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MKRUSDT

Expansion exposure -- Recap of MKRWe analyzed the fundamentals and technical aspects of Maker DAO in early April. Let's take a look at the changes after a month. Fundamentally, as the head protocol of RWA, MakerDAO is famous for its security. But after ONDO established cooperation with BlackRock fund BUIDL. MakerDAO chose to expand its $600 million DAI exposure to Ethena’s USDe and sUSDe. This may be due to the continued strength of ONDO. However, it is dangerous for an over-collateralized stablecoin to open up exposure to a centralized stablecoin (USDe is based on the funding rate arbitrage model to generate high returns and high risks. We will explain it in a subsequent analysis if we have the opportunity). After its implementation, multiple DeFi protocols that adopted DAI, such as AAVE, began to consider reducing the share of DAI to avoid risks. We represent ENA (Ethena’s token) with a yellow line in the figure. MakerDAO said on April 9 that it was expanding its exposure. The impact of this aggressive move on the price was obvious. After that, MKR continued to pull back and the bulls weakened. On the TSB indicator we can see that although the bar bounced back after touching the wavy zone multiple times, the bulls were encouraged. However, the TSB indicator prompted a SELL signal today, which shows that at the daily level, MKR's bullish trend is temporarily over. If you are long MKR based on the TSB indicator, you can first consider taking profits. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
📈💪 MKR Trade Opportunity! 💪📈📊 Analysis: Relative Strength: Maker (MKR) is exhibiting relative strength compared to BTC amidst market weakness. Reversal Signs: MKR has absorbed liquidity at $2,365 and is showing potential signs of a reversal. Entry: Consider entering the trade at $3,150. Profit Targets: Aim for profits at $3,650 or $4,000 levels. Risk Management: Set a stop-loss at $2,850 to manage potential downside risks. 📈 Trading Strategy: Entry: Initiate a long position at the specified entry price. Targets: Take profits at identified resistance levels. Risk Control: Implement the specified stop-loss to mitigate losses in case of adverse price movements. 🚨 Note: Monitor market conditions closely and adjust the strategy accordingly as the trade progresses! 📊🔍 #MKR #TradingOpportunity #CryptoAnalysis 🌟📈
Long
by Richtv_official
Real World Assets (RWA) : The Future of Finance or Hype !?The cryptocurrency market has evolved significantly over the past decade, moving beyond its initial focus on digital currencies to encompass a broader range of assets, including real-world assets (RWAs). RWAs represent tangible assets such as real estate, commodities, and financial instruments that are tokenized and traded on the blockchain. The integration of RWAs into the crypto ecosystem offers a multitude of benefits, including: Enhanced Access to Financial Markets: RWAs democratize access to traditional financial markets, enabling individuals and institutions to participate in asset classes that were previously inaccessible or illiquid. Increased Transparency and Efficiency: Blockchain technology provides a transparent and immutable record of asset ownership and transactions, reducing counterparty risk and improving operational efficiency. Fractional Ownership and Reduced Investment Barriers: Tokenization of RWAs allows for fractional ownership, lowering investment barriers and enabling broader participation in asset classes that were traditionally reserved for high-net-worth individuals. Diversification and Risk Mitigation: RWAs introduce diversification opportunities into crypto portfolios, potentially reducing overall portfolio risk and enhancing risk-adjusted returns. Top 5 RWA Coins with Promising Potential: LINK: Chainlink (LINK) is a decentralized oracle network that connects blockchains to real-world data and services. It plays a crucial role in bridging the gap between the crypto and traditional worlds, enabling the development of RWA-based applications. Technical Analysis: LINK's weekly chart exhibits a massive range consolidation pattern, suggesting a period of accumulation. A recent liquidity sweep below the range followed by a surge in price indicates a potential breakout. The current price action near the $12 support level could trigger another upward move. PENDLE: Pendle (PENDLE) is a decentralized finance (DeFi) protocol that enables users to create customized fixed-rate or yield-bearing tokens for any asset. It facilitates the creation of RWA-based derivatives, expanding the range of investment options available in the crypto space. Technical Analysis: PENDLE's daily chart showcases an ascending channel pattern with a recent breakout and retest of the upper trendline. This bullish pattern, combined with the coin's relatively new status in the market, suggests strong upside potential. A price target of $12 appears achievable. MKR: Maker (MKR) is the governance token of the MakerDAO decentralized stablecoin platform. It plays a central role in maintaining the stability of the DAI stablecoin, which is often used as a collateral for RWA-backed loans. Technical Analysis: MKR's daily chart displays a liquidity sweep below the 1800-1900 support range followed by a surge to $3400. The recent pullback and retest of the 0.5 daily imbalance level at $2500 presents an opportunity for a potential rally to $5000, aiming to fill the imbalance gap. SNX: Synthetix (SNX) is a DeFi protocol that enables the creation of synthetic assets, including those pegged to RWAs. It offers a decentralized alternative to traditional asset trading, expanding access to a wider range of assets. Technical Analysis: SNX's weekly chart exhibits a large triangle pattern, indicating a period of price consolidation and building tension. The recent breakout and retest of the trendline signal a bullish trend. A price target of $7 appears feasible if the trendline support holds. ONDO: Ondo Finance (ONDO) is a DeFi protocol that focuses on structured products and options trading. It utilizes real-world market data to create innovative financial instruments, enabling users to hedge against risks and speculate on market movements. Technical Analysis: ONDO's daily chart displays an ascending trend with consistent retests and positive momentum. The coin's ability to efficiently utilize liquidity is evident in its price action. Continued accumulation of liquidity could propel ONDO to new highs. Conclusion: Real-world assets (RWAs) are poised to revolutionize the cryptocurrency market, introducing new investment opportunities, enhancing financial inclusion, and bridging the gap between traditional and decentralized finance. The top 5 RWA coins discussed in this article – LINK, PENDLE, MKR, SNX, and ONDO – represent promising projects with the potential to shape the future of RWAs in the crypto ecosystem. As the adoption of RWAs continues to grow, these coins are well-positioned to capture significant value in the evolving financial landscape.
Long
by Yaroslav_Krasko
TSB Help You Become a Diamond Hand ---- MKRAfter talking about the RWA protocol GFI last week, GFI continues to perform strongly. It has gained more than 20% since the release of our analysis and remains bullish on the indicators. After BlackRock established the BUIDL fund, MakerDAO, one of the leading RWA protocols, also gained attention. The core business of Maker DAO is CDP, which is the creation of the US dollar-anchored token DAI. DAI is currently the most important stablecoin in DeFi activities, adopted in multiple protocols. In 2022, MakerDAO began its RWA business and tokenizing collateral in the form of real estate, invoices, and accounts receivable. Although compared to revenue-generating RWAs such as ONDO, the value capture capability of MakerDAO is weak. However, after experiencing the bear market and the bull market, MakerDAO's risk resistance is significantly higher than other RWA protocols. MKR, as the token of MakerDAO, has shown positive and stable performance recently. At the 4h level, we can see that MKR has risen with fluctuation since the TSB indicator prompted a BUY signal on March 9. After every time callback and hitting the wavy zone, the bulls always gain strength. As in most other cases, the TSB indicator captured almost all the profits of this round of gains, and can further expand profits. At the daily level, TSB has demonstrated strong capabilities. After the BUY signal was prompted on January 3, it continues to this day. Although during the fluctuation (yellow area), the power of the bears is not strong. But BTC at that time was refreshing ATH (yellow line). If you do not use the TSB indicator, it is very likely that you will be shaken and change positions for other tokens, missing out on greater profits in the future. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
MKR/USDT Potential will be back test on the demand or support!💎 MKR has recently encountered notable market dynamics, experiencing a significant rejection at a strong resistance area. 💎 There is potential for MKR to undergo a backtest on the demand area around $2530. If MKR shows positive signs in the demand zone, such as bullish candle rejections, it could bounce back upward and retest the strong resistance area. 💎 However, if MKR consolidates within the demand area with weak volume, there is a possibility of further downside movement, testing the support area around $2260. 💎 A bounce from the support area is necessary for MKR to continue its upward trajectory and establish a new leg up. However, if MKR breaks down below the support, it would be a bearish sign, potentially leading to a return to consolidation and a test of stronger support levels.
by MyCryptoParadise_Nathan
8
MKR/USDT - Maker: BBand Breakout Super-Trend◳◱ On the $MKR/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 2236 | 2379 | 2636 and support near 1979 | 1865 | 1608. Entering trades at 2363 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Maker ▣ Rank: 61 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Financial - Lending ▣ Overview: Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings. ◰◲ Technical Metrics : ▣ Mrkt Price: 2363 ₮ ▣ 24HVol: 31,135,876.879 ₮ ▣ 24H Chng: 13.17% ▣ 7-Days Chng: 10.28% ▣ 1-Month Chng: 21.81% ▣ 3-Months Chng: 66.66% ◲◰ Pivot Points - Levels : ◥ Resistance: 2236 | 2379 | 2636 ◢ Support: 1979 | 1865 | 1608 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 1.72 ▣ Last 90D: 2.68 ▣ Last 1-Y: 1.44 ▣ Last 3-Y: 0.43 ◲◰ Volatility : ▣ Last 30D: 0.40 ▣ Last 90D: 0.57 ▣ Last 1-Y: 0.70 ▣ Last 3-Y: 1.02 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.53 - Bullish ▣ Reddit sentiment score is 0.72 - Bullish ▣ In-depth MKRUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
MKR buy setupThe price structure is bullish. Now MKR is creating an important BOS. Can become very bullish with a fix on the previous SW H. If on the swap area Pullback is done, we can look for buy positions. Closing a daily candle below the invalidation level will invalidate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
MKR wit btc pair 360 % profithello dear traders ready for bull run ? maker dao breakout downtrend channel and now in bulish pattern About Maker What Is Maker (MKR)? Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin. Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar. MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself. The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum. good luck
Long
by mehdi_kb
MKR/USDT Primed for a Bullish Surge from Demand Zone? 👀🚀 MKR💎 Paradisers, attention is due as #MKR showcases a fascinating trend, nestled within a demand zone and gearing up for a potential bullish ascent. 💎 Recently,#MAKER managed to vault over the supply zone at $1612, and it's currently showing respect for the demand level at $1838. Should MKR maintain its drive at this crucial point, we're anticipating a robust climb, eyeing targets beyond the next significant supply zone. 💎 But, what if MKR doesn't hold its ground at $1838? For the astute traders among us, a bullish rebound from the lower demand level at $1612 becomes our next watchpoint. However, a dip below this marker could signal a substantial bearish turn.
Long
by MyCryptoParadise
1
MKR/USDT 4HInterval Chart ReviewI invite you to review the chart of MKR in pair with USDT, on a four-hour interval. Here, using the blue lines, we will identify a strong downtrend channel where the price is approaching the upper part. Additionally, inside the channel, yellow lines will indicate an additional local downward channel, in which the price is at the upper edge, but this may limit the increase. Now let's move on to defining the supports. And here, after unfolding the Fib Retracement grid, you can see how the price is maintained in the support zone from $1972 to $1924, then there is support at the price of $1862, but if we go lower, the next very strong support is around the price of $1684. Looking the other way, we can similarly determine the resistance areas that the price must face. And here you can see how the zone from $2012 to $2065 stops the upward movements, then when we go above it and from the falling channel, we have resistance at the level of $2150, and then at the current peak at the price of $2287. Looking at the RSI indicator, you can see how there is a fight to come out on top from the downtrend line. However, on the STOCH indicator, we are very close to the upper limit, which may translate into an upcoming price recovery.
by cryptodailyuk
MKR/USDT Facing a key resistance zone, Could Break or rejected?💎 MKR has recently witnessed significant developments in the market. It is currently facing a key resistance zone, and historical data indicates the strength of this area. 💎 To continue its upward trajectory, MKR would need to break out of this zone successfully, which could potentially lead to a significant upward movement, probability aiming to reach our target strong resistance area. 💎 However, if MKR fails to break through this key resistance zone once again, there is a possibility that the price could retreat to the support area around 1616 to establish new momentum. In a more bearish scenario, MKR could even drop down to the demand area near 1300. 💎 The demand area is crucial as it represents the last support for a bullish movement. Bouncing from this area and reclaiming the price above the support zone is essential for the potential continuation of MKR's upward movement. However, if MKR fails to do so, the price could continue its downward path, returning to the accumulation zone, and potentially hitting the bottom support of that zone.
by MyCryptoParadise
MKRUSDT # 001 ( 2ND cycle Bullish rally to 6500 $ ) Hello dear traders. Good days . First Weekly Gann Square finished and 2nd cycle of Gann Square is started . first Gann Arc resistance is broken and @ exact reversal Time zone , MKRUSDT get support from lower Gann Fan line to start 3rd Elliot wave and expected to hit 0.5 Gann box fib level ( 3565 $ ) . It can go test 0.618 Gan box Fib level around 4495 $ . In detail chart will update. Chart updated and route plotted with help of Gann Square and Gann Box. Good luck and safe trades. Thanks for your support and comments
Long
by SHAlavi