$EIGEN To determine a suitable target price for buying now..
Current Price and Recent Performance
- The current price is 1.204 USDT, with a 24-hour increase of 6.74%.
- The 24-hour high is 1.209 USDT, and the low is 1.114 USDT.
- The trading volume in the last 24 hours is significant, with 8.29 million EIGEN traded.
- *Resistance Level*: The next significant resistance appears to be around 1.283 USDT (MA(99)), followed by 1.323 USDT (MA(25)).
- *Support Level*: The recent low is around 1.114 USDT, which could act as a support level.
Recommendation
Given the current upward momentum and the proximity to the support level, a reasonable target price could be around 1.283 USDT to 1.323 USDT, representing a potential gain of 6.6% to 9.7% from the current price.
However, it's essential to note that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
Please conduct your own research before making any investment decisions.