EigenCloud (EIGEN) is currently trading at $1.17, reflecting a 24-hour change of -3.80%. The price has fluctuated between a high of $1.22 and a low of $1.14 during this period, indicating low volatility with a daily range of only 0.08%.

The trading volume stands at approximately 76.23 million, accounting for 20.87% of its market cap, suggesting a moderate level of interest from traders. Moving averages indicate bearish sentiment in the short term, with the 8 SMA at $1.17 showing a decline of 0.35%, while the 13 and 21 SMAs both indicate further declines of 1.64% and 1.83%, respectively.

The 55 SMA at $1.14 has shown a slight positive movement of 3.06%, while the 144 SMA at $1.12 reflects an even stronger upward trend of 4.40%. The 1-hour RSI is at 43, indicating that EIGEN is approaching oversold territory, while the 7-day RSI at 54 suggests a neutral trend over the past week.

In terms of price performance, EIGEN has gained approximately 8.64% over the past seven days, but the 14-day and 30-day changes of -1.78% and -24.14%, respectively, indicate significant downward pressure in the medium to long term. The all-time high of $5.65 reached in December 2024 further emphasizes the potential for recovery but also highlights the current disconnect from prior peaks.

Given the technical indicators showing bearish short-term momentum, alongside a neutral to slightly bullish medium-term RSI, a cautious approach is warranted. The recommendation is to Hold EIGEN at the current price of $1.17, as the market shows signs of potential stabilization but lacks sufficient bullish momentum for a Buy rating.