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.
Key stats
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
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 - going back up nicely 10x incoming IH&S targetBullish case
- published previously at the low
- a sensible time to get in
- over 200 EMA
- IH&S targets
- Crypto bull case reasserting
- Strong support on bottom ascending trend line
Not advice just for educational purposes
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MKRUSD Price Prediction: Strong Support at $2000 for 11X ReturnMKRUSD is currently showing a strong support level at $2000. This level presents a high possibility for a substantial gain. Should this support hold, we could see a robust upward movement in MKRUSD. However, if the $2000 support breaks, the next key support level lies at $1959. At this point, there
MKRUSDSWING LONG POSITION
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One stop loss
PRICE LOOKS TO BREAK UP!
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Descending Channel in MKRUSDA descending channel (parallel continuation pattern) is observed in MKRUSD pair in hourly timeframe. A series of LHs and LLs is forming and the bearish trend is expected to continue forming new LHs and LLs. Further, no divergence is observed making it a good point to take short positions.
D'yer Maker- TranscendentalThis Thing is going vertical!
Watch for the break. Then, Likely Pullback back down to the Channel top, before heading Higher
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