We analyzed the fundamentals and technical aspects of Maker DAO in early April. Let's take a look at the changes after a month. Fundamentally, as the head protocol of RWA, MakerDAO is famous for its security. But after ONDO established cooperation with BlackRock fund BUIDL. MakerDAO chose to expand its $600 million DAI exposure to Ethena’s USDe and sUSDe. This...
📊 Analysis: Relative Strength: Maker (MKR) is exhibiting relative strength compared to BTC amidst market weakness. Reversal Signs: MKR has absorbed liquidity at $2,365 and is showing potential signs of a reversal. Entry: Consider entering the trade at $3,150. Profit Targets: Aim for profits at $3,650 or $4,000 levels. Risk Management: Set a stop-loss at $2,850 to...
MKR is at the key resistance zone, I expect the market to go down 🔵Entry Zone 3258 - 3186 🔴SL 3529 🟢TP1 2942 🟢TP2 2676 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please...
The cryptocurrency market has evolved significantly over the past decade, moving beyond its initial focus on digital currencies to encompass a broader range of assets, including real-world assets (RWAs). RWAs represent tangible assets such as real estate, commodities, and financial instruments that are tokenized and traded on the blockchain. The integration of...
After talking about the RWA protocol GFI last week, GFI continues to perform strongly. It has gained more than 20% since the release of our analysis and remains bullish on the indicators. After BlackRock established the BUIDL fund, MakerDAO, one of the leading RWA protocols, also gained attention. The core business of Maker DAO is CDP, which is the creation of...
MKR shows a new volume trend which could be confirmed in the coming time. We will follow MKR to see if it's able to confirm. This is a basic daily trend where we check the confirmation possibility.
💎 MKR has recently encountered notable market dynamics, experiencing a significant rejection at a strong resistance area. 💎 There is potential for MKR to undergo a backtest on the demand area around $2530. If MKR shows positive signs in the demand zone, such as bullish candle rejections, it could bounce back upward and retest the strong resistance area. 💎...
Maker is a smart contract lending platform that enables users to take out loans by locking in collateral in exchange for Dai Maker price today is $775 with a 24 hour trading volume of 69 million dollar! MKR price is up 15% in the last 24 hours US CPI Inflation data will be coming up today 10th November at 7:00PM IST and it can effect the market too MKR going to...
Big Inverse H&S on #MKR The Head and shoulders Top met it's price target which gives confidence in this reversal pattern to also be met
I'm in! Let's go! Cup and Handle... that's a dope pattern.
Hi Everyone; today we have one of the best risk to reward Investment opportunity it is more than 620 times the risk and the chart is look very promising. I expect breaking the previous bear market key point will clear the way to the final target
◳◱ On the $MKR/ CRYPTOCAP:USDT chart, the Bband Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 2236 | 2379 | 2636 and support near 1979 | 1865 | 1608. Entering trades at 2363 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Maker ▣ Rank: 61 ▣ Exchanges: Binance, Kucoin,...
The price structure is bullish. Now MKR is creating an important BOS. Can become very bullish with a fix on the previous SW H. If on the swap area Pullback is done, we can look for buy positions. Closing a daily candle below the invalidation level will invalidate this analysis Note that the financial market is risky, so: Do not enter any position without...
MKR has broken a major resistance zone 🔵Entry Zone 2266 - 2351 🔴SL 2068 🟢TP1 2504 🟢TP2 2807 🟢TP3 3122 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your...
In time H2, it is placed in an upward step in the supply range, which has been corrected. Therefore, it can have an upward correction until the recent supply area, and if it is not able to break the supply area, it can make a pullback to the broken structure, which is also the Fibo area of 61.8. Therefore, after encountering a sell candle within the red box, you...
MKR perform a good bullish wave, and already at support level. We can follow bullish wave from this point, and aim for 13% profit projection at $2224 Best stop level below support at 1849 Good luck, Don't forget to support this analysis to get a quick notification if I found a new key level
💎 Paradisers, attention is due as #MKR showcases a fascinating trend, nestled within a demand zone and gearing up for a potential bullish ascent. 💎 Recently,#MAKER managed to vault over the supply zone at $1612, and it's currently showing respect for the demand level at $1838. Should MKR maintain its drive at this crucial point, we're anticipating a robust climb,...
I invite you to review the chart of MKR in pair with USDT, on a four-hour interval. Here, using the blue lines, we will identify a strong downtrend channel where the price is approaching the upper part. Additionally, inside the channel, yellow lines will indicate an additional local downward channel, in which the price is at the upper edge, but this may limit the...