Potentially a good time for LONG MKR/USDHello everyone, let's look at the 1W MKR to USD chart, in this situation we can see how the price created a lower low with the last drop, what is important is that now it goes up creating a new higher local high. What's more, we can see how the ema cross 50 and 200 approached each other, but the pri
Key stats
Testing Key Support at $1,200
The price recently had a strong rally but is now in a short-term downtrend after failing to sustain highs near $1,900.
The price is currently below the middle Bollinger Band (moving average), signaling bearish momentum.
A potential support zone is around $1,200, near the lower Bollinger Band.
W
$MKR Market Update📊 CRYPTOCAP:MKR Market Update
Welcome to today's analysis! Let’s take a look at CRYPTOCAP:MKR and its key price action.
🌐 Overview: CRYPTOCAP:MKR Testing Key Resistance
📈 CRYPTOCAP:MKR is currently testing the red resistance zone. A breakout above this level could push the price toward the
MKR - 68% profit coming up...maybe before March 1stMacro setting up for another bullish wave to retest $1830 for a 68%+ gain maybe as early as March 1st.
RSI a bit high near mid 50, MACD looking more bullish.
Top take profit for a 100% Fib correction would be at EUROTLX:4K for an estimated 280% return!
MKRUSD: Channel Down bullish wave starting.Maker has just turned neutral on its 1D technical outlook (RSI = 46.979, MACD = -66.220, ADX = 40.770) as it hit the bottom of the 1 year Channel Down and bounced. The 1D RSI shows that we are on a similar rebound as on the October 25th 2024 bottom but needs to be validated by a crossing above the 1
Lower Bollinger Band Signals Further Declines
The current trend shows consolidation after a prolonged bearish phase. The middle Bollinger Band could act as dynamic resistance or support, depending on the breakout direction.
Narrowing of the Bollinger Bands suggests lower volatility, often a precursor to a significant price move.
A break abo
MKRUSD (1W) - buy the dipHi traders,
Here it is my idea for a long position on MKRUSD (1 week time frame).
The price hit a local high in July 2024 and hit another high in November 2024, meanwhile the price hit the SMA (in November 2024) that acted as a resistance and the price bounced back and is currently experiencing the
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Displays a symbol's price movements over previous years to identify recurring trends.
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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.