Maker Cryptocurrency (MKR) needs volume to flay high

This means that when the market starts going uptrend I think will be the black horse of the race track, volume will make the difference.

Let's view its performance as the highest historical price of $ 6348.00 was in May 2021 & its low price at $ 502.00 in January 2023.

(MKR) is trading at the moment in a neutral direction 

At the area of $ 721.00 >> (means around support area) >> (very risky) not advisable for beginners

 which still continues in the correction area so the chance depending on the trading volume orders to hit higher again or fall down to another support area.

So let’s update the support & resistance areas that we will mention below & never hesitate to place a stop loss, as breaking these areas leads to other down areas

As we know each uptrend is followed by a downtrend & vice versa.

As Shown

The Chart Below

Support & Resistance:

Support: $ 614.00 - $ 502.00

Resistance: $ 819.00 - $ 1170.00

Finally, remember to Trade wisely as we advise buyers & traders to follow the nearest support areas,  

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.