Maker (MKR) technical outlook

MKR's situation is different from BIGTIME and SHIB. The price increased by 6.16% in the last 24 hours. Thus, it became one of the best performers during the said period. At the time of writing, the price of MKR was $1,950. This represents its highest value since January 4. The Awesome Oscillator (AO) on the 4-hour time frame shows that the token has the potential to reach $2,000. AO is at 79.34 as of writing. It also indicates that the current upward trend will continue. Moreover, indicators from Bollinger Bands (BB) point to high volatility. In case MKR fails to reach $2,000, a move towards $1,975 remains an option.

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