EigenLayer Price Forecast: December 14
The EigenLayer price may increase more as the token price begins to show signs of promising further gains fueled by a bullish trend. If the bulls defend the selling pressure, an increase in the bulls’ momentum may break the resistance level at $5.45, increasing the EIGENUSD price to a $5.60 upper high trend line, suggesting an optimistic future for the crypto.
Key Levels:
Resistance Levels: $5.25, $5.26, $5.27
Support Levels: $4.35, $4.34, $4.33
EIGENUSD Long-term Trend: Bullish (4H Chart)
EIGENUSD price will increase as the coin market remains bullish and continues to trend towards the upper channel, indicating a strong bullish movement in its long-term view. The high order flow from the bulls in the last session also added to this bullishness. 
However, on the 4-hourly chart today, there is a broader recovery in the prices. The EigenLayer pair will increase more as the market value jumped to a $5.27 supply level above the EMA-50 as the bulls took to their stand to resume the bullish trend.
Hence, staying above the EMA-50 indicates a strong possibility for a bullish correction. A strong breakup above the current supply level would strengthen the bullish pressure. Further, the EIGENUSD price depicts a beautiful bullish increase by pointing up on the daily signal.
Thus, if the bulls breach the $5.45 previous resistance; the anticipated $5.60 upper resistance level might soon be reached as the coin anticipates more increase in its higher time frame.
EIGENUSD Short-term Trend: Bullish (1H Chart)
In the medium-term view, the EIGENUSD pair is growing and may increase more as it faces the upper channel, indicating that buyers are leading the crypto market. Pressure from the bulls at the $5.07 high value in the previous action has sustained its upward stability in its recent high.
As a result of price rejection in the previous action, buyers have been able to increase the price of EigenLayer to a $5.27 high level above the EMA-50 as the 1-hourly session opens today.
Meanwhile, if a renewed surge in buyers’ interest occurs, the EIGENUSD price might increase to the $5.45 peak level, reflecting robust investors; confidence.
Hence, the bullish correction at the mentioned resistance level indicates that the bulls are planning to strongly increase the price of EigenLayer to a high level at the upsides, and the $5.60 supply trend line might be the target also in the future in its medium-term outlook.
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