The cryptocurrency market continues to show volatility. This article examines key trends and levels for the cryptocurrencies APT, EIGEN, and W.
APT Trends
Since early February 2025, APT has been forming a descending channel that has persisted for about six months. Recently, the price broke below a small rising wedge and found support around $4.05. Currently, the bears hold a significant advantage, and the price is likely to continue its downtrend. The current price is around $4.23.
EIGEN Analysis
EIGEN recently broke below a head-and-shoulders pattern and has gradually formed a triangle pennant, suggesting that the price may continue its prior downtrend. The current price is approximately $1.13. Investors can observe entry levels between $1.16 and $1.20.
W Movement
The price action of W is similar to APT, having formed a descending channel since mid-March. Recently, it found support around $0.07. As of now, the price is $0.078, and investors may consider entering a short position at $0.08.
Cryptocurrencies APT, EIGEN, and W show signs of further decline, and investors should closely monitor support and resistance levels to determine optimal entry points.
