-hourly session opens today, shaping the price trajectory as it approaches the anticipated target.
Hence, a strong push by the bulls may increase the coin price to retest the $3.45 barrier and target a point at the upper channel.
However, there is a possibility of a further increase in the price of EIGENUSD if the buy traders increase their price actions and all the current support level holds; a resistance level at $3.80 might be reached soon in its long-term perspective.
EIGENUSD Short-term Trend: Bullish (1H Chart)
The EIGENUSD pair remains pressured above the supply levels as it anticipates growing more in its short-term outlook. The coin price is above the supply levels due to a high bullish impact, suggesting a strong bullish momentum. 
Sustained pressure by the long traders at a $2.82 high level in the last session has increased the coin value above the supply levels in its recent high.
Buyers’ actions have kept the EigenLayer price pressured above the supply value at $3.08 as the 1-hourly chart opens today and the broader cryptocurrency market rallies. Hence, more gains are possible if the bulls put extra effort into the price action.
Furthermore, the daily stochastic signals an uptrend. Suppose the bulls could push harder and sustain the EIGENUSD price above the previous high of $3.24. In that case, the resulting rally may surpass the $3.45 level and hit the $4.00 upper resistance level in the days ahead in its lower-term perspective.
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