$MKR is currently prominent in the market, with a strategic support zone at $1050 and a target level expected to reach up to $4600. The bullish momentum is reinforced by positive signals from $ETH , contributing to the ongoing trend. Additionally, closely monitoring the dominance of Bitcoin is essential, as the fluctuations of this currency often reflect the overall state of the market, providing important information about the outlook for MKR.

In previous analysis phases, we recorded impressive growth of up to 370%, indicating the continued expansion potential of this asset.