Despite the relatively high price, the Maker MKR token managed to double in price in a month.
It turns out that now the MakerDAO ecosystem, which is one of the first projects on the decentralized finance (DeFi) scene, is now the locomotive that should once again accelerate interest in DeFi.
At the moment, the MKRUSDT price is trying to gain a foothold above the important liquidity zone of $1050-1150. If it succeeds, it will only be a matter of time before it continues to grow to $1750-1850.
If the MKRUSD price follows the red scenario, then the price zone of $630-730 can be considered a reasonable one for medium and long-term investments in the Maker Protocol token.
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It turns out that now the MakerDAO ecosystem, which is one of the first projects on the decentralized finance (DeFi) scene, is now the locomotive that should once again accelerate interest in DeFi.
At the moment, the MKRUSDT price is trying to gain a foothold above the important liquidity zone of $1050-1150. If it succeeds, it will only be a matter of time before it continues to grow to $1750-1850.
If the MKRUSD price follows the red scenario, then the price zone of $630-730 can be considered a reasonable one for medium and long-term investments in the Maker Protocol token.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
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🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
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🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
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