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Eigenlayer

Eigen/UsdtBINANCE:EIGENUSDT 🚨 **Current Price**: **3.345** If the price holds around **3.345**, the next resistance levels could be: 💥 **3.800** – A key level to watch for potential selling pressure. 💥 **4.132** – If it breaks **3.800**, this could be the next target for upward movement. However, if the price doesn't hold and drops, watch these support levels: ⚡ **2.500** – A possible level where the price might find some stability. ⚡ **2.433** – If it falls below **2.500**, this could be the next support zone. 📉 **Explanation**: - If the price stays above **3.345**, it's a sign of strength, and we could see it move higher towards **3.800** and **4.132**. - If it drops below **3.345**, the price might test those support levels, with **2.500** and **2.433** being key areas for a possible reversal. ⚠️ **Just my thoughts, not financial advice!** Always do your own research before making any decisions! 📈💡
by Wolftrader1337
EigenLayer ($EIGEN): Surges Over 10% Amidst Hacking IncidentIn a startling turn of events, the official X account of EigenLayer was recently hacked, leading to the dissemination of phishing links aimed at users. Despite this alarming breach, $EIGEN has demonstrated remarkable resilience, with its price surging 10% amidst growing support from major cryptocurrency exchanges, notably Binance. Hacking Incident: A Temporary Setback? The breach of EigenLayer’s X account, which resulted in the posting of phishing scams, has raised significant concerns within the crypto community. Leading on-chain analytics firm PeckShieldAlert swiftly alerted users to avoid clicking the fraudulent links. The compromised account had deceptively announced that eligible participants for Season 2 of EIGEN tokens had been reallocated, further complicating the situation. This incident reflects a troubling trend in the cryptocurrency space, where projects like EigenLayer are increasingly becoming targets for cybercriminals. However, the prompt response from security firms and the community’s awareness appear to have mitigated the potential damage, allowing investors to remain confident in the project. Price Performance: EIGEN Defies Odds Remarkably, despite the hacking incident, EIGEN's price rose nearly 10%, reaching $3.57, with trading volume surging by 39% to $141.52 million. In the last 24 hours, EIGEN touched a high of $3.53. This price resilience can be attributed to several fundamental factors: 1. Exchange Support: The recent support from top exchanges, particularly Binance and Coinbase, has bolstered market confidence. The inclusion of EIGEN in Binance’s loanable assets and VIP loans further fuels optimism about its future. 2. Positive Market Sentiment: The broader cryptocurrency market has shown positive sentiment, with many investors viewing $EIGEN as a potential candidate for significant returns. Some predictions suggest that $EIGEN could reach $5 if certain market conditions are met. Technical Analysis From a technical standpoint, EIGEN's recent price movements are noteworthy. Despite facing challenges due to the hacking incident, the token’s 10% surge suggests a strong bullish momentum. Analyzing the daily price chart reveals several key patterns: Falling Wedge Pattern: EIGEN's price action has formed a falling wedge pattern, which typically indicates a reversal. The recent 10% surge suggests that this pattern may be in the process of reversing. - Bullish Flag Formation: The appearance of a bullish flag pattern on the daily chart further supports the notion of a potential upward move. This pattern typically signifies a consolidation phase before a continuation of the preceding trend, indicating that $EIGEN could be poised for significant gains in the near future. While the immediate outlook appears positive, it’s essential to monitor the support level around $3.25. A dip to this level could serve as a crucial point for $EIGEN to resuscitate and aim for new highs, potentially revisiting its all-time high (ATH) of $4.53. Conclusion: Despite the recent hacking incident, EigenLayer’s strong price performance and growing exchange support suggest that investors remain optimistic about the project’s future. As security measures strengthen and community awareness grows, EIGEN appears well-positioned to navigate through challenges and capitalize on market opportunities.
Long
by DEXWireNews
EIGEN COIN LONG OPPORTUNITY - ALTCOIN MARKET EIGEN is one of my favorite coins due to its strong fundamentals. Fundamental Analysis: EIGEN has over $11 billion locked on its platform, making it the 3rd highest in total locked value in the entire crypto market. Additionally, it’s the first and best restaking platform on Ethereum. Technical Analysis: EIGEN bounced off the daily demand zone, and the 4H structure has confirmed that the price is seeking upside liquidity/expansion. I expect it to reach these two targets and potentially much higher, possibly even new all-time highs during the next altseason. I believe we’ve hit the bottom for this coin, and I’ve opened a position.
Long
by UA_CAPITAL
EIGEN/USDT: Falling Wedge Retest – Ready for a Bullish move!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! EIGEN looks promising here. It’s breaking out of a falling wedge and is currently retesting the wedge. Consider going long at the current market price (CMP) and adding more on dips. Entry range: $3.26 - $3.36 Targets: $3.60 / $3.79 / $3.94 / $4.32 Stop Loss (SL): $3.08 Leverage: 5x What are your thoughts on EIGEN's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Long
by CoreCrypto1
2
Eigen Layer zones of interest2 main zones of interest on BINANCE:EIGENUSDT People will claim airdrop and sooner or later drop the price to zones of interest 2 zones marked by IAP model (how to work with model find in Ideas) positive and negative scenario will end in same zones so its matter of time Invalidation of idea mentioned on a chart Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Short
by Crypto4light
2
EigenLayer listed on WhiteBIT and other top exchanges.EigenLayer, the Ethereum-based restaking protocol, has officially removed transfer restrictions on its native EIGEN token, allowing holders to move and trade their assets freely. The token became transferable at midnight EST and is now trading on various cryptocurrency exchanges. EIGEN debuted at $3.90 with a fully diluted valuation of $6.51 billion. As of press time, the token price has increased by over 13% to $4.26, giving EigenLayer a fully diluted valuation of $7.1 billion, according to data from CoinGecko. The token distribution follows EigenLayer’s two stakedrops from an initial supply of 1.67 billion tokens. Approximately 86 million tokens were airdropped to users who had previously interacted with the protocol. Kairos Research estimates the current circulating supply to be around 200 million tokens, despite the protocol facing criticisms over conflict of interest. Despite the recent TVL decrease, EigenLayer remains a significant player in the Ethereum ecosystem, with over $12 billion in total value locked. The protocol’s innovative approach to restaking and its potential to enhance the security and efficiency of multiple blockchain networks continues to attract interest from investors and developers. Should the positive dynamics remain, it is possible to see $5 in the nearest future.
ELong
by paul_endeo
AltLayer: reALT is a good thing to ownAltLayer is a decentralized protocol that provides a platform for launching and scaling customized blockchains called rollups. These rollups are separate execution environments that inherit the security of their underlying base layer (like Ethereum) while offering faster transaction speeds and lower fees. Since the token was airdropped, price has been sideways, forming what looks like a weekly accumulation pattern. Daily chart is now trending up for a while, and suggests we can get a hefty move up from this range next if it gets follow through. You can hold and stake, and restake your ALT tokens here: stake.altlayer.io This will give you reward from staking plus potential airdrops over time. Definitely an interesting project to be invested in. Best of luck! Cheers, Ivan Labrie.
Long
by IvanLabrie