MKR About to break big hereLooking for a #3000 target soon for MKRUSD.
Damn good price to be accumulating
Key stats
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
Maker (MKR) reached its highest price on May 3, 2021 — it amounted to 6,291.00 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.
Maker (MKR) reached the lowest price of 166.50 USD on Mar 16, 2020. View more Maker 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 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.
You can discuss Maker (MKR) with other users in our public chats, Minds or in the comments to Ideas.