Maker

Uniswap

DAO Maker

Hedge

Coin

<p>DAO Maker, the innovative decentralized autonomous organization (DAO) platform, has seen notable shifts in the&nbsp;crypto market. According to data from CoinMarketCap, the price of DAO at the time of writing, was <a href="https://coinmarketcap.com/currencies/dao-maker/#About" target="_blank" rel="noopener noreferrer nofollow">$2.31</a>, with a 24-hour trading volume of $74,034,812 and a 34.67% surge in the last day alone.</p>
<h2 class="wp-block-heading" id="strong-market-analysis-by-one-intent-strong"><strong>Market Analysis by One Intent</strong></h2>
<p>Top technical analyst One Intent (@oneintent_) provided a comprehensive breakdown of the DAO Maker price action on the weekly chart. He highlighted several key zones that have been acknowledged by the market over approximately 1,000 days.</p>
<p><mark class="annotation-text annotation-text-yoast" id="annotation-text-39ba1150-5b45-44f3-a619-02fa21d9bc3b">He <a href="https://x.com/oneintent_/status/1770763741103014254?s=20" target="_blank" rel="noopener noreferrer nofollow">tweeted</a>, “We can identify market-developed horizontal support at around $1.2,” One Intent explained, “which was violently damaged back in November 2022.”</mark> However, in February 2023, bulls managed to regain this crucial support level but encountered diagonal resistance, which led to more challenges for the buyers.</p>
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<h2 class="wp-block-heading" id="strong-bullish-resurgence-strong"><strong>Bullish Resurgence</strong></h2>
<p>Despite the setbacks, the bulls’ determination paid off. “In December 2023, bulls managed to break through diagonal resistance rejected at horizontal support, which resulted in a diagonal test in January 2024,” One Intent noted. “Resistance turned into support.”</p>
<p>Consequently, the bulls have been gaining momentum, culminating in a strong weekly close above the horizontal support last week. One Intent remains optimistic about the future, targeting approximately $6 if the uptrend continues.</p>
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<h2 class="wp-block-heading" id="strong-dao-maker-s-milestone-and-industry-recognition-strong"><strong>DAO Maker’s Milestone and Industry Recognition</strong></h2>
<p>Additionally, DAO Maker has achieved a significant milestone. Gotbit Hedge Fund (@gotbit_io), a notable player in the&nbsp;industry, <a href="https://x.com/gotbit_io/status/1771150317322912004?s=20" target="_blank" rel="noopener noreferrer nofollow">congratulated</a> DAO Maker on reaching a $430 million market capitalization and securing the top spot in the Launchapds Ranking.</p>
<p>“Bull market is around the corner,” Gotbit Hedge Fund declared, expressing their delight with the performance of their “tier-1 client” DAO Maker. “Congratulations to $DAO team and investors, real launchpad for real founders!”</p>
<p>With positive technical indicators, a bullish resurgence, and industry recognition, DAO Maker’s price surge seems well-justified. However, as One Intent advises, “real chads who have the ability to sit on their hands should participate in this play.”</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-dao-maker-dao-price-pumping-expert-sets-eyes-on-this-next-price-target/" rel="noopener noreferrer nofollow">Why is DAO Maker (DAO) Price Pumping? Expert Sets Eyes on This Next Price Target</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is DAO Maker (DAO) Price Pumping? Expert Sets Eyes on This Next Price Target

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