MAKER Price Prediction Today: Daily (MKR) Value Forecast – July 3
- MKR/USD market's worth may drop down most of the times below the $700 upper range spot.
- The MKR/USD trade may retest a low mark at $560.
MKR/USD Medium-term Trend: Ranging
- Distribution territories: $800, $850, $900
- Accumulation territories: $500, $450, $400
There has been a record of falls and rises in the market valuation of MAKER as paired with the USD price worth in a range. The crypto's medium-term trend has to have a high value at around $700 mark and a low point close at $550 territory.
Both the Bollinger Upper Band and the 50-day SMA indicator are located over the choppy price movements of the market. The Stochastic Oscillators now seemingly attempting to close the hairs below range 80.
It has observed that the MKR/USD market’s worth may drop down most of the times below the $700 upper range spot. However, the bears may as well prolong the drawdown into lower accumulation territories between $550, and $450 marks.
MKR/USD Short-term Trend: Ranging
The MKR/USD market has found been moving in a choppy manner around $680 and $600 price territories today. Yesterday’s trading sessions witnessed a notable slight increase in the market line from around $560 point up to a bit high mark above $640 in the short-term run.
As at the time of writing, the pair has been hovering around small space between the Bollinger Upper and the Middle Band trend-lines. The 50-day SMA indicator is also located within them. The Stochastic Oscillators have crossed from the overbought zone to slightly point to the south near range 50.
There are possibilities that the pair will still be pushed down to retest a low mark at $560. The bulls may take up the market forces to the north direction.
Live Maker (MKR) Price:
1 MKR/USD =$5,480.9994 change ~ 4.62%
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