MKRUSD Price Prediction: Strong Support at $2000 for 11X Return
MKRUSD is currently showing a strong support level at $2000. This level presents a high possibility for a substantial gain. Should this support hold, we could see a robust upward movement in MKRUSD. However, if the $2000 support breaks, the next key support level lies at $1959. At this point, there is an 80% chance of a bounce, especially with the alt season approaching. It is important to note that the alt season is expected to conclude by November or December 2025, and we should plan to exit the market by then.
Looking at the historical data, the minimum target for MKR during this bull run should be $22588. If this resistance level is broken by February 2025, we could see MKRUSD reaching its maximum target of $23200. This is a significant milestone to watch as the alt season could extend until March or November in 2025. Exiting the market during this period is crucial to maximize gains and minimize risks.
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Looking at the historical data, the minimum target for MKR during this bull run should be $22588. If this resistance level is broken by February 2025, we could see MKRUSD reaching its maximum target of $23200. This is a significant milestone to watch as the alt season could extend until March or November in 2025. Exiting the market during this period is crucial to maximize gains and minimize risks.
For more detailed analysis and updates, make sure to follow us on TradingView. Stay tuned to leverage every opportunity and benefit from our expert insights.
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