EigenLayer Price Forecast – EIGENUSD Extends Bearish Streak as Sellers Tighten Grip

EigenLayer Price Forecast – February 3rd

The EigenLayer price forecast indicates continued market weakness as sellers maintain control, pushing the price down to the $1.5030 zone.

EigenLayer Long Term Trend: Bearish (Daily Chart)
Key Levels

Support Levels: $1.5000, $1.2000
Resistance Levels: $2.0500, $3.2300
Buyers have exited the market, failing to sustain any recovery attempts after retreating from $3.230 last month. With bearish dominance persisting since December, EigenLayer remains on a downward trajectory as sellers intensify pressure into February. The asset has struggled to regain strength, with sellers maintaining control since the beginning of the year.

EigenLayer Price Forecast—EIGENUSD Outlook

The failed recovery at $2.0500 confirmed the continuation of the downtrend, setting $1.5000 as the next key support level. The RSI is trending downward, reflecting increasing sell-side pressure. The Momentum indicator has also weakened, reinforcing the dominance of sellers.

If $1.5000 fails to hold, EigenLayer could extend its decline toward $1.2000, where buyers might attempt to regain control. A break below this level would signal deeper losses, further strengthening the bearish outlook.

A temporary pullback toward the $1.8000–$2.0500 range is possible before another wave of selling, but overall sentiment remains bearish. For a bullish reversal, EigenLayer must reclaim $2.0500, which appears unlikely unless buying pressure significantly increases.

EigenLayer Medium Term Trend: Bearish (4-Hour Chart)

On the shorter time frame, the market remains firmly in the grip of sellers. The RSI continues to decline, indicating a lack of immediate buyer intervention.
Momentum remains weak, reinforcing expectations of further losses. With low market volatility, buyers have yet to step in for a recovery attempt. If buying activity remains subdued, EigenLayer could slide further toward the $1.4000–$1.2000 zone, a critical area to monitor for potential market reactions. Traders looking for opportunities should also consider crypto signals to navigate current price trends effectively.

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