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Makerdao

6 Years and zero % market growth...Let's say Makerdao disapoints me a little. After 6 years the market cap didn't growth at all, bouncing the 2018 levels like for ever. Each person that owned some MKR during the last bullrun took an instant exit., Like most people knew that market wasn't going anywhere. I mean look at this sh*t... I have coins released last year and doing a 1000 times better already then makerdao in 6 years time........ Let's not deny it, Makerdao has some problems. It's concerning. This chart levels in the fastest growing industry in the world doens't match a bit! The projects with strong fundations are easy to pick out today, every project in plus with +500%, +1000% sinds the crash are the strongest. If you compaire those against something like this, a lot if things starts to make more sense that for sure... I really wonder what kind of people are involved in that makerdao protocol. Manipulating basterds!
COINBASE:MKRUSD
by UnknownUnicorn27344900
MKR pushing higherNot sure if the news of owner of MakerDAO selling LDO to buy MKR played a role in this pump but MKR is pumping over a resistance zone (former resistance now that has been passed) and from my point of view, if the daily will close in this way, there are two possible zone where this can stop: that local high and the OB up there. I chose to take in account the overlapping of those two OB. Off course my reasoning makes sense ifBTC doesn't dump tomorrow. It's currently in a very tight range so anything can happen but I'd expect some green before going lower. On 1h chart the push upward seems consolidated so at least price will take that high. Once we see a reversal pattern we can look to open a short position (I'll post updates). I wouldn't long now but once the local high is taken if the signs are good we can take the long. Good luck
Long
by Shotokhan
Makerdao keeps dropping in dominanceMakerdao it's dominance is basicly notting anymore compared with what it used to be... Where is the limit on this tikker? After al these years, I personal never expected to go this low again. But good other defi's are taking the first place of dominace instead obvious, will it ever be able to keep up with the new generation defi? Time will prove, but it doens't look well from this point for Makerdao. If the competition wants to shift, this would be the right moment.
CRYPTOCAP:MKR.D
by UnknownUnicorn27344900
MKR/USDT(1D, 1W) Maker is Breaking long term downtrend line!Hello Traders and "longterm" investors in crypto :D:D, This chart indicates potential bottom of MakerDAO project. Breaking the longterm downtrend line and possible finished wave C could be nice and clear signal for market to rebound. After breaking the line we could wait for confirmation of line as a support. Also price action of Bitcoin is interesting which is forming similar "ending diagonal" like pattern. Could this be alredy bottom ? Chances are something like 60/40, and crypto market is highly dependant on Stock market (especially state of risky growth stocks). But after the moment when investors start to buy this growth stocks. RIght after they will deploy some money into crpyto where correction was above -90%. :) Consider your risk and do your own research for each specificic Cryptocurrency. This is pure speculation. Bear market can last entire year 2023 if central banks decide to do so (via interest rates and QT). Take care and trade safe.
Long
by LongevityContrarian
2
Makerdao - Prepaire for 2023-2024 Next year will be with no doubt better for Makerdao. Load your bags, beaceause soon this prices will be history for ever! Makerdao is a healty protocol, it has already great collaberations with partners and comany's. Makerdao is ment to be epic we all know it... My average price prediction for 2023-2024 is between 3500- 2500 dollars. 2024 - 2025 will be nuts no hair on my head thinks otherwise. There for this prices is a gift, use it! Source pitcure: Mastropietro, B. (2021, 14 juni). History of MakerDAO project. BrightNode. brightnode.io
Long
by UnknownUnicorn27344900
MKR/USDT : on buying areaMKR Mid-term (daily chart basis) 1 to 6 weeks Scenario : We expect a tentative of bullish exit from the current bearish trend as long as MKR remains 800 and 1020 in setback. An intermediate resistance area at 1470/1740 is acting as taking profit level on the short-term while 3580 is the standard target for the coming weeks/months Key Elements: The long-term trend analysis show potential towards 3580 as long as 430 strategic support remains valid The mid-term element as Mobile average and RSI are confirmed bullish signal MKR is outperforming ETH & BTC on a mid-term basis which allow us to keep this coin in portfolio Trade Idea : Buy Target 2 : 3580 (+266% from 1120) Target 1 : 1730 (+80% from 1120) Entry area 980 (in setback) Stop 800 (Daily close)
Long
by JeanJean1983
2
Crucial support for Makerdao!This support is crucial for Makerdao to continue the uptrent. This 750$ price goes whole the way back to 2018, it did not hold it there & leadet to a multi year bearmarket. If it breaks this year below 700$ another multi year bearmarket is guaranteed. They anyway nailed Makerdao to the ground from 6k, no words to discribe how insane this is. Project like YFII are even higher valued, i mean this is Makerdao we are talking here about. In what world a shitcoin like YFII could be higher valued in 2022 then Makerdao?? Anyway, Makerdao complete hammered down from 6k to 700$ INSANE! We must keep support, if not the floor is the limit!
COINBASE:MKRUSD
by UnknownUnicorn27344900
7
Marker breaking out? I know that title might sound a bit weird considering what we have just seen on the crypto boards in the last several days, but take a look at MKRUSD traders. We have a lower break rejection with short-term support. After this point was reinforced yesterday, we saw a 10% rally to close out Thursday. Today’s picture continues to look good, with a dominant trend break off today’s 28% gain (at this point). If buyers can hold the majority of today’s gains and set up a new higher low after the next retrace, this could be the start of a new short-term trend higher. TradingView community, what are your thoughts?
EIGHTCAP:MKRUSDLong
by Eightcap