- Maker coin price is currently seeing a strong upside momentum and can soon see a new high. It is currently looking to give a breakout above $3600
- Technical indicators of MKR price hints towards a strong upside momentum in price. In contrast, MKR/BTC pair has seen a gain of 32% in the past 24 hours
MKR coin price is currently seeing a strong upside momentum and can soon see a new high in the future. Maker price is currently trading near the value of $3269 and has seen a gain of more than 32% in the past 24 hours. The asset price has a very high ROI which has profited various institutional and retail investors. One can invest in MKR as per their needs and price action scenario.
MKR market dominance along with its market cap is observing a strong upside momentum and can soon see a new high. Maker price is down by more than 44% from its all-time high. The volume to market cap ratio of Maker suggests a strong upside momentum in the price for the future. One can forecast strong growth in MKR in the future
MKR Coin Price Is Ready To See A Major Breakout
The weekly technical chart of Maker Coin price hints towards a strong upside momentum in the price for the future. In contrast, on the daily chart, the token price is seeing a strong upside momentum. According to the Fibonacci level, the price might see an upside momentum till 1fib, which might push the price to a new high. MKR price might face hostility while moving upwards near $3800.Meanwhile, the support region for the coin can be seen near $2500
While diving into the daily chart MKR price can soon see a new high in the future. If the price jumps 5 to 10% above the current level then a strong momentum can be seen. MKR/BTC pair can also see a new high in the future
The volume indicator for the MKR coin is near 22K and can soon see a new high in the future. One might see a surge in buying volume in the future.
The coin price has seen a breakout above 50 and 100DMA .The 100 DMA is currently near $2926 and can soon see a new positive breakout.
CONCLUSION
MKR coin price is currently observing a strong upside momentum and can soon see a new high. MKR/BTC pair can also see a new high in future
Technical Levels
Resistance: $3600
Support: $2000