- The MKR price is facing a continuous downtrend. The bulls fail to reverse the trend.
- The Crypto asset has fallen below 20, 50, 100 and 200-days Daily Moving Average.
- The MKR/BTC pair is at 0.04121 BTC with a loss of 1.55%.
Maker គឺជានិមិត្តសញ្ញាអភិបាលកិច្ចនៃ MakerDAO និង Maker Protocol រៀងគ្នាជាអង្គការវិមជ្ឈការ និងជាវេទិកាកម្មវិធី ទាំងផ្អែកលើ Ethereum blockchain ដែលអនុញ្ញាតឱ្យអ្នកប្រើប្រាស់ចេញ និងគ្រប់គ្រង DAI stabilitycoin ។
The MKR price is facing a continuous down trend even after the bull‘s attempt for trend reversal. The graph shows the bulls are putting efforts but their efforts are of no use as the beards are dominant over the market. The MKR bulls need more support to overcome this bearish rally. The price slumped 15.33% in 3 days and is still falling. The whole market is suffering from this bearish rally, the investors are waiting for the trend reversal to make an entry in the market.
The current price for one MKR coin is trading at $1148.45 with a loss of 5.43% in its market capitalization in the last 24 hrs. The coin has a trading volume of 99 million with a gain of 2.52% in the 24 hrs trading session and a market cap of 1.1 billion with a loss of 5.07% in it. The volume market cap ratio is 0.08858.
Let’s See What do Technical Indicators Suggest about MKR?
The technical indicators are indicating a bearish movement further as the MACD line just made a negative cross over the MACD signal line which means a bearish rally to cone further.
The relative strength index is also moving slowly towards the oversold region indicating the increase in selling. The RSI value is nearly equal to 40.
សន្និដ្ឋាន
The MKR price is facing a continuous downtrend even after the bull‘s attempt for trend reversal. The MKR bulls need more support to overcome this bearish rally. The investors are waiting for the trend reversal to make an entry in the market.
កំរិតបច្ចេកទេស
កម្រិត Resistance: ២,០០ ដុល្លារនិង ២.៥០ ដុល្លារ
កំរិតគាំទ្រ៖ ១.៥០ ដុល្លារនិង ១,៤០ ដុល្លារ
ការមិនទទួលខុសត្រូវ
ទស្សនៈ និងគំនិតដែលសរសេរដោយអ្នកនិពន្ធ ឬមនុស្សណាម្នាក់ដែលមានឈ្មោះក្នុងអត្ថបទនេះគឺសម្រាប់តែគំនិតព័ត៌មានប៉ុណ្ណោះ ហើយពួកគេមិនបង្កើតហិរញ្ញវត្ថុ ការវិនិយោគ ឬដំបូន្មានផ្សេងទៀតទេ។ ការវិនិយោគលើ ឬជួញដូរទ្រព្យសកម្មគ្រីបតូមកជាមួយហានិភ័យនៃការបាត់បង់ហិរញ្ញវត្ថុ។
Source: https://www.thecoinrepublic.com/2022/06/05/maker-price-analysis-mkr-needs-to-attract-more-buyers-as-the-bears-are-still-dominating/