MAKER Price Prediction: Long-term (MKR) Value Forecast – July 14
- MKR/USD trade operations still feature in a range despite a rise and a fall in its price moves.
- The two market movers may continue pushing the market until the next sessions as long as price lines at $800 and $600 remain unbroken either ways of the direction.
MKR/USD Long-term Trend – Ranging
- Distribution territories: $900, $1000, $1100
- Accumulation territories: $500, $400, $300
On July 7, MAKER market worth in a range struggled to slightly rise in valuation against the US dollar to touch a high value at $800 mark on July 9. On the succeeding trading sessions, July 10, the pair witnessed a downturn that has led the market to fluctuate at a low mark of $700 within the range zones of the market.
The $700 point is shown between the two trading indicators. The 50-day SMA is a bit over it, and the 14-day SMA is a bit located below them. The Stochastic Oscillators have crossed downward from range 60 to now seemingly making an attempt to close a bit over range 40.
The MKR/USD market operations appear to be in the control of both the two major movers in the same range trading zones till the next sessions as long as these two key price lines at $800 and $600 remain unbroken with tangible sustainability afterward.
Live Maker (MKR) Price:
1 MKR/USD =$4,426.5492 change ~ -4.45%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.