EigenLayer Price Forecast: October 26
The EigenLayer price can increase above the resistance area as it gears up for another potential rally. The coin looks so ready for a 5.2% increase to the upside, if the bulls should defend the selling pressure at the $3.19 support, an increase in the bulls’ momentum may break the resistance level at $3.80 and this may increase the EIGENUSD price to a $400.00 upper high trend line, as market enthusiasts watch for a notable increase.
Key Levels:
Resistance Levels: $3.25, $3.26, $3.27
Support Levels: $3.08, $3.07, $3.06
EIGENUSD Long-term Trend: Bearish (1H Chart)
The EigenLayer market is gearing up for a notable rise and may increase to the upper resistance level as it shows a ready sign for growth in its higher time frame. The coin price is trending below the supply levels, confirming a bearish trend. 
The bears’ pressure on the coin to a $3.18 low mark in the past session has contributed to its bearishness in its recent low. However, the crypto has a target to increase to the upper resistance level, as the bullish sentiment returns to the market.
At the writing time, the EIGENUSD price increases to a $3.21 high level below the EMA-50 as the 1-hour 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 $3.80 barrier and target a key point at the upper channel.
Further, the EigenLayer price indicates an uptrend as it remains up on the daily signal, suggesting a bullish continuation pattern. In light of this, the coin price may increase to the $4.00 upper resistance level in the days ahead in its higher time frame.
EIGENUSD Short-term Trend: Bearish (15-Minute Chart)
The EIGENUSD pair may likely increase to the upper resistance level as a new correction has just begun in its short-term outlook. The coin price is below the resistance levels due to a high bearish impact, suggesting a bearish momentum. 
Sustained pressure from the bears to a $3.18 support level in the previous session has dropped the coin value below the supply levels in its recent high.
The bulls stepped in and increased the EigenLayer price to the $3.20 resistance level below the moving average as the 15-minute chart opens today, aiming at a bullish crossover. However, the buy traders could not relent, as they aimed to drag and increase the price further to a significant level at the upside.
Meanwhile, the EIGENUSD remains in an uptrend on the daily signal, suggesting the coin price may increase further. Thus, the next price target could be the $4.00 upper resistance level in the coming days in the lower time frame.
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