EigenCloud (prev. EigenLayer) EIGEN
Current Price
$0.5707 -0.68%
$0.0399 Daily Range (6.98%)
$0.5623$0.6022
$51.63M Daily Volume
554 BTC
Vol/MktCap: 18.56%
Market Performance
0.07% Relative BTC Volume
The total volume of EigenCloud (prev. EigenLayer) is $51.63M over the past 24 hours, compared to $73.79B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.5916 -3.54%
13 SMA $0.5892 -3.14%
21 SMA $0.5834 -2.17%
55 SMA $0.5538 +3.04%
144 SMA $0.5699 +0.13%
Price Performance
-2.08% 1 Hour Change
$0.5707 from $0.5828
-7.75% 7 Day Change
-$0.0443 from $0.6149
-13.48% 14 Day Change
-$0.0769 from $0.6476
-24.29% 30 Day Change
-$0.1386 from $0.7093
All Time High
December 17, 2024
$5.65 -89.90%
-$5.08 vs. now
24H Change
-1.46M USD -0.52%
-16 BTC
Volume and Supply
Total Supply: 1.77B EIGEN 
487.52M EIGEN Available27.51% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
88.81 x BTC Supply89:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
88.67M EIGEN
traded over past 24 hours
18.19% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
EigenCloud (prev. EigenLayer) AI Market Analysis
EigenCloud (EIGEN) is currently priced at $0.571782, reflecting a 24-hour decline of 1.09%. The daily trading range shows a low of $0.562295 and a high of $0.602151, indicating a relatively narrow movement of 3.35% within this period, which suggests a lack of volatility.
Trading volume stands at 52,492,348, accounting for 18.82% of the market cap, signaling moderate interest among traders. However, the downward pressure is evident as the asset has experienced a 7-day price change of -6.58%, a 14-day drop of -13.30%, and a significant 30-day decrease of -24.15%, indicating a bearish trend in the short to medium term.
Technical indicators reveal that short-term moving averages (8 SMA and 13 SMA) are all below the current price, suggesting a bearish sentiment. The 55 SMA, however, shows a modest gain of 3.24%, potentially indicating a longer-term support level around $0.5538, while the 144 SMA is only marginally positive at 0.32%.
The Relative Strength Index (RSI) readings for both the 1-hour and 7-day periods are at 44, suggesting that EIGEN is approaching oversold conditions. This could imply a potential price rebound if buying interest develops, but the lack of momentum indicates that caution is warranted.
Given the significant downward price action and the current market sentiment reflected in the moving averages and RSI, a Hold rating is advised. Investors should monitor for signs of stabilization or a bullish reversal, particularly if the price can sustain above the 55 SMA, which could signal a more favorable entry point.
Trading volume stands at 52,492,348, accounting for 18.82% of the market cap, signaling moderate interest among traders. However, the downward pressure is evident as the asset has experienced a 7-day price change of -6.58%, a 14-day drop of -13.30%, and a significant 30-day decrease of -24.15%, indicating a bearish trend in the short to medium term.
Technical indicators reveal that short-term moving averages (8 SMA and 13 SMA) are all below the current price, suggesting a bearish sentiment. The 55 SMA, however, shows a modest gain of 3.24%, potentially indicating a longer-term support level around $0.5538, while the 144 SMA is only marginally positive at 0.32%.
The Relative Strength Index (RSI) readings for both the 1-hour and 7-day periods are at 44, suggesting that EIGEN is approaching oversold conditions. This could imply a potential price rebound if buying interest develops, but the lack of momentum indicates that caution is warranted.
Given the significant downward price action and the current market sentiment reflected in the moving averages and RSI, a Hold rating is advised. Investors should monitor for signs of stabilization or a bullish reversal, particularly if the price can sustain above the 55 SMA, which could signal a more favorable entry point.
Updated 36 minutes ago.
EigenCloud (prev. EigenLayer) Relative Price at Market Cap of:
EigenCloud (prev. EigenLayer) TradingView Chart
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