1-week timeframe
📈 EIGEN/USD 1W Analysis: Waiting for recovery 🔎
EIGEN at ~$1.18 (+4.5% for the week) is testing the 200-week MA ($1.20). RSI (~50) is neutral, volumes are decreasing (-21.92%, Coinbase). Weekly volume: ~$917.35M.
🔑 Key levels:
Resistance: $1.47–$1.79.
Support: $0.90–$1.10.
📈 Forecast: Weekly forecast: growth to $1.79 (+52%) if holding above $1.10. A drop below $0.90 will lead to a test of $0.67 (ATL). EigenCloud and a16z are the growth drivers! 🚀