$EIGEN Just Popped — But Is It Just Getting Started?
Alright, $EIGEN fans — we’ve got some serious action today. The price pumped almost +19% in the last 24 hours, hitting a high of $1.513 before cooling off to around $1.41. Not bad for a quiet weekend move.
What’s going on?
Price jumped from $1.18 to $1.51 in just a few hours
Volume’s heating up — 14.9M EIGEN traded
Strong growth over the last 30 days: +77%
But sellers are starting to creep in: 64% of trades are red
What the chart is telling us:
It broke out hard above $1.29 — a level it struggled with before
Tapped $1.51, then pulled back (profit-taking, maybe?)
As long as it holds around $1.36–$1.40, bulls might still be in control
Watch for another attempt at $1.50+ if volume stays strong
Should you FOMO?
Not so fast. EIGEN’s still recovering from some brutal drops in the past few months (-12% in 90 days, -43% in 180 days). So while this bounce is exciting, it could also be short-lived if momentum dies off.
Bottom line:
$EIGEN ’s showing strength, no doubt. If you’re in already, it might be worth watching how it reacts around $1.40. If it holds, we might see another leg up. If not… well, you know how crypto is.
DYOR, stay sharp, and don’t chase green candles blindly.
