Index Investing News
Sunday, May 25, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Maker Price Prediction for Today, March 11 – MKR Technical Analysis

by Index Investing News
March 12, 2024
in Cryptocurrency
Reading Time: 5 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Join Our Telegram channel to stay up to date on breaking news coverage

The Maker price prediction shows that MKR faces the north as the 9-day moving heads to the upside suggesting additional gains.

Maker: Recent Performance and Historical Insights

In the past month, Maker experienced 18 out of 30 (60%) days of positive growth. Based on our analysis of historical data, investing in Maker has proven profitable. Over the last year, Maker’s price surged by an impressive 142.72%. However, over three years, its performance saw a slight decline of -8.97%.

Maker Market Price Statistic:

  • Maker price now: $2755.8
  • Maker market cap: $2.3 billion
  • Maker circulating supply: $923.5 thousand
  • Maker total supply: $977.6 thousand
  • Maker coin market ranking: #100

MKR/USD Market

Key Levels:

Resistance levels: $3000, $3200, $3400

Support levels: $2200, $2000, $1800

MKRUSD – Daily Chart

MKR/USD is currently trading around $2755.8 and once it manages to cross above the upper boundary of the channel, the next target could be located at $2800 which is the crucial level for the coin. However, a push from here could send the price straight above the upper boundary of the channel while the daily low could be spotted at the $2400 support level. Meanwhile, if the current level fails to hold strong, the Maker (MKR) could slide toward the lower boundary of the channel.

Maker Price Prediction: Would Maker Spike to the Upside?

The Maker price is now facing the uptrend as the coin remains above the 9-day and 21-day moving averages. Therefore, if the buyers can put more effort and push the market price above the upper boundary of the channel, MKR/USD could hit the resistance levels of $3000, $3200, and $3400 respectively.

On the contrary, a break toward the lower boundary of the channel may bring the coin toward the support levels of $2200, $2000, and $1800. Looking at the daily chart, Maker may continue to follow an upward trend as the 9-day MA crosses above the 21-day MA, suggesting that the coin could trade bullishly.

MKR/BTC Faces the Upside

Against Bitcoin, the Maker price is currently hovering above the 9-day and 21-day moving averages to hit the nearest resistance at 3969 SAT. Meanwhile, unless this resistance effectively holds and the price ends up closing above it, there might not be any reason to expect a long-term bullish reversal.

Maker Price Prediction for Today, March 11 – MKR Technical Analysis
MKRBTC – Daily Chart

However, if the bears bring the coin below the moving averages, it could refresh low under 3000 SAT, while a possible bearish continuation may hit the support at 2600 SAT and below. Meanwhile, if the Maker price heads toward the upper boundary of the channel, it could hit the potential resistance at 5000 SAT and above.

“@0xHecate, sharing insights on X (formerly Twitter) with followers, highlights $MKR as a standout altcoin choice. In my opinion, its weekly structure displays a bullish trend. 🎯Consider entering at the current market price (CMP). 🟩I’m content with exiting for a 10% profit. This could be seen as a scalp trade opportunity.”

$MKR is one of the best-looking altcoins right now!

Its weekly structure imo is bullish.

🎯Entry at CMP

🟩Exit with a 10% upside is what I am happy with!

Consider it as a scalp trade.

NFA DYOR pic.twitter.com/rb3EIFGLTF

— Hecate (@0xHecate) March 9, 2024

Maker Alternatives

The Maker price is indicating a potential upward trend, poised to surpass the upper boundary of the channel. However, if the Maker price extends its upward momentum, it might face resistance near the $3000 mark. Despite Maker (MKR) being a reputable and stable cryptocurrency, the newly introduced Bitcoin Minetrix token is making waves during its presale phase, securing an impressive fundraising milestone of nearly $12.2 million. With its innovative cloud mining solution and a remarkably successful presale, Bitcoin Minetrix is swiftly garnering attention and recognition within the cryptocurrency sphere.

BitcoinMinetrix Shatters Expectations: Raises an Unprecedented $10.5 Million!

Bitcoin Minetrix is making waves in the market as it raises nearly $12.2 million. This significant achievement is a testament to the project’s strength and potential. Don’t miss out on the opportunity to be part of this groundbreaking venture.

You can benefit from Bitcoin Minetrix now.

Related News

eToro – Top Exchange Wallet

eToro exchange
  • Exchange Wallet for 120+ Cryptocurrencies, Trade In-Wallet
  • Automatic Staking of ETH, ADA or TRX in your Wallet
  • Regulated by FCA, ASIC and CySEC – Millions of Users
  • Unlosable Private Key – Secure eToro Recovery Service

eToro exchange

Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.

Join Our Telegram channel to stay up to date on breaking news coverage





Source link

Tags: AnalysisMakerMarchMKRPredictionpriceTechnicalToday
ShareTweetShareShare
Previous Post

Ferroglobe, Coreshell to develop advanced EV batteries By Investing.com

Next Post

Cassava Sciences again under scrutiny over Alzheimer’s drug research

Related Posts

Former IMF chief economist believes crypto is a rising menace to the U.S. Greenback’s dominance

Former IMF chief economist believes crypto is a rising menace to the U.S. Greenback’s dominance

by Index Investing News
May 25, 2025
0

American economist Kenneth Rogoff believes that the rise of crypto poses a menace to the hegemony of the U.S. greenback.Rogoff...

Ripple Executives Be a part of Satoshi Nakamoto

Ripple Executives Be a part of Satoshi Nakamoto

by Index Investing News
May 25, 2025
0

Professional-XRP lawyer John Deaton has tapped two Ripple executives to hitch an unique listing of crypto all-time greats. The XRP...

Market Skilled Tasks ‘Undervalued’ Litecoin To Soar At Least 1,000% —  Right here’s How

Market Skilled Tasks ‘Undervalued’ Litecoin To Soar At Least 1,000% —  Right here’s How

by Index Investing News
May 24, 2025
0

Opeyemi is a proficient author and fanatic within the thrilling and distinctive cryptocurrency realm. Whereas the digital asset business was...

Chinese language Automotive Agency Reveals Twin-Observe Plan to Purchase 1,000 Bitcoins Over Subsequent Yr

Chinese language Automotive Agency Reveals Twin-Observe Plan to Purchase 1,000 Bitcoins Over Subsequent Yr

by Index Investing News
May 24, 2025
0

Jiuzi Holdings, Inc. plans to amass 1,000 bitcoins over the approaching 12 months by means of a mix of recent...

Extra crypto companies to return?

Extra crypto companies to return?

by Index Investing News
May 24, 2025
0

This previous week, Coinbase joined the S&P 500, one of many world’s most elite inventory indexes — a triumph for...

Next Post
Cassava Sciences again under scrutiny over Alzheimer’s drug research

Cassava Sciences again under scrutiny over Alzheimer's drug research

China’s valuations are ‘way too low,’ strategist says — here’s why

China's valuations are 'way too low,' strategist says — here's why

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

The Money Circulate Market “Mirage” That Traps New Traders

The Money Circulate Market “Mirage” That Traps New Traders

April 3, 2022
Airbus Supply Slowdown: Provide Chain Struggles, Order Evaluation (OTCMKTS:EADSF)

Airbus Supply Slowdown: Provide Chain Struggles, Order Evaluation (OTCMKTS:EADSF)

September 8, 2024
NAR Tech Accelerator REACH Opens Application Window For 2023

NAR Tech Accelerator REACH Opens Application Window For 2023

December 8, 2022
Scotland survive Greece onslaught to earn slender lead in Nations League play-off

Scotland survive Greece onslaught to earn slender lead in Nations League play-off

March 21, 2025
CBRE to Lease Long Island City Office Building

CBRE to Lease Long Island City Office Building

February 22, 2023
Uncommon To See Shares Down and Junk Bonds Out-Performing Treasuries! – Funding Watch

Uncommon To See Shares Down and Junk Bonds Out-Performing Treasuries! – Funding Watch

April 13, 2022
Designer Brands, Lands’ End, Salesforce and more

Designer Brands, Lands’ End, Salesforce and more

December 1, 2022
Today’s Impacts on Property Insurance Costs—And What Investors Can Do About It

Today’s Impacts on Property Insurance Costs—And What Investors Can Do About It

March 6, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In