Analysis of the $EIGEN currency on the 4-hour frame.
#ChristmasMarketAnalysis
Looking at the attached image of the analysis of the $EIGEN currency on the 4-hour time frame, some key observations can be made based on the indicators shown:
1. Moving Averages (EMA):
The current price (3.618) is below the moving averages (EMA7, EMA25, EMA99), indicating that the general trend is bearish in the short and medium term.