📈LONG: $MKR (1W)
Current Price $1727.24
Market Cap $1.53B
Change 1h +1.34% | 24h -13.00%
Weekly Indicators:
• RSI: 48 - Neutral 🟠
• MACD: -212 - Bearish 🔴
• EMA: 1826 - Trading Below 🔴
Analysis:
MKRUSD has been climbing, with local highs in July and November 2024. The recent pullback after touching the SMA gives a good buy chance. Expect a potential bounce back as the upward trend progresses.
Price Targets:
Look for a bounce to $2,197.72 initially. If the momentum continues, aim for $2,891.86, and eventually $3,926.12.