MAKER Price Prediction Today: Daily (MKR) Value Forecast –June 17

  • The bulls are in control of the short and medium-term outlook.
  • Responsible buying at the key area is recommended.

MKR/USD Medium-term Trend: Bullish

Supply zones: $800.00, $850.00, $900.00
Demand zones: $300.00, $250.00, $200.00

MRKUSD is in a bullish trend in its medium-term outlook. The bears' pressure was weakened at $700.00 around the trendline on 15th June. The bulls returned saw the cryptocurrency making a high at $754.00 in the supply area before the end of the day.

The bulls maintained the momentum as the market opens today at $749.54. MRKUSD rose to $780.00 in the supply area as the momentum to the upside increases.

Price is above the two EMAs and the signal of the stochastic oscillator points up at 90% in the overbought region. These suggest bullish continuation in the medium-term with $800.00 in the supply area as the bulls target for a higher high before the end of today’s session.

MKR/USD Short-term Trend: Bullish

The cryptocurrency short-term outlook is a bullish trend. The bears' pressure was lost at $700.00 in the demand area which was the 78.6 fib area during the weekend.

The cryptocurrency shorts up initially at $759.00 and later to $780.00 in the supply area as the bulls maintained control of the market in the short-term.

The momentum to the upside may be sustained as price stays above the two EMAs after minor drawdown due to the signal of the stochastic oscillator pointing down at 86% in the overbought region.

Live Maker (MKR) Price:

1 MKR/USD =$4,895.6346 change ~ 0.72%

Coin Market Cap

$4.87 Billion

24 Hour Volume

$83.26 Million

24 Hour VWAP

$5.03 K

24 Hour Change



The views and opinions expressed here do not reflect that of and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide