YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
No Result
View All Result

MKRUSD Price Prediction: Resistance Level of $879 May Hold, Pullback Envisaged

October 7, 2022
in Blockchain
Reading Time: 5 mins read
A A
MKRUSD Price Prediction: Resistance Level of $879 May Hold, Pullback Envisaged
ShareShareShareShareShare

You might also like

Ethereum’s Potential Surge: VanEck Predicts ETH Value to Reach $11.8k by 2030 Amid Booming Smart Contract Adoption

Ethereum’s Potential Surge: VanEck Predicts ETH Value to Reach $11.8k by 2030 Amid Booming Smart Contract Adoption

June 5, 2023
Binance Faces Scrutiny Over Switzerland-Based Sigma Chain in Latest SEC Filing

Binance Faces Scrutiny Over Switzerland-Based Sigma Chain in Latest SEC Filing

June 5, 2023


MKRUSD Price Prediction: Resistance Level of $879 May Hold, Pullback Envisaged

Join Our Telegram channel to stay up to date on breaking news coverage

MKRUSD may retest $693 level

MKRUSD Price Analysis – October 07

An increase in MKRUSD (Maker) price depend on the buyers’ momentum in which when increased may break up the resistance level of $879, and the price may increase to $926 and $977 resistance levels.

MKR/USD Market

Key levels:

Resistance levels: $879, $926, $977

Support levels: $783, $696, $591

 

MKRUSD Long-term trend: Bullish

On the long-term outlook, MKRUSD is bullish. The bearish trend that commenced at the resistance level of $826 landed the price at the support level of $591. The former support levels of $977, $926 and $879 have turned to resistance levels. On September 22, a bullish engulfing candle formed which triggered a bullish trend. The resistance levels of $696 and $783 was penetrated upside. The coin is exposes to $879 level at the moment.

Buyers have successfully placed the coin above the two dynamic resistance levels. The trading of Maker (MKR) above 21 periods EMA and the 9 periods EMA may continue. An increase in MKR (Maker) price depend on the buyers’ momentum in which when increased may break up the resistance level of $879, and the price may increase to $926 and $977 resistance levels. However, the relative strength index period 14 is at 67 levels and the signal lines pointing upside to indicate an increase in Maker price.

BC.Game Casino

Buy MKRUSD Now

 Your capital is at risk

 MKRUSD medium-term Trend: Bullish

MKRUSD is bullish on the medium-term outlook. The crypto found support at $591 level. The sellers’ pressure failed. The price bounced up and steadily increases as the buyers’ pressure increase. It penetrated $783 resistance level and tested $879 level. It is ranging within $879 and $738 levels at the moment.

The currency is trading above the 21 periods EMA and 9 periods EMA to indicate that the Bulls are in control of the MKR market. The relative strength index period 14 is at 59 levels and the signal lines pointing up to indicate buy signal.

Tamadoge – Play to Earn Meme Coin

Tamadoge logo
  • Earn TAMA in Battles With Doge Pets
  • Maximum Supply of 2 Bn, Token Burn
  • Now Listed on OKX, Bitmart, Uniswap
  • Upcoming Listings on LBank, MEXC

Tamadoge logo


 

Join Our Telegram channel to stay up to date on breaking news coverage

Credit: Source link

Related Stories

Ethereum’s Potential Surge: VanEck Predicts ETH Value to Reach $11.8k by 2030 Amid Booming Smart Contract Adoption
Blockchain

Ethereum’s Potential Surge: VanEck Predicts ETH Value to Reach $11.8k by 2030 Amid Booming Smart Contract Adoption

June 5, 2023
Binance Faces Scrutiny Over Switzerland-Based Sigma Chain in Latest SEC Filing
Blockchain

Binance Faces Scrutiny Over Switzerland-Based Sigma Chain in Latest SEC Filing

June 5, 2023
JPMorgan Collaborates with Indian Banks to Launch Blockchain-Based Dollar Settlement System, Reported Bloomberg
Blockchain

JPMorgan Collaborates with Indian Banks to Launch Blockchain-Based Dollar Settlement System, Reported Bloomberg

June 5, 2023
All Nippon Airways Jumps into the NFT Space
Blockchain

All Nippon Airways Jumps into the NFT Space

June 5, 2023
Next Post
US DOJ charges man for using BTC to launder $5.4M in drug trafficking money

US DOJ charges man for using BTC to launder $5.4M in drug trafficking money

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Telco giant Deutsche Telekom partners with Polygon

Telco giant Deutsche Telekom partners with Polygon

May 31, 2023
FBI urges caution with cryptocurrency scams on the rise – 9News.com KUSA

Wallet Warning: How to protect yourself from rising investment scams – Commercial Appeal

May 30, 2023

Popular Story

    • Contact Us
    • Privacy Policy
    • Terms of Use
    • DMCA

    © 2021 - YourCryptoNews.net - All rights reserved!

    No Result
    View All Result
    • Live Prices
    • Crypto News
      • Altcoins
      • Bitcoin
    • Defi News
    • NFT News
    • Blockchain
    • Regulations
    • Trading
    • Scams

    © 2021 - YourCryptoNews.net - All rights reserved!

    • bitcoinBitcoin (BTC) $ 25,758.00 4.42%
    • ethereumEthereum (ETH) $ 1,813.62 3.33%
    • tetherTether (USDT) $ 1.00 0.15%
    • bnbBNB (BNB) $ 276.86 8.37%
    • usd-coinUSD Coin (USDC) $ 0.999653 0.02%
    • xrpXRP (XRP) $ 0.510114 3.79%
    • staked-etherLido Staked Ether (STETH) $ 1,812.39 3.38%
    • cardanoCardano (ADA) $ 0.351253 6.48%
    • dogecoinDogecoin (DOGE) $ 0.066760 6.72%
    • solanaSolana (SOL) $ 19.94 7.83%
    • matic-networkPolygon (MATIC) $ 0.830749 6.13%
    • tronTRON (TRX) $ 0.078752 2.84%
    • litecoinLitecoin (LTC) $ 87.60 5.54%
    • polkadotPolkadot (DOT) $ 5.06 4%
    • binance-usdBinance USD (BUSD) $ 0.999483 0.06%
    • avalanche-2Avalanche (AVAX) $ 13.95 5.3%
    • shiba-inuShiba Inu (SHIB) $ 0.000008 5.71%
    • daiDai (DAI) $ 0.999750 0.05%
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 25,830.00 4.14%
    • uniswapUniswap (UNI) $ 4.72 4.77%
    • leo-tokenLEO Token (LEO) $ 3.51 3.12%
    • chainlinkChainlink (LINK) $ 6.04 5.48%
    • cosmosCosmos Hub (ATOM) $ 9.97 6.97%
    • okbOKB (OKB) $ 44.78 1.59%
    • moneroMonero (XMR) $ 139.94 4.92%
    • the-open-networkToncoin (TON) $ 1.67 3.75%
    • ethereum-classicEthereum Classic (ETC) $ 17.01 5.47%
    • stellarStellar (XLM) $ 0.087996 3.23%
    • bitcoin-cashBitcoin Cash (BCH) $ 109.38 4.53%
    • true-usdTrueUSD (TUSD) $ 0.998986 0.13%
    • lido-daoLido DAO (LDO) $ 2.20 2.47%
    • internet-computerInternet Computer (ICP) $ 4.32 8.39%
    • filecoinFilecoin (FIL) $ 4.22 7.65%
    • quant-networkQuant (QNT) $ 113.24 1.8%
    • aptosAptos (APT) $ 8.05 9.33%
    • hedera-hashgraphHedera (HBAR) $ 0.048770 2.42%
    • crypto-com-chainCronos (CRO) $ 0.058474 3.48%
    • arbitrumArbitrum (ARB) $ 1.14 2.53%
    • nearNEAR Protocol (NEAR) $ 1.50 6.21%
    • vechainVeChain (VET) $ 0.018418 5.67%
    • apecoinApeCoin (APE) $ 2.88 11.22%
    • the-graphThe Graph (GRT) $ 0.115432 6.67%
    • paxos-standardPax Dollar (USDP) $ 0.999472 0.28%
    • fraxFrax (FRAX) $ 0.999094 0.03%
    • algorandAlgorand (ALGO) $ 0.136666 9.27%
    • the-sandboxThe Sandbox (SAND) $ 0.518610 11.4%
    • eosEOS (EOS) $ 0.843942 7.38%
    • elrond-erd-2MultiversX (EGLD) $ 36.17 3.89%
    • rocket-poolRocket Pool (RPL) $ 47.28 4.31%
    • optimismOptimism (OP) $ 1.40 3.23%