EigenLayer (EIGEN) Consolidates Near $1.59 After Exchange Listing Rally
The post EigenLayer (EIGEN) Consolidates Near $1.59 After Exchange Listing Rally appeared on BitcoinEthereumNews.com.
Lawrence Jengar
Sep 14, 2025 13:39
EIGEN price trades at $1.59 with -2.58% daily decline following major Binance and Coinbase listings that drove significant momentum above key resistance levels.
Quick Take • EIGEN currently trading at $1.59 (-2.58% in 24h) • EigenLayer’s RSI at 60.40 suggests neutral momentum with potential for continuation • Major exchange listings on Binance and Coinbase created bullish catalyst driving price above $1.49 What’s Driving EigenLayer Price Today? EigenLayer has experienced a notable consolidation phase after its remarkable surge driven by major exchange listings. The EIGEN price climbed to $1.49 on September 8th, representing a 7.65% gain as market participants responded positively to increased accessibility through major trading platforms. The momentum began building on September 6th when Binance confirmed its EIGEN listing, triggering a 14% rally despite some intraday volatility. This listing announcement, combined with Coinbase’s addition of EigenLayer, has fundamentally improved the token’s liquidity profile and institutional accessibility. Today’s 2.58% pullback appears to be healthy profit-taking following the recent gains, with EIGEN price maintaining well above the key psychological level of $1.49 that marked the previous resistance zone. The 24-hour trading volume of $41,295,354 on Binance spot market indicates sustained interest despite the minor retracement. EIGEN Technical Analysis: Mixed Signals Emerge EigenLayer’s technical picture presents a compelling mix of bullish and neutral indicators. The EIGEN RSI currently sits at 60.40, positioning the token in neutral territory with room for upward movement before reaching overbought conditions. The MACD configuration shows particularly encouraging signs for EigenLayer technical analysis, with the main line at 0.0730 well above the signal line at 0.0323. The positive MACD histogram of 0.0407 confirms bullish momentum remains intact despite today’s minor decline. EigenLayer’s position relative to its Bollinger Bands reveals interesting dynamics. With EIGEN trading…
Filed under: News - @ September 14, 2025 8:25 pm