MKR About to break big hereLooking for a #3000 target soon for MKRUSD.
Damn good price to be accumulating
Key stats
About MKR
Maker (MKR)Maker chart is interesting and odd at the same time. A rapid ascent followed by a slower correction that reached the bottom, making a big triangle form. MKR broke both the major and minor downtrend lines, and it seems posed for an upward impulse wave. Let's see what happens.
MKR-USDT 1W chart long-termHello everyone, what is the situation on MKR in the USDT pair, looking at the one-week time frame. We can see how the price formed a triangle from which we got a bottom exit.
Let's start by setting goals for the near future, which include:
T1 = $1664
T2 = $1982
T3 = $2,503
AND
T4 = $3,3
MKR-USDT 1W chart long-termHello everyone, what is the situation on MKR in the USDT pair, looking at the one-week time frame. We can see how the price formed a triangle from which we got a bottom exit.
Let's start by setting goals for the near future, which include:
T1 = $1664
T2 = $1982
T3 = $2,503
AND
T4 = $3,3
Time to go long again Refer to my previous trade on this asset, linked below, which was traded to perfection. Time to go long again, keep stop loss under the weekly. Not financial advice!
Maker
The price has consistently made lower highs and lower lows, indicating sustained bearish momentum.
The bands are expanding, which indicates an increase in volatility.
There seems to be a 20-period moving average (middle line of the Bollinger Bands), which the price recently crossed below. This s
Target 1K before the BIG RUNMakerDAO has broken the $1,762 support level, as shown clearly on the chart—a strong confirmation of the trend. I predict it could drop to $1,000 before beginning a new rally towards higher levels in early 2025.
Maker
The price is approaching the lower Bollinger Band, indicating potential oversold conditions. This could suggest a possible bounce or a continued downtrend if it breaks further below the lower band.
Resistance: There is strong resistance near the $1,800-$1,900 region, where the price had multiple
MakerDao breakoutMaker’s DAO token looks ripe and ready, breaking out of the handle (cup and handle) and out of the value area high, into a new range. Good volume kicking in and a strong reaction off the golden pocket.
Not financial advice but it looks like it’s heading to $3000 very soon.
MAKERUSD to Reach Recent High/Make New HighAfter breaking recent Gann Method line (first Buy signal above yellow line), the coin came down back to the Gann Method line. It is a perfect example of how prior resistance becomes support. After breaking the resistance, it went up, and then pulled back to retest that resistance level but this time
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Frequently Asked Questions
The current price of MKR (MKR) is 1,531.52 USD — it has risen 0.63% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing MKR price chart.
The current market capitalization of MKR (MKR) is 1.35 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
MKR (MKR) trading volume in 24 hours is 126.55 M USD. See how often other coins are traded in this list.
MKR price has fallen by −0.93% over the last week, its month performance shows a 22.43% increase, and as for the last year, MKR has increased by 12.13%. See more dynamics on MKR price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
MKR (MKR) reached its highest price on Apr 4, 2024 — it amounted to 4,073.00 USD. Find more insights on the MKR price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
MKR (MKR) reached the lowest price of 0.85 USD on Oct 27, 2022. View more MKR dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of MKR (MKR) is 911.70 K USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
MKR has the limit of 1.01 M coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying MKR is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade MKR right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for MKR (MKR): today its technical analysis shows the buy signal, and according to the 1 week rating MKR shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in MKR trading ideas and keep track of what's moving crypto markets with our crypto news feed.
MKR (MKR) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, MKR is estimated as 5.29% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about MKR, you can find more inspiration in our curated watchlists.
You can discuss MKR (MKR) with other users in our public chats, Minds or in the comments to Ideas.