#MAKER : BlackRock is the Reason of #100xGem ⁉️
.
.
.
.
Maker ( $MKR ) has proven to be one of the strongest cryptocurrencies, showing resilience against market fluctuations. Since June 7th, MKR has seen a bullish trend, with a 37% increase against Bitcoin. This strength is attributed to a solid project foundation, the Real World Assets (RWA) narrative, significant trader involvement, and possible market manipulation.
A notable development is Maker's allocation of $1 billion to on-chain treasuries, including investments with Securitize, a firm tied to Black Rock. This connection to Black Rock and the RWA narrative is a bullish signal for MKR's future.
Currently, MKR is facing significant resistance at the 2650-2700 level. While buying now may not be advisable due to this resistance, the long-term outlook is positive with the development of tokenized funds and the RWA narrative.
✅ Price Prediction:
An analyst remains bullish on MKR but anticipates initial resistance at 2650-2700. A possible scenario involves MKR dropping to 2500-2400 before breaking out to 2900-3000. The 2750 level is a crucial breakout point to watch.
