MakerDAO (MKR) Eyes 40% Upside After Trendline Breakout
MakerDAO (MKR) shows signs of recovery, gaining 2% recently
and 10% over the past week. Positioned near a key descending
trendline, MKR could rally up to 40% if it breaks resistance at
$1,441. Momentum indicators like the RSI and Awesome
Oscillator point to potential continued growth, while the MVRV
ratio at -25% suggests MKR may have bottomed out. However,
closing below $1,000 could weaken this outlook.
In a related update, the MakerDAO community will soon vote on
rebranding decisions, with a poll set for November 4. If
momentum continues, MKR could see strong gains ahead.
#MarketExperts #makerdao #MKR📈 #Write2Earn! #Write2earn $MKR