MKR Ushers Price to $673 Support as TAMA Maintains the Uptrend

Maker (MKR) price has not been able to fetch any significant growth over the past few days, and the loss percentage in this period stands at 1.97%.

Maker Prediction Statistics Data:

  • Maker price now – $694
  • Maker market cap – $677.6 million
  • Maker circulating supply – 977.6 thousand
  • Maker total supply – 977.6 thousand
  • Maker Coinmarketcap ranking – #60

MKR/USD Market

Key Levels:

Resistance levels: $900, $1000, $1100

Support levels: $500, $400, $300

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MKR/USD bulls could not sustain the price above the $724 resistance level because of bearish pressure. The Maker (MKR) has been trading on the negative side as the sellers dominate the market.

MKR Price Not Yet Ready for the Upside; TAMA to Go Up

The Maker price is consolidating around $694. The market may go up if it bounces above the resistance level of $700 to face the potential resistance levels of $900, $1000, and $1100. In other words, MKR/USD may sink if the bears break towards the south, and the price could fall to the next support levels of $500, $400, and $300.

At the moment, MKR/BTC is seen moving to the downside as it has yet to record a tremendous gain. More so, as the buyers gather momentum, it is likely for the coin to begin the upward movement if the bulls keep the coin above the 9-day and 21-day moving averages.

MKRBTC – Daily Chart

However, a bullish movement above 4000 SAT could push the MKR price to the resistance level of 4300 SAT and above. In other words, breaking below the current market value may further bring the price to the new low of 3200 SAT and below.

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