📈 Analysis and forecast for $MKR : what's next? 🚀
As of June 2, 2025, 19:20 EEST, the price of $MKR on Binance is $1747, with an increase of 9.6% over the last 24 hours. The trading volume for the day is $135.81M, market capitalization is $1.68B with a circulating supply of 890,819 tokens. The growth is due to interest in MakerDAO and the stability of DAI amid the rise of DeFi.
Technically $MKR shows bullish momentum. On the daily chart, the price broke through $1700, and the RSI (62.34) indicates a neutral zone with growth potential (according to market data). The 200-day SMA ($1386.88) supports the trend, but resistance is at $1800. Support is at $1600. A breakout at $1800 could push the price to $2000, while a drop below $1600 would strengthen the correction.
Forecast: by mid-June, MKR could reach $2000–$2200 if volume is maintained (CoinCodex). By the end of 2025, a rise to $2500–$3000 is possible (Ambcrypto), if DeFi continues to develop. The long-term target for 2026 is $3500+ (WalletInvestor), but regulatory risks and competition are threats. Historically, $MKR shows growth cycles every 3 years, with the last peak in 2021 ($5773).
Further prospects? The price of $1747 is close to resistance at $1800. A 9.6% increase in a day is a strong signal, but lock in profits at $2000. Set a stop-loss at $1600. Traders on X are waiting for a breakout at $1800 but advise watching the volumes. Given the volatility and dependence on the DAI market, trade cautiously! #MKR #Binance #CryptoAnalysis
