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

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