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MKR

🆓Maker (MKR) July-5 #MKR $MKRMKR is having a good support at the $2600 zone and is heading towards the $3600 and $4800 zones. If it loses the $2600 zone, it will fall back to the $2200 zone, which is a reliable support 📈BUY 🔴Buy : 2550-2650$. SL if B 📉SELL 🔴Sell : 3500-3700$. SL if A 🔴Sell : 4700-4900$. SL if A ♻️BACK-UP 🔵Sell : 2550-2650$ if B. SL if A 🔵Buy : 2150-2250$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
🆓Maker (MKR) May-25 #MKR $MKRMKR is pumping very strong with high volume but it has just been rejected from the 4300$ zone and it could come back to 3200$ zone again. There are 2 scenarios : Lose 3200$ zone to drop to 1600$ zone or Conquer 4300$ zone and move up to 6300$ zone 📈BUY -Buy: 3100-3300$ if A. SL if B -Buy: 4200-4400$ if A. SL if B 📉SELL -Sell: 4200-4400$. SL if A -Sell: 6100-6400$. SL if A ♻️BACK-UP -Sell: 3100-3300$ if B. SL if A -Buy: 1550-1650$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
MAKER time!Hi there, Maker made it! targets 3550-3600-3650-3700 and if you thinkin what is Maker at all Maker is a smart contract lending platform that enables users to take out loans by locking-in collateral in exchange for Dai. It was founded by the Maker Foundation in 2015 as an open-source project to offer economic freedom and opportunities to anyone, anywhere. In 2017, it launched the Maker governance token (MKR) and its first stablecoin iteration known as the Single Collateral Dai (SAI), which used Ether (ETH) as collateral. always take profit Dont panic C ya
Long
by amirsediq
3
MKR/USDT BITTREX ANALYSISVery basic TA here, examining the Maker/Tether pair on Bittrex, we have local support at $4583 and local resistance at $5080 so now we will wait for confirmation to the downside or the upside. If it breaks the top trendline we can shoot for around $6k but if 4HR candle close below support we can expect townfall to $4331 and then $3714. We do not enter here, we sit and wait and see what happens Support: $4583/$4331/$3754 Resistance: $5080/$5210/$6000 Now we wait for confirmations
by jcrozb
MKR/USD LONG TO $10,000 (MakerDAO)MakerDAO, Lightning Labs are in World Economic Forum's list of tech pioneers for 2020 Maker is an ERC20 token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to manage another Ethereum token, the DAI stablecoin, that seeks to trade on exchanges at a value of exactly US$1.00. One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase.Centrifuge has teamed with Paperchain and ConsolFreight to tokenize music streaming royalties and trade invoices, respectively. The vote, which concluded today, paves the way for these tokens to be used as collateral for minting Dai stablecoins. Paperchain and ConsolFreight’s tokens would be the first collateral type that isn’t crypto-native. Currently MakerDAO accepts ETH, Basic Attention Tokens, Wrapped Bitcoin and USDC as collateral for Dai loans. The new vote also signaled community support for 0x’s ZRX token, Decentraland’s MANA token, tBTC and Uniswap’s Dai Liquidity Token. Centrifuge and its partners will now get to work figuring which oracles to use, developing risk models and reviewing smart contract security, Centrifuge CEO Lucas Vogelsang told The Block in an email. He estimated that these steps will take somewhere between a few weeks and a couple of months.Once that work is done, a second, binding vote will be held to determine whether to add the new code to the smart contract on the Ethereum blockchain.Starting today, Coinbase supports Maker ( MKR ) and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store MKR . MKR will be available in all Coinbase- supported regions, with the exception of New York State.A total of six blockchain startups have made it to the World Economic Forum’s (WEF’s) list of technology pioneers for 2020.WEF’s global innovators community and strategic intelligence ecosystem to help industry leaders with fresh perspectives. decentralized organization MakerDAO, bitcoin Lightning Network’s infrastructure developer Lightning Labs, blockchain analytics firms Elliptic, decentralized oracle network Chainlink, blockchain-based financial services firm Ripio, and blockchain-enabled environmental tech startup Veridium Labs. The WEF’s 2020 list includes a total of 100 firms from around the world that are pioneering new technologies and innovations, from artificial intelligence and machine learning to the internet of things ( IoT ) and robotics. The WEF has been recognizing a limited number of tech pioneers every year Who your early token holders are matters a lot In the mad rush to raise funds via an ICO in the past year, most projects completely ignored the importance of who the token holders are in the early days. Especially in the case of governance tokens that give token holders the right to vote on critical changes to a network on chain, as a founding team you want your token holders to be well-informed contributors rather than speculators looking to make a quick profit without contributing. Even if your token is not a governance token, sophisticated contributors are generally better community members than pure speculators; leading a community of speculators can be distracting at best and devastating at worst.MakerDAO, the organization behind the dollar-pegged stablecoin known as DAI, is in the process of voting on whether to further diversify the collateral it accepts for loans beyond cryptocurrency and tokens to include real-world assets (RWAs). Specifically, Maker would also allow supply chain invoices and musicians’ future royalty streams as security when it lends out DAI. These assets would be represented on the Ethereum blockchain by non-fungible tokens (NFTs), the innovation that spawned CryptoKitties. Small businesses and artists could take the borrowed DAI, which usually trades 1-for-1 with the U.S. dollar, to crypto exchanges like Coinbase and convert it to cash. If approved, the proposals would pave the way for the first application of DeFi to solving a tangible business problem outside the rarefied realm of crypto. The current crisis, like the 2008 financial meltdown, has seen big firms apply the brakes across supply chains, to the point where innovative ways of freeing up working capital for suppliers awaiting payment could be a lifesaver. “The average crypto user that bought bitcoin when it was a few hundred dollars and is using DeFi to trade and manage their wealth is a very different user from a business that is actually quite cash-strapped,” said Lucas Vogelsang, CEO of Centrifuge, a startup focused on bringing real world assets to DeFi. “These businesses are looking to DeFi as a way to get money quicker and get it on their own terms, without having to go to a bank,” said Vogelsang, whose firm has pilot-tested the financing of freight forward invoices with DeFi loans. “They don’t have crypto to get their DAI loans, so they need to be able to use their invoices or their inventory.”
BITFINEX:MKRUSDLong
by MavRich_Trading
MKRUSD :: Taking profit, consolidation likelyHave had a good run in Maker. I love this coin for its huge green candles! Taking some profit on 250%, will ape in on a big dip, might buy back a bit if it consolidates for a while near the bottom of the consolidation zone if it develops. Closed out a position quite a while ago after some big candles, it consolidated there and then started banging up again..wish I had just taken a bit of profit. This thing could really moon over the long term. Take profit on huge candles, but not too much cuz they often come back to back before dipping. One more bang up & profit taking then I'll be riding it free and just keep it in the bag. Put my profits in the ALGO bag. :)
COINBASE:MKRUSDLong
by lazytrade
6