Maker DAO’s MKR token is one of the oldest DeFi assets. Like many other crypto assets, it posted stellar gains this year. Yet in BTC terms, it’s still well below its all-time high of 0.18 that was observed in 2019.
After a surge to above 0.08 BTC (a level also last seen in 2019), MKR was heavily sold throughout February.
We’ve asked Hybrid Intelligence the...
You are probably aware of the unprecedented events surrounding Gamestop stock, retail investors, a potential short squeeze, and market manipulation by institutions. Thousands of retail investors like myself lost out on what could have been hundreds of thousands of dollars in gains on GME stock due to illegal abuses of the influence that brokerages and hedge funds...
Both pairs exhibit horizontal movement following a breakout
Any find displaying this horizontal movement will likely break up to the upside, as demonstrated between these two
MAKER has a sharper rise compared to REN while breaking out
Similar moving average scenarios can be seen aswell
Main point to take away from this post is the potential of horizontal...
I hope everyone is ready for a née movement in Crypto this year. I will predict this. 2021 is going to bring some pretty amazing surprises. I would like to know if anyone has a opinion or a theory on what could be the future Crypto Market this year. Possibly even surpassing Bitcoin?? Is that possible?? I truly think it is. Here is why. Ether is set to explode but...
This is my view on MKRUSD.
The pair has to retrace a bit before the next bullish run.
I highly recommend to wait for a breakout confirmation and go long.
Maker should not break and close below 2507, otherwise it will drop to 2460
Technical analysis regarding the price of MAKER in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price broke through this bullish channel which also coincides with a region of considerable resistance. Financial volume gaining proportion also making the candles normal and proportional to the volume that is readjusting in its main...
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The market is due for a correction, but the market never does what we want we want it, they only do it when we are not expecting. Ignoring that, looking at the chart appears to simply be a bull pennant. Break above the pennant, we will test highs and above that should trade to $395. Break below $377 and we should be heading towards $365.
Time frame: either should...