Maker Price Prediction Today: Daily (MKR) Value Forecast – June 20
- The price of Maker fluctuates between the levels of $640 and $778.
- On the upside, if the bulls break the upper price range, the crypto’s price will rise to reach the previous highs.
MKR /USD Medium-term Trend: Ranging
- Resistance Levels: $700, $720, $740
- Support Levels: $680, $660, $640
Yesterday, June 19, the price of Maker was in a sideways trend. The price of Maker was in a bullish trend in the month of May. On May 29, the MKR market reached its peak price of $778 price level. On May 30, the bulls were resisted and the market had a downward correction to the support of $640 price level.
Incidentally, the $640 price level becomes the lower price range. At the lower price range, the bulls made an upward move but were resisted at the $778 overhead resistance level. This is now the upper price range. On the upside, if the bulls break the upper price range, the crypto’s price will rise to reach the previous highs. Meanwhile, the MKR price is in the oversold region of the daily stochastic but below 60% range. This indicates that price is a bearish momentum and a sell signal.
MKR/USD Short-term Trend: Ranging
On the 1-hour chart, the price of MKR is in a sideways trend. The 12-day EMA and the 26-day EMA are sloping horizontally.The MKR price fluctuates between the levels of $680 and $760 price level.Meanwhile, the stochastic has reached the overbought region but above the 60% range. This indicates that price is in a bullish momentum and a buy signal.
Live Maker (MKR) Price:
1 MKR/USD =$5,354.0718 change ~ -0.07%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.