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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
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.
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