Maker Price Prediction Today: Daily (MKR) Value Forecast – June 27
- On June 26, the bulls tested the $800 price level and the price fell below the EMAs.
- MKR/USD pair was trading below the $778 overhead resistance.
MKR /USD Medium-term Trend: Ranging
- Resistance Levels: $700, $720, $740
- Support Levels: $680, $660, $640
Yesterday, June 26, the price of Maker was in a sideways trend. The MKR/USD pair was trading below the $778 overhead resistance. On May 29, the MKR market reached its peak price of $778 price level. Each time the bulls tested the overhead resistance price would fall below the EMAs.
On May 30, the bulls resisted and the price fell below the EMAs. This had been the scenario in the month of June. On the upside, if the bulls break the $778 overhead resistance, the crypto’s price will rise to reach the previous highs. Meanwhile, the MKR price is in the overbought region of the daily stochastic but below 60% range. This indicates that price is in a bullish momentum and a buy 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 $25 and $80 price level. On June 26, the bulls tested the $800 price level and the price fell below the EMAs. Meanwhile, the stochastic has reached the oversold region but above the 20% range. This indicates that price is in a bullish momentum and a buy signal.
Live Maker (MKR) Price:
1 MKR/USD =$2,070.4637 change ~ -5.40%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.