MKR/USDT’s soaring potential: A buying opportunity at hand

2023-9-23 14:27

MRK/USDT trading strategy Buy/sell asset: Buy MKR/USDT Entry price: 1255 Stop loss: 1216 Leverage: 3x Take profit 1: 1295 Take profit 2: 1360 Take profit 3: 1440 Timeframe: 1-2 weeks Maximum profit: 44.2% Maximum loss: 9.33% MKR/USDT chart and technical analysis

Maker tether is recovering from a months-long bearish trend and the market structure is turning bullish after the price made consecutive higher highs.

Recently price retested the major daily supply area of $136,5 and currently, it is making a downward correction and preparing to jump to a new high. I am expecting that new high to be around $144,0.

Price will possibly retrace to the 1216 support level and the 0.618 Fibonacci level before heading for its new target.

MKR fundamental analysis

There are market speculations that two whales have invested millions into Maker which is pushing the price higher. The rally is mainly driven by the significant accumulation of Maker by the Crypto whales.

Besides this, there is no major news event that could cause substantial volatility in the market.

Maker to Tether trade idea takeaways The KRK/USDT will potentially continue its rally as both technical and fundamental analysis seems very optimistic. Both the stoploss and entry prices have been placed at secure levels and multiple take-profit levels have been identified to secure the profit along the way. This trade idea is valid for 1-2 weeks, after that, it will no longer remain valid. Good luck!

The post MKR/USDT’s soaring potential: A buying opportunity at hand appeared first on Invezz.

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Maker (MKR) на Currencies.ru

$ 0 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 0.00 %

Cегодня L: $0 - H: $3772.91

Капитализация $0 Rank 99999

Цена в час новости $ 1277.49 (-100%)

mkr price usdt major daily supply higher

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Источник: invezz.com

mkr price → Результатов: 126

As MakerDAO grows, will MKR’s price finally cross $3K?

MakerDAO's market cap and revenue grew significantly over the past year. Price of MKR surged, despite declining network growth. Despite the uncertainty the crypto markets have faced over theThe post As MakerDAO grows, will MKR’s price finally cross $3K? appeared first on AMBCrypto.

2024-5-3 02:00	News
mkr price makerdao despite cross finally grows

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Maker (MKR) Price Rallies to New Yearly High – Here’s Why $2,000 Could Be Next

The MKR price can accelerate its rate of increase if it closes above $1,600. The post Maker (MKR) Price Rallies to New Yearly High – Here’s Why $2,000 Could Be Next appeared first on BeInCrypto.

2023-10-24 13:14	Altcoin Trading
mkr price maker could new rallies high

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Maker (MKR) Outperforms Top Coins With 12% Increase A Day, Will It Test $1100?

The past few days have favored altcoins with incredible gains. Among the soaring coins is MakerDAO’s governance token Maker (MKR). MKR witnessed impressive price performance in the last seven days, outpacing top cryptocurrencies with over a 48% price increase on the weekly top gainers’ chart.

2023-7-4 18:00
mkr price maker days increase coins seven

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Maker Posts Emergency Proposal After 58% Drop in MKR Price

Thursday’s flash crash wreaked havoc on Maker Protocol as the price of MKR dipped 58% in one day. After several borrowers were completely liquidated, emergency changes to the protocol’s risk...The post Maker Posts Emergency Proposal After 58% Drop in MKR Price appeared first on Crypto Briefing.

2020-3-13 12:52	DeFi
mkr price maker emergency posts drop protocol

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MAKER Price Prediction: Long-term (MKR) Value Forecast – July 14

MKR/USD trade operations still feature in a range despite a rise and a fall in its price moves. The two market movers may continue pushing the market until the next sessions as long as price lines at $800 and $600 remain unbroken either ways of the direction.

2019-7-14 07:14
mkr price usd market long-term remain lines

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Maker Price Prediction Today: Daily (MKR) Value Forecast – July 11

On the upside, if the bulls break the $780 overhead resistance, the crypto’s price will rise to reach the previous highs. The MR/USDK pair is trading below the $780 overhead resistance. MKR /USD Medium-term Trend: Ranging Resistance Levels: $700, $720, $740 Support Levels: $680, $660, $640 The MKR/USD pair is trading below the $780 overhead […]

2019-7-12 17:11
mkr resistance overhead 780 usd below pair

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MAKER Price Prediction Today: Daily (MKR) Value Forecast – July 10

MKR/USD market appears not being in a hurry to lose out in strength may only possibly go down to test a low mark around the $700 price territory. If a at $680 of the crypto-market is forcefully broken down, that could spell a free-fall afterward.

2019-7-10 12:44
mkr usd down price forcefully crypto-market broken

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MAKER Price Prediction: Long-term (MKR) Value Forecast – July 7

MKR/USD trade remains to push around price ranges of $800 and $600. Subsequent buying pressure in the MKR/USD market may not surpass $800 mark. MKR/USD Long-term Trend – Ranging Distribution territories: $900, $1000, $1100 Accumulation territories: $500, $400, $300 The market line of MKR/USD has remained to push around price ranges of $800 and $600 […]

2019-7-7 06:35
mkr usd price around territories market push

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Maker Price Prediction Today: Daily (MKR) Value Forecast – July 4

The MKR/USD pair was trading below the $760 overhead resistance. On the upside, if the bulls break the $760 overhead resistance, the crypto’s price will rise to reach the previous highs. MKR /USD Medium-term Trend: Ranging Resistance Levels: $700, $720, $740 Support Levels: $680, $660, $640 Yesterday, July 3, the price of Maker was in […]

2019-7-5 07:30
mkr resistance price levels usd 760 overhead

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MAKER Price Prediction Today: Daily (MKR) Value Forecast – July 3

MKR/USD market's worth may drop down most of the times below the $700 upper range spot. The MKR/USD trade may retest a low mark at $560. MKR/USD Medium-term Trend: Ranging Distribution territories: $800, $850, $900 Accumulation territories: $500, $450, $400 There has been a record of falls and rises in the market valuation of MAKER […]

2019-7-3 17:25
mkr usd market territories maker may 500

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MAKER Price Prediction: Long-term (MKR) Value Forecast – June 30

MKR/USD trade's range moving-outlook from June 23 until the present showcases a chain of smaller shorts than smaller longs in the market. The $800 upper range mark of the market now appears like the peak point that the bulls may find not easy to spring past in a near trading session of the MKR/USD market. […]

2019-6-30 08:08
mkr market usd range smaller june bulls

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Maker Price Prediction Today: Daily (MKR) Value Forecast – June 27

On June 26, the bulls tested the $800 price level and the price fell below the EMAs. MKR/USD pair was trading below the $778 overhead resistance. MKR /USD Medium-term Trend: Ranging Resistance Levels: $700, $720, $740 Support Levels: $680, $660, $640 Yesterday, June 26, the price of Maker was in a sideways trend. The MKR/USD […]

2019-6-28 08:03
price mkr june usd levels below resistance

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MAKER Price Prediction Today: Daily (MKR) Value Forecast – June 26

MKR/USD market has been trading around variant price points in a range. The bears may eventually prevail over the bulls in the current ranging market outlook. MKR/USD Medium-term Trend: Ranging Distribution territories: $850, $900, $950 Accumulation territories: $600, $550, $500 The MKR/USD market territories depicted around $800, $750 and $700 marks, have been invaded by […]

2019-6-26 12:15
mkr market usd territories price ranging around

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MAKER Price Prediction Today: Daily (MKR) Value Forecast – June 19

MKR/USD market still keeps the previous range zones until the present. Traders may wait for strong price action to take place before considering joining the MKR/USD trade. MKR/USD Medium-term Trend: Ranging Distribution territories: $800, $840, $860 Accumulation territories: $640, $600, $580 The market’s trading stance of Maker as paired with the US dollar has concurrently […]

2019-6-19 12:32
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MAKER Price Prediction Today: Daily (MKR) Value Forecast –June 17

The bulls are in control of the short and medium-term outlook. Responsible buying at the key area is recommended. MKR/USD Medium-term Trend: Bullish Supply zones: $800. 00, $850. 00, $900. 00 Demand zones: $300.

2019-6-17 20:16
medium-term outlook trend zones bullish mkr 250

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MAKERs Price Prediction: Long-term (MKR) Value Forecast – June 16

MKR/USD market still possesses the features of keeping its range price movements till the next trading sessions in the week. The bulls are seemingly getting weak in the market, and a bullish trap could come up if the market moves weakly above $800 horizontal line afterward.

2019-6-16 10:24
mkr market usd long-term price moves weakly

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Maker Price Prediction Today: Daily (MKR) Value Forecast – June 13

From the price action, the MKR market reached a peak price of $778 overhead resistance. On the upside, if the price is sustained above the EMAs, the crypto will rise to reach the highs of $820 and $850 price level.

2019-6-14 23:24
price mkr resistance levels usd level 850

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MAKER Price Prediction Today: Daily (MKR) Value Forecast – June 12

Both the two major market movers in the MKR/USD market have come under a weak driving force. Traders may have to let the present trade formation of the MKR/USD market regain its definite active driving force before considering joining the market again.

2019-6-12 12:03
mkr market usd force driving territories considering

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MAKER Price Prediction Today: Daily (MKR) Value Forecast – June 10

The bears are in control of the short and medium-term outlook. Trader may consider selling after retest of the broken trendline. MKR/USD Medium-term Trend: Bearish Supply zones: $800. 00, $850. 00, $900.

2019-6-10 10:53
medium-term outlook demand mkr zones supply 200

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MKR Price Prediction: Long-term (MKR) Value Forecast – June 9

The MKR/USD market still basically trades within a range. Presently, the bulls may only push the market line into another upper range zone if $800 mark is faintly traded against in the long run. MKR/USD Long-term Trend – Ranging Distribution territories: $900, $1000, $1100 Accumulation territories: $500, $400, $300 There have been basically main ups […]

2019-6-9 11:17
mkr usd market territories basically range long-term

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MKR Price Prediction Today: Daily (MKR) Value Forecast – June 5

MKR/USD still moves in a range format until now. As at this point in time, traders need to be wary of shorting their positions further in the MKR/USD market. MKR/USD Medium-term Trend: Ranging Distribution territories: $800, $900, $1000 Accumulation territories: $500, $400, $300 Maker price worth has been trading choppily against the market stance of […]

2019-6-5 12:41
mkr usd market territories price 900 1000

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MAKER Price Prediction Today: Daily (MKR) Value Forecast – June 3

The short and medium-term outlook is in the bearish trend. Traders may consider selling with bearish candlestick formation as confirmation. MKR/USD Medium-term Trend: Bearish Supply zones: $800. 00, $850.

2019-6-3 13:14
bearish medium-term trend may mkr outlook zones

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Maker Price Prediction: Long-term (MKR) Value Forecast – June 2

MKR/USD has now been trading in a range above its SMA indicators. The bears may take over the market control while price cannot push past the $800 upper range spot. MKR/USD Long-term Trend – Ranging Distribution territories: $900, $1,000, $1,100 Accumulation territories: $500, $400, $300 Maker market has been trading in a range against the […]

2019-6-2 11:17	Coins
mkr range trading long-term territories maker price

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Maker (MKR) Not Making It: Interest Rates Rise, Price Tanks

The Maker DAO is showing signs of weakness, with the DAI losing its stability this March, before significant hikes in fees.

2019-5-10 12:38	News
maker losing dai stability fees hikes significant

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Bitcoin (BTC) Bubble Index Down 60% from 2018 Peak But Maker (MKR) Leads with Highest Returns

While Bitcoin price is down about 80 percent from its 2017 peak at $20,000, the BTC bubble index has taken a hit as well. The Bubble index of LongHash which is a data journalism platform is based on Bitcoin market capitalization, active addresses on the Bitcoin blockchain, and Metcalfe’s Law. Source: LongHash During this week […]

2019-3-4 23:25	News
bitcoin index bubble peak longhash btc down

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Maker Price Surpasses $750 Following Strong Gains

With all of the crypto markets remaining very bullish this weekend, it quickly becomes apparent good things are bound to happen. While Bitcoin is on most people’s mind right now, it appears the Maker price is also worth paying attention to.

2019-2-24 15:59	токен
price maker gains 750 surpasses following solid

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Maker Liquidity Dries Up After Oasis DEX Closes

Maker (MKR) tokens experienced a price spike at the beginning of the week, as trading fell throughout the DAI ecosystem. The sharp movement follows the closure of the popular OasisDEX last week.

2019-2-5 19:34	Maker
maker tokens closes dex week liquidity oasis

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Crypto Price Watch: Waves (WAVES) and Maker (MKR) Continue to Showcase Strong Market Support

At press time, around 85% of the world’s top-30 altcoins lay in the red zone, with premier assets such as Bitcoin Cash (BCH), Stellar (XLM), Bitcoin SV showcasing losses of around 10%, 5% and 6% respectively (over the course of the past 24 hours).

2018-12-14 11:20	XLM
waves crypto such price bitcoin support around

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Maker (MKR) Price Up over 25% – Biggest Gainer Today

If you haven’t heard of Maker, it is a token that is part of a stablecoin system composed of both MKR and DAI. Unlike Tether and other stablecoins, Maker does not rely on banks to provide stability, but instead relies on Collateral Debt Positions (CDPs).

2018-10-9 03:13
maker mkr today price gainer biggest collateral

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Maker (MKR) Price Booms as Stablecoins Trend Accelerates

MKR is having a bull run of its own as the related DAI stablecoin increased its supply in the past week.

2018-10-8 17:11	News
mkr dai related own stablecoin supply week

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Maker Price: 14% Jump Makes MKR the Second-Most Valuable Crypto Asset

Even though a lot of other cryptocurrencies are seemingly stuck in sideways trading momentum, Maker offers some interesting options for speculators and traders. This often-overlooked altcoin has noted a very strong increase in value over the past few days, and its market cap is on track to hit $500m n the coming days.

2018-10-6 12:57	токен
maker crypto asset valuable days jump price

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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem

Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.

2018-10-3 19:05	Digital assets
tether stablecoin coins model stablecoins dai these

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Maker Price Analysis - The Dai DAO

MKR and its DAI comprise a complex stable coin system which brings transparency, auditability, stability mechanisms, fallback procedures, and scalability to the stable coin universe. Despite several sharp drops in ETH since January, DAI has been remarkably stable throughout the tumultuous volatility.

2018-8-28 03:00
dai stable coin drops sharp several universe

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What Are MKR and DAI? Introduction to Maker

One of the biggest obstacles to crypto’s mainstream acceptance as currency is the volatile pricing. Bitcoin, for example, ranged in price from $6,000 to $17,000 in 2018 alone. Nobody wants to spend 10,000 seemingly worthless crypto tokens on a couple of pizzas one day, only to see the price jump to a value of over […] The post What Are MKR and DAI? Introduction to Maker appeared first on Crypto Briefing.

2018-7-12 19:25	StableCoin
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