Eigenpie Price Forecast: October 2
Today, the Eigenpie price faces the overhead resistance and maintains its bullish race above the key reversal structure. Breaking through this barrier is crucial for the asset to rally towards the $7.767 mark. Thus, if the coin investors could prove harder and the price shows sustainability above the mentioned barrier, its upside moves could extend further to reach a $8.000 high level and beyond, amid market volatility.
Key Levels:
Resistance Levels: $7.000, $7.500, $8.000
Support Levels: $4.500, $4.000, $3.500
EGPUSD Long-term Trend: Bullish (15 Minutes Chart)
The EGPUSD pair is trending and maintains its bullish race in its long-term perspective. Buyers are confident about gaining higher levels, confirming their high impact in the market at present. 
The sustained bullish pressure to a $6.758 level in the previous session has made it possible for the crypto to maintain its bullish race and remain firm in an uptrend in its recent high.
At the writing time, the Eigenpie maintains its bullish race at the $7.423 high mark above the resistance trend line as the 15-minute chart opens today, triggering the bullish sentiment before it begins another retracement.
Hence, if the EGPUSD pair could stay above the $7.500 trend line “for the next few days,” the coin price could revisit the $7.767 to $8.00 range, hinting at a robust upward trajectory.
Additionally, the Eigenpie market may continue with the upside movement and maintain its bullish race, as indicated by the daily momentum signaling an uptrend. In light of this, the crypto price could rise as high as $8.00 upper resistance level, resulting in a good entry point for coin investors as it maintains its bullish race in its long-term perspective.
EGPUSD Short-term Trend: Bullish (5 Minutes Chart)
Despite the interference of short-term traders in the price flow, the EGPUSD market in the lower time frame maintains its bullish race. 
The coin price is progressing upward above the resistance trend lines towards the upper resistance levels, indicating that buyers are gaining more strength in the market.
The bull’s increasing pressure to a $6.753 supply mark in the last session has made it easier for the Eigenpie price to maintain its bullish race and remain firm in an uptrend in its recent high.
Today, the bulls made an aggressive move to the $7.439 high value above the supply trend levels as the 5-minute chart opens.
The crypto market looks promising as it maintains its bullish race while the bulls remain dominant. Therefore, if the bulls should increase their price action, and a bullish momentum is sustained far above the$7.547 resistance trend lines, further bearish sentiment will be hibernated.
Notably, the daily stochastic is in an upward direction. Hence, if the EGBUSD buyers could break above the $7.547 previous barrier line, the market participants may witness a new recovery rally, and this may likely reach the $8.000 high mark soon, as it maintains its bullish race in its lower time frame.
Place winning Eigenpie trades with us. Get EGP here
Leave a Reply