Maker has formed a triangular pattern in daily chart. As we can see in the chart it formed a W pattern at the support level and now it is taking resistance near the trendline so any move above the trendline can be a buying opportunity.
Here we have a coin that is still holding above the 200 day EMA though it had a few day dip below. The EMA trend is horizontal and the current price trend is down, and the volume and strength are slowing but we have a decent channel possibly forming. The candles show a possible reversal happening but this downtrend could continue a few days, but if the channel...
The current price of MKR is situated at a critical demand zone which lies between $2910 to $3105. Its time MKR heads towards ab bullish reversal as evidenced by the bullish divergence signal given by the RSI. An entry position now will be rewarded with gains worth 26% in the near term *provided BTC doesnt shit the bed*
Maker performed a positive momentum on Friday’s trading session
Maker coin price is $2369.33, which is up by 35.59% in the last 24-hour time-frame and 71.79% up from the previous week
MKR/BTC pair is positive with a gain of 10.58% in Friday’s trading session (0.062728)
Maker performed a positive momentum on Wednesday’s trading session
Maker coin price is $1692.59, which is up by 6.91% in the last 24-hour time-frame and 21.13% up from the previous week
MKR/BTC pair is negative with a loss of 2.44% in Wednesday’s trading session (0.046745)