Maker Cryptocurrency (MKR) starts the third month with an uptrend till this moment but you should know that it is still in the risky area because it needs an adequate trading volume to continue the targeted high prices.

As we mentioned before in the previous article (MKR) will be the black horse of the race track,& the trading volume will make the difference.

You can Read it >>> HERE >>> 20 Feb 2023

We hope to hit & exceed the other resistance area with good trading volume as we mentioned.

(MKR) is trading at the moment in a (snaky) uptrend direction 

At the area of $ 936.00

 >> (means around Resistance area) >> (very risky) not advisable for beginners.

which needs open expert eyes to handle successfully multiple times of live trading in order to not miss a piece of market cake (profits) & at the same time avoid the probability of falling down.

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

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 Shown

The Chart Below

 Prediction:

Target: to exceed the area of 1299.00 & hit $ 1705.00 with a volume.

Maker Cryptocurrency (MKR), if the price of $ 761.00 is broken, it may create lower levels

Support & Resistance:

Support: $ 761.00 - $ 614.00 - $ 502.00

Resistance: $ 1170.00 - $ 1299.00

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.