1-month timeframe
🌙 EIGEN/USD 1M Analysis: Long-term potential 🔍
EIGEN at ~$1.18 (-79% from ATH $5.65, December 17, 2024) shows a bearish trend. RSI (~45) and Fear & Greed Index (~52, neutral) indicate stabilization. Market cap: ~$363.81M.
🔑 Key levels:
Resistance: $1.79–$2.98 (forecast for 2031, Bitget).
Support: $0.67–$0.90.
📈 Forecast: By July 2025, EIGEN may reach $1.62 (+37%, Bitget). Target for 2031: $2.98 (+156%). Competition with Lido and regulation — risks! 💰