MKR

Price: 1839 USDT

24H High: 1885 USDT

24H Low: 1804 USDT

EMA(7): 1573 (Short-term moving average)

EMA(25): 1787 (Medium-term moving average)

EMA(99): 1778 (Long-term moving average)

Support and Resistance Levels:

1. Support:

1778-1787: EMA(25) and EMA(99) levels, short-term strong support.

1600-1650: Psychological support level (tested in previous declines).

1000: Major support level (previous low).

2. Resistance:

1900: Weekly high and tested resistance.

2000: Psychological resistance level.

2300-2400: Critical resistance zone in the long term.

Closing with this Week's Candle:

If the week closes around 1839, it will have closed above the EMA (25) and EMA (99) levels. This may indicate that the upward momentum is strengthening.

Scenarios for the Next Week:

1. Positive Scenario (Rise):

If the price breaks the 1900 level, it may accelerate towards the 2000 level in the short term.

A close above 2000 with increasing volume may lead to a test of the 2300-2400 levels.

2. Neutral Scenario (Consolidation):

The price may fluctuate between 1780-1900.

It may find support from the EMA (25) and EMA (99) levels and gather strength.

3. Negative Scenario (Decline):

If the price falls below 1778, a pullback to 1600-1650 levels can be expected.