Maker ($MKR) Can it Maintain it Growth Trajectory.
Maker exhibits a continuing upward trend, moving fluidly with occasional technical corrections and brief pullbacks. Currently, Maker is nearing the resistance zone between $1,568 and $1,637, coinciding with the asset's yearly high.
The primary objective for MKR now is to maintain its growth trajectory. Should buyers manage to break through the aforementioned resistance range expeditiously, MKR could potentially reach and stabilize around the $1,700 and $1,750 marks. This would likely be followed by a period of further temporary consolidation.
The MKR price movement is still closely linked with the BTC performance. Therefore, any downward shift in BTC's chart could similarly impact Maker. In such a scenario, MKR may test its support zone at $1,370-$1,435 and could even drop back into the buying range of $1,212-$1,272.
In the event of a deeper correction, MKR might be driven to test the buyer level around $1,130.
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