EIGEN Trends and Trading Highlights

Since its launch on October 1, EIGEN has increased by 18.86 times, ranking second on the popular gainers list.

After reaching a new high on Monday, it has retraced by 10%. The daily K-line KDJ and MACD indicators show a dead cross, indicating that the price may continue to decline.

The four-hour KDJ is trending downward and has not stabilized, and the MACD has had a dead cross for less than two days; a change in the trend requires news or trading volume.

Currently, Bitcoin and Ethereum are rising, while altcoins are weak, suggesting that EIGEN may drop again today.

In contract trading, the price level of 4.970 is acceptable.

Stop-loss and take-profit orders are public; investors should set their own actions.

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