Maker

Kaspa

Resistance

Verge

The post <a href="https://coinpedia.org/price-analysis/kaspa-kas-and-maker-mkr-tokens-hint-a-15-surge-next-week/">Kaspa (KAS) And Maker (MKR) Tokens Hint A 15% Surge Next Week?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
After successfully concluding yesterday on a positive note, the cryptocurrency market has recorded a correction of 0.86% in valuation, with top tokens stuck near their respective crucial support levels. However, mid-cap altcoins have regained momentum by adding significant value. 
Top altcoins such as Maker (MKR) and Kaspa (KAS) price have each recorded a surge of over 10% within the past day, indicating a rising interest of investors in these tokens. With the rising volatility in the crypto space, will KAS and MKR price hold their gains or lose momentum next week? 
<h2 class="wp-block-heading" id="h-maker-price-displays-increased-bullish-sentiment">Maker Price Displays Increased Bullish Sentiment:</h2> 
After trading under a bearish influence since April, the <a href="https://coinpedia.org/price-prediction/maker-dao-mkr-price-prediction/" target="_blank" rel="noreferrer noopener">Maker price</a> has regained momentum and added 8.71% to its portfolio with a change of +21.49% in its trading volume. Moreover, the altcoin has added 4.12% over the past week, indicating a rising bullish sentiment for the MKR price. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeyRZ8au0gHenjHRYsXZZZs69odIGy6pCj5VsR-oFYjgEa-kDnTDEKwsbCpayxtmTyb-4n_HcVhPoJ5HVgI4nAJHpAXkEYtEsPVsmAO2YPQ6jJOhFzzUSgCzC9huh4fwI9_36mghXf0k1_9lDY8Ez4VJnLQ?key=ZzJCoXFjJO3Ox7c9rbjbyQ" alt="Maker Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: MKR/USDT
 </figcaption>
</figure> 
The technical indicator, MACD, displays a rising pattern in its green histogram, indicating an increase in the buying pressure for the Maker price in the market. Moreover, the averages show a bullish jump, suggesting the <a href="https://markets.coinpedia.org/maker/" target="_blank" rel="noreferrer noopener">MKR price</a> will continue gaining value this week. 
On the other hand, the Simple Moving Average (SMA) has successfully recorded a bullish crossover in its price chart of 1D time frame, suggesting a positive outlook for the Maker crypto in the coming time. 
If the market continues to trade under a bullish sentiment, the MKR coin price will retest its resistance level of $2,536 over the upcoming weekend. However, in case of a trend reversal, the Maker crypto price will drop toward its crucial support level of $2,175. 
<h2 class="wp-block-heading" id="h-kas-price-on-the-verge-of-testing-its-important-resistance-level">KAS Price On The Verge Of Testing Its Important Resistance Level:</h2> 
The <a href="https://markets.coinpedia.org/kaspa/" target="_blank" rel="noreferrer noopener">Kaspa price</a> continues displaying bullish sentiment by adding 11.70% to its portfolio within 24 hours. Moreover, the altcoin has jumped 20.83% within the past seven days and 27.37% over the past month. Notably, it has rewarded its long-term investors with a YTD return of 58.97%. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcNic8okoawse6g4puZhRIB8J3zccqP627Qr9Cjfxu-lPi66rFXwSAD_oO5ShS0DdbTgioMmeCxDjltYX9ERkXhtVFMFnIqGDIhmHVErLq6x5trOSVQ8Si5-XE-S8qBGkIHFwIpefwGuCWTZkZCXS2XHL3q?key=ZzJCoXFjJO3Ox7c9rbjbyQ" alt="Maker Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: MKR/USDT
 </figcaption>
</figure> 
The Relative Strength Index (RSI) records a significant uptrend toward its overbought range, highlighting an increase in the price action for the crypto token in the market. Further, the average continues to trade above the mid-point, suggesting a positive outlook for the KAS coin price in the coming time. 
With the rising bullish sentiment, the Kaspa price may retest its important resistance level of $0.183 soon. Maintaining the price at that level will set the stage for the Kaspa (KAS) price to head toward its upper resistance level of $0.205 and achieve a new yearly high. 
Conversely, if the bears overpowered the bulls, the KAS crypto will lose momentum and drop toward its support level of $0.162. Further, if the bears continue dominating the market, the Kaspa token will plunge toward a low of $0.140.

Kaspa (KAS) And Maker (MKR) Tokens Hint A 15% Surge Next Week?

Obsah

CoinPedia News

Ďalšie články zverejnené 27. 6. 2024

Interview: Zeta Markets announces ZEX token event and airdrop

SEC vs. Ripple: XRP Slides as Court Ruling Looms

Why Is The Bitcoin Price Down Today?

US Government Follows Germany to Move Seized Bitcoins

Will Ethereum ETF Debut Steer ETH Price Beyond $5,000?

BOME Leads Solana Memecoin’s Recovery Amid ETF Speculation

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!