1. Price forecast #MKR
Short-term outlook: MKR price is expected to continue to rise over the next 1-2 weeks with the possibility of reaching $2,300.
Medium-term forecast: Price stabilization is predicted in the range of $2,400 - $2,600 over the next 3-6 months. 🟢Long and 🛑short scenarios with probability assessment
🟢Long script:
Probability: 70%
Reasons: Price has left the $1,780 support zone, strong trading volumes, positive RSI dynamics, the current $2,050 level is supported by the Anchored volume profile, which is favorable for growth.
🛑Short scenario:
Probability: 30%
Reasons: A pullback from the $2,200 resistance level is possible if the growth is not confirmed by volumes and if the RSI enters the overbought zone. ⚠️ Overall conclusion
Based on technical and on-chain analysis, it is recommended to consider 🟢long positions at the current price level. The main factors include increasing volumes, support at $2,050, increasing active addresses and increasing TVL. 🛑Short positions are possible on a pullback from $2,200, but the probability of such a scenario is lower. 👍 ➡️@INVESTIDEAUA INVESTIDEAUA
![](https://public.bnbstatic.com/image/pgc/202408/df4f6ca82220b6f05f2082864c3f5b1c.png)