Maker

Resistance

Status

Time

<ul> 
 <li><strong>Bullish MKR price prediction for 2024 is $2281 to </strong><strong>$3903.</strong></li> 
 <li><strong>Maker (MKR)</strong><strong> price might reach $4000 soon.</strong></li> 
 <li><strong>Bearish MKR price prediction for 2024 is </strong><strong>$790</strong><strong>.</strong></li> 
</ul> 
<p>In this Maker (MKR)<a href="https://thenewscrypto.com/markets/price-prediction/"> price prediction</a> 2024, 2025-2030,&nbsp; we will analyze the price patterns of MKR by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/">cryptocurrency</a>.</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Maker (MKR) Current Market Status</li>
      <li>What is Maker (MKR)?</li>
      <li>Maker (MKR) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      MAKER (MKR) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Maker (MKR) Support and Resistance Levels</li>
      <li>Maker (MKR) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>Maker (MKR) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of MKR with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>MAKER (MKR) PRICE PREDICTION 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-maker-mkr-current-market-status">Maker (MKR) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$2,142.37</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">8.98% Down</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$76,651,934</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$1,989,186,818</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">928,666 MKR</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$6,339.02 (On May 04, 2021) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$21.06 (On Jan 30, 2017) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   MKR Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/MAKER/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-maker-mkr">What is Maker (MKR)</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>MKR</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Ethereum</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>ERC-20 Token</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>December 2017</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, security, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>Maker (MKR) is the governance token of the Maker protocol built on the Ethereum blockchain. MKR was created by makerDAO, conceived in 2015 and fully launched in December 2017. Maker protocol and MakerDAO manage and provide the smart contracts ecosystem for one of the largest stablecoins, DAI.</p> 
<p>Maker ecosystem, thus, comprises two tokens, Maker (MKR) and a decentralized stablecoin, DAI. Maker Protocol is an open-source project that is recognized as one of the largest dApps existing on the Ethereum blockchain.&nbsp;&nbsp;</p> 
<h2 class="wp-block-heading" id="h-maker-24h-technicals"><br>Maker 24H Technicals<br></h2> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="390" src="https://thenewscrypto.com/wp-content/uploads/2024/06/image-120-1024x390.png" alt="" class="wp-image-101705" srcset="https://thenewscrypto.com/wp-content/uploads/2024/06/image-120-1024x390.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-120-300x114.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-120-768x293.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-120-1536x585.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-120.png 1788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p class="has-text-align-center"><em>(Source: </em><a href="https://www.tradingview.com/symbols/MKRUSDT/?exchange=OKX"><em>TradingView</em></a><em>)</em></p> 
<h2 class="wp-block-heading" id="maker-mkr-price-prediction-2024">Maker (MKR) Price Prediction 2024</h2> 
<p>Maker (MKR) ranks 43rd on CoinMarketCap in terms of its market capitalization. The overview of the Maker price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/9yxRIHcF/" alt="">
 </figure>
</div> 
<p><em>MKR/USDT Ascending Channel Pattern (Source: </em><a href="https://www.tradingview.com/symbols/MKRUSDT/?exchange=BITTREX"><em>TradingView</em></a><em>)</em></p> 
<p>In the above chart, Maker (MKR) laid out a descending triangle pattern. A descending triangle is most commonly seen during downtrends and is often interpreted as a bearish signal. The ascending triangle pattern is reversed in the descending triangle pattern.</p> 
<p>As the price continues to make lower highs, descending triangles indicate to investors and traders that sellers are more aggressive than buyers. When the price breaks out of the triangle in the direction of the overall trend, the pattern is complete.</p> 
<p>Contrary to popular belief, a descending triangle can be bullish or bearish. A regular descending triangle pattern is traditionally regarded as a bearish chart pattern. A descending triangle pattern, on the other hand, can be bullish.</p> 
<p>At the time of analysis, the price of Maker (MKR) was recorded at $2,142.37. If the pattern trend continues, then the price of MKR might reach the resistance levels of $2514, $3246, $4124, and $5000. If the trend reverses, then the price of MKR may fall to the support of $2080.</p> 
<h2 class="wp-block-heading" id="maker-mkr-resistance-and-support-levels">Maker (MKR) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Maker (MKR) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://tradingview.com/x/YSc0Wspm/" alt="">
 </figure>
</div> 
<p><em>MKR/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/MKRUSDT/?exchange=BITTREX"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can analyze and identify the following as the resistance and support levels of Maker (MKR) for 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$2281</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$3903</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$1256</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$790</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p class="has-text-align-center"><em>MKR Resistance &amp; Support Levels</em></p> 
<h2 class="wp-block-heading" id="maker-mkr-price-prediction-2024-rvol-ma-and-rsi">Maker (MKR) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Maker (MKR) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/Xi8eb8dI/" alt="">
 </figure>
</div> 
<p><em>MKR/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/MKRUSDT/?exchange=BITTREX"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Maker (MKR) market in 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average&nbsp;(50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $2614Price = $2152<br><em>(50MA &gt; Price)</em></td>
    <td>Bearish/Downtrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index&nbsp;(RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>37<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Nearly Oversold</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak Volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="maker-mkr-price-prediction-2024-adx-rvi">Maker (MKR) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Maker (MKR) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/kZksqg2Y/" alt="">
 </figure>
</div> 
<p><em>MKR/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/MKRUSDT/?exchange=BITTREX"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Maker (MKR).</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>35</td>
    <td>Weak Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>33.94<br><br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>Low Volatility</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="comparison-of-mkr-with-btc-eth">Comparison of MKR with BTC, ETH</h2> 
<p>Let us now compare the price movements of Maker (MKR) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<figure class="wp-block-image size-large">
 <img decoding="async" src="https://www.tradingview.com/x/eBd225A2/" alt="">
</figure> 
<p><em>BTC Vs ETH Vs MKR Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/MKRUSDT/?exchange=BITTREX"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can interpret that the price action of MKR is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of MKR also increases or decreases respectively.</p> 
<h2 class="wp-block-heading" id="maker-mkr-price-prediction-2025-2026-2030">Maker (MKR) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Maker (MKR) between 2025, 2026, 2027, 2028, 2029, and 2030.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Maker (MKR) Price Prediction 2025</td>
    <td>$4070</td>
    <td>$735</td>
   </tr>
   <tr>
    <td>Maker (MKR) Price Prediction 2026</td>
    <td>$4100</td>
    <td>$720</td>
   </tr>
   <tr>
    <td>Maker (MKR) Price Prediction 2027</td>
    <td>$4120</td>
    <td>$715</td>
   </tr>
   <tr>
    <td>Maker (MKR) Price Prediction 2028</td>
    <td>$4150</td>
    <td>$710</td>
   </tr>
   <tr>
    <td>Maker (MKR) Price Prediction 2029</td>
    <td>$4170</td>
    <td>$705</td>
   </tr>
   <tr>
    <td>Maker (MKR) Price Prediction 2030</td>
    <td>$4180</td>
    <td>$700</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2> 
<p>If Maker (MKR) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Maker (MKR) price prediction for 2024 is $3903. Comparatively, the bearish Maker (MKR) price prediction for 2024 is $790.&nbsp;</p> 
<p>If there is a positive elevation in the market momentum and investors’ sentiment, then Maker (MKR) might hit $4000. Furthermore, with future upgrades and advancements in the Maker ecosystem, MKR might surpass its current all-time high (ATH) of $6,339.02 and mark its new ATH.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Maker (MKR)?</h4> 
<p>Maker (MKR) is the governance token of the Maker protocol built on the Ethereum blockchain.&nbsp;</p> 
<h4 class="wp-block-heading">2. Where can you buy Maker (MKR)?</h4> 
<p>Maker (MKR) has been listed on many crypto exchanges which include &nbsp;Binance, Deepcoin, OKX, Bitrue, and Bybit.</p> 
<h4 class="wp-block-heading">3. Will Maker (MKR) record a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the Maker platform, Maker (MKR) has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Maker (MKR)?</h4> 
<p>Maker (MKR) hit its current all-time high (ATH) of $6,339.02&nbsp; on May 04, 2021.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Maker (MKR)?</h4> 
<p>According to CoinMarketCap, MKR hit its all-time low (ATL) of $21.06 on Jan 30, 2017.</p> 
<h4 class="wp-block-heading">6. Will Maker (MKR) hit $4000?</h4> 
<p>If Maker (MKR) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $4000 soon.</p> 
<h4 class="wp-block-heading">7. What will be the Maker (MKR) price by 2025?</h4> 
<p>Maker (MKR) price might reach $4070 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be the Maker (MKR) price by 2026?</h4> 
<p>Maker (MKR) price might reach $4100 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be the Maker (MKR) price by 2027?</h4> 
<p>Maker (MKR) price might reach $4120 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be the Maker (MKR) price by 2028?</h4> 
<p>Maker (MKR) price might reach $4150 by 2028.</p> 
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<p><em>Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Maker (MKR) Price Prediction 2024, 2025, 2026-2030

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