EigenCloud (EIGEN)

I'm not stressed out of my #Altcoin portfolio at all.

- $EIGEN makes new highs.
- Matter of time until $NEAR, $ONDO and $TAO pick up momentum.
- $SEI is holding up nicely.

I'm still down 50% from my investment, but I've been down 75% just a few months ago and it has doubled since then.

This correction on the markets has barely touched my altcoin portfolio in terms of further correction, and that shows a lot about the altcoin markets.

Most altcoins aren't falling through, some of them are actually making new highs, showcasing the resilience of the markets and showcasing that the markets are getting into their end stage of the bear market (as otherwise they wouldn't be breaking out at all).

#EIGEN

Current overview.

Friends, after $EIGEN was listed, the inverted flag formation it built over roughly a year was broken downwards in October, and subsequently it fell for about six months, retreating to the bottom area that was the target of the formation.

Since April, we have been observing a horizontal accumulation process for about five months.

For the long‑term uptrend to be considered started, the main downtrend originating from the ATH level needs to be broken. There is still a significant distance to achieve this.

However, in the short term, an upward break of this horizontal channel formed in the dip area could signal the start of a strong recovery.

The price is currently testing this breakout.

In potential upmoves, the levels I marked on the chart
🔹0.34$
🔹0.44$
🔹0.66$
🔹1.02$ and
🔹1.66$ will serve as important resistance zones respectively.

Continue monitoring both short and long term.

$EIGEN / $USD - Update

Flip this level at $0.27c and we good for continuation and a safe long position. https://t.co/mxpUqGJ09G