$MKR
Spot Code: MKR
Its daily chart shows a bullish pattern of a descending wedge contraction, with significant inflow of protective funds near the support level, and the RSI is in the oversold region. The current range of $1600 to $1500 is considered an ideal entry price. Considering the current market situation, there is a selling phenomenon before Christmas in the U.S., but typically, funds that have taken profits will re-enter after the New Year, coupled with the high probability of Trump taking office in January, which may lead to a significant increase in coin prices. Taking various factors into account, this stage is a good opportunity for bottom-fishing.
The current price of $1610 can be directly bought, and if it drops to $1500, a supplementary purchase operation can be conducted. It is expected that within a month, the price is likely to reach the first target of $2500.
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