Maker

Rally

Resistance

Coin

<ul class="news-points"> 
 <li>Maker (MKR) hits 52-week high at $1,360.71, poised for further gains.</li> 
 <li>MACD and BBP indicators signal bullish momentum for MKR.</li> 
 <li>Overbought conditions and RSI decline hint at potential correction.</li> 
</ul> 
In the previous 24 hours, bearish momentum in the <a href="https://coinedition.com/tag/maker-mkr/" rel="noopener noreferrer nofollow">Maker (MKR)</a> market was neutralized when support at the intraday low of $1,296.53 propped up the price. This support level was a significant barrier to further decline, signaling a possible change in market mood. Consequently, buyers restored confidence and began to join the market, causing the Maker price to rebound. 
As a result, bulls drove the <a href="https://coinedition.com/maker-mkr-price-prediction/" rel="noopener noreferrer nofollow">MKR price</a> to a new 52-week record high of $1,360.71 before retreating to $1,340.80, a 2.68% increase from the intraday low at press time. If bulls push prices over $1,360.71, the next resistance level would be at the $1,400 level. Breaking over this level might indicate further gains for Maker if the price rises. 
During the bull run, MKR’s market capitalization and 24-hour trading volume increased by 2.69% and 21.34%, to $1,310,805,470 and $105,536,028, respectively. This market capitalization and trading volume growth reflects high investor interest and enhanced liquidity i… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/maker-mkr-bulls-rally-to-a-12-month-high-will-the-resistance-hold/">Maker (MKR) Bulls Rally to a 12-Month High: Will the Resistance Hold?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Maker (MKR) Bulls Rally to a 12-Month High: Will the Resistance Hold?

Coin Edition

Other articles published on Sep 21, 2023

Indonesia's Leading Crypto Exchange Pintu Exceeds 6 Million Downloads

Wally Adeyemo, US Deputy Secretary of the Treasury meets with Nigeria’s tech ecosystem

How Will Li Auto (LI) Stock React to the Jump in Car Sales in China?

Near Foundation CEO Marieke Flement resigns

FTT price jumps 8% as Binance announces FTT/USDT trading pair

1inch and Trust Wallet launch a swap competition

Join our free newsletter for daily crypto updates!