MakerDAO (MKR) is in a bullish swing and this is proved true by the higher highs formed on the chart. MKR is on its way to close out the top of this valley it formed in late August.
On this 4h chart we can see MKR trying to regain access inside this wedge as well as the $580 support level.
If MKR continues going upwards and finds these levels of support, the LONG Targets are as follows
TP1 🎯 $599
TP2 🎯 $628
TP3 🎯 $718 (Close out the Top of the Valley)
MKR Community Greenlight Polls
The MakerDAO governance facilitators have placed a governance poll into the voting system which asks whether the following assets should be prioritized for inclusion in the Maker Protocol by the domain teams.
If greenlight votes exceed defer votes, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding assets as collateral to the Maker Protocol
UNI-V2-USDT-ETH (Uniswap USDT-WETH Liquidty Tokens)
aUSDC (Aave USDC)
CRO (Crypto.com Coin)
UNI-V2-WBTC-ETH (Uniswap WBTC-WETH Liquidty Tokens)
UNI (Uniswap)
cUSDC (Compound USDC cToken)
OST-1 (UPRETS Oosten Fund I LP)
yUSD (yyCRV)
KF-DROP (Kickfurther DROP)
OMG (OMG Network)
CRV (Curve DAO Token)
Monthly MIP's Governance Poll
The Governance Facilitators have placed the MIP3: Monthly Governance Poll into the voting system. This poll asks whether the bundled contents of this month's Governance Cycle should proceed to an Executive Vote to be held on October 26th, 2020.
In saying all of this, there are obviously intrinsic factors to holding the Maker Protocol, because you get a certain amount of voting power just like a democracy.
As always please do your own research, I am not a financial advisor.
On this 4h chart we can see MKR trying to regain access inside this wedge as well as the $580 support level.
If MKR continues going upwards and finds these levels of support, the LONG Targets are as follows
TP1 🎯 $599
TP2 🎯 $628
TP3 🎯 $718 (Close out the Top of the Valley)
MKR Community Greenlight Polls
The MakerDAO governance facilitators have placed a governance poll into the voting system which asks whether the following assets should be prioritized for inclusion in the Maker Protocol by the domain teams.
If greenlight votes exceed defer votes, this poll is to be taken as a signal to domain teams that MKR Token Holders have approved further domain work with the aim of adding assets as collateral to the Maker Protocol
UNI-V2-USDT-ETH (Uniswap USDT-WETH Liquidty Tokens)
aUSDC (Aave USDC)
CRO (Crypto.com Coin)
UNI-V2-WBTC-ETH (Uniswap WBTC-WETH Liquidty Tokens)
UNI (Uniswap)
cUSDC (Compound USDC cToken)
OST-1 (UPRETS Oosten Fund I LP)
yUSD (yyCRV)
KF-DROP (Kickfurther DROP)
OMG (OMG Network)
CRV (Curve DAO Token)
Monthly MIP's Governance Poll
The Governance Facilitators have placed the MIP3: Monthly Governance Poll into the voting system. This poll asks whether the bundled contents of this month's Governance Cycle should proceed to an Executive Vote to be held on October 26th, 2020.
In saying all of this, there are obviously intrinsic factors to holding the Maker Protocol, because you get a certain amount of voting power just like a democracy.
As always please do your own research, I am not a financial advisor.
