Maker Cryptocurrency (MKR) Analysis


(MKR) is trading at the moment in the area of $ 1370.00

Maker Cryptocurrency (MKR) has been moving in a downtrend.

Our technical indicators show the efforts that have shown some positive movement in the last days, with increases ranging. to get back to the rally for higher-level range jumping.

Overall, the average price of short-term prediction exceeds the range of $1,800.

The average price of long-term predictions reaches the area of over $5,000 as a first step only.

This also means >> (support area) >> (hazardous) is not advisable for beginners.

As experts' time trading now ( risky trade ),

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

 

 

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Prediction:

Target: to exceed the area of 1800.00 & fly over the area of $ 2450.00 with a volume.

Maker Cryptocurrency (MKR), if the price of $ 1150.00 is broken, it may reach lower levels

  

Support & Resistance:

Support: $ 1250.00 - $ 930.00 - $ 778.00

Resistance: $ 1495.00 - $ 1750.00 - $ 2425.00

 

 

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

 

Important:

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

 We analyze the past to predict the future.

 

 

 

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Ayman Crypto
Ayman Crypto

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

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