Based on today's classical pivot point (P1) with the value of $0.1763, EigenLayer has support levels of $0.1633, $0.1550, and the strongest at $0.1419. Similarly, EigenLayer resistance levels are at $0.1846, $0.1977, and $0.2060.
| # | Price | Strength |
|---|---|---|
| S1 | $0.1633 | |
| S2 | $0.1550 | |
| S3 | $0.1419 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1846 | |
| R2 | $0.1977 | |
| R3 | $0.2060 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 41.77 | NEUTRAL |
| Stoch RSI (14) | 27.23 | NEUTRAL |
| Stochastic Fast (14) | 22.33 | NEUTRAL |
| Commodity Channel Index (20) | -94.90 | NEUTRAL |
| Average Directional Index (14) | 23.83 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.03 | NEUTRAL |
| Momentum (10) | -0.04 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -77.67 | NEUTRAL |
| Bull Bear Power (13) | -0.02 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.39 | NEUTRAL |
| VWMA (10) | 0.19 | SELL |
| Hull Moving Average (9) | 0.16 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.21 | NEUTRAL |
Over the past 7 days, EigenLayer price was most positively correlated with the price of Chainlink (LINK), Bittensor (TAO), Terra Classic (LUNC), Immutable X (IMX) and Cronos (CRO) and most negatively correlated with the price of Ethena (ENA), LayerZero (ZRO), JUST (JST), LEO Token (LEO) and Bitcoin Cash (BCH).
| Name | Correlation |
|---|---|
| Chainlink | 0.925 |
| Bittensor | 0.899 |
| Terra Classic | 0.888 |
| Immutable X | 0.873 |
| Cronos | 0.867 |
| Name | Correlation |
|---|---|
| Ethena | -0.416 |
| LayerZero | -0.399 |
| JUST | -0.338 |
| LEO Token | -0.277 |
| Bitcoin Cash | -0.257 |
EigenLayer price is positively correlated with the top 10 coins by market cap with a price of 0.268, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.442.
Currencies that are positively correlated with EigenLayer indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with EigenLayer, a move in one direction for EigenLayer would translate into a move in the opposite direction for the negatively correlated coin.
