Near long term resistance, under sell off resistance, RSI has higher lows. Good buy opportunity.
I think we've found the short term bottom. Depends on if BTC is positive of course. Goal: $600
Maker coin has a lot of buying power right now... it could possibly not be too late at all to jump aboard for some nice gains 🚀🚀🚀🤑
Nothing too serious just watching mkr regain some price and watching the volume.
On a 1D TF, MKR/USDT is in a Descending triangle, broke up with huge volume. (Note: Typical a descending triangle is a bearish pattern). Due to CBPRO listing, MKR broke out of the descending triangle pattern couple of days back and now it retested the 0.618 FB which is 511$ will definitely act as a strong support. One should consider entering this as an...
MKRUSD's movement has been very confusing for me.. It doesn't seem to react much to BTC so just a guess long term.
Might have a crazy pump in the coming days because of that coinbase pro listing would keep an eye on it.
Seems like this may be a break out with a little retest??? CBP Listing in two days!
This is a possibility with everything coming out next week for MKR seems like this could play out nicely..
If this support holds around .236 area I think this will go up from here until the post CBP Pump.
MakerDAO is the favorite of the decentralized dollar projects. DAI is going to be important in spreading a stablecoin into regions of the world that have no physical bank locations. In 3rd world countries, people will never have to interact with a bank like JP Morgan. They'll leapfrog to platforms built on top of DAI and BTC that have everything a traditional bank...