{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eigenlayer-eigenusd-price-to-retest-the-3-68-supply-level-watch-for-buy\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eigenlayer-eigenusd-price-to-retest-the-3-68-supply-level-watch-for-buy\/","headline":"EigenLayer (EIGENUSD) Price to Retest the $3.68 Supply Level, Watch for Buy","name":"EigenLayer (EIGENUSD) Price to Retest the $3.68 Supply Level, Watch for Buy","description":"EigenLayer Price Forecast: November 20 The EigenLayer price can retest its prior supply level at $3.68 as the new recovery action begins, aligning with the November crypto market rally. Should the bulls push higher and close above the $3.45 resistance value. The post-retest rally may drive the prices high to hit the $3.68 supply and […]","datePublished":"2024-11-20","dateModified":"2024-11-20","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/11\/EIGENUSD-IMG-7.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/11\/EIGENUSD-IMG-7.png","height":200,"width":200},"url":"https:\/\/forexschoolonline.com\/eigenlayer-eigenusd-price-to-retest-the-3-68-supply-level-watch-for-buy\/","about":["Cryptocurrency","FX Technical Analysis","Price Action Charts in Focus","Trade Idea","Trade Setups"],"wordCount":386,"keywords":["EigenLayer","EIGENUSD","Technical Analysis"],"articleBody":"EigenLayer Price Forecast: November 20The EigenLayer price can retest its prior supply level at $3.68 as the new recovery action begins, aligning with the November crypto market rally. Should the bulls push higher and close above the $3.45 resistance value. The post-retest rally may drive the prices high to hit the $3.68 supply and extend further to meet the $4.00 upper resistance level. Hence clear buy signal for the coin investors.Key Levels:Resistance Levels: $2.49, $2.50, $2.51Support Levels: $2.30, $2.29, $2.28EIGENUSD Long-term Trend: Bearish (4H Chart)The EIGENUSD pair aims to retest the $3.68 supply value as the coin traders begin the upbeat trend in higher times. The prices are facing the resistance lines, indicating an uptrend.The sustained bearish pressure at the $2.32 support value in the last session has made the crypto price remain below the supply trend levels in its recent high. Today’s EigenLayer price trades at a 4-hourly high of $2.48 below the supply levels, suggesting the bulls are making a recovery attempt to retest the $3.68 peak level amid new market changes. Meanwhile, if the current trend persists, the EIGENUSD price may surge to retest the $3.68 barrier level, suggesting a potential uptrend.Notably, the EigenLayer pair indicates an uptrend on the daily stochastic, implying that the coin price may continue the bullish correction to reach the $4.00 upper resistance level in the coming days in its higher time frame.EIGENUSD Short-term Trend: Bearish (1H Chart)The EIGENUSD pair aims to retest the previous high mark following the returns of coin buyers to stage a play. In its short-term frame, the price is below the supply levels, denoting a bearish trend. The coin\u2019s interference with the bears at the $2.27 support level in the last session has dropped the price below the supply levels in its recent high.The EigenLayer price rises to a $2.48 supply level below the EMA-50 shortly after the commencement of today\u2019s 1-hour chart, following the recent threat of increasing. Meanwhile, pushing the crypto price above the supply zone requires buyers\u2019 participation.However, there is a possibility of a further increase in the price of EIGENUSD if the buy traders should increase their price actions. The price is likely to retest the $3.25 previous high and extend to hit the $4.00 resistance levels in the upcoming days in its short-term time frame.Place winning EigenLayer trades with us. Get EIGENUSD here "}