urrent Price and Performance:
- Maker (MKR) is currently trading at $1,854.27, with a 1.67% increase in the last 24 hours.
- The coin's market capitalization stands at approximately $1.85 billion.
Recent Trends:
- Over the past week, MKR has experienced a price change of -5.33%, indicating a slight decline.
- However, the 30-day performance shows a significant increase of 6.67%, and the 60-day change is 26.91%.
- According to some sources, MKR has broken out of a descending channel, signaling a potential bullish reversal.¹ ²
Technical Indicators:
- The Relative Strength Index (RSI) is currently around 46, indicating a neutral to slightly bullish sentiment.
- The Moving Average Convergence Divergence (MACD) histogram turned negative on June 19, 2025, suggesting potential downward momentum.
- Some indicators suggest a potential price drop, while others indicate a possible surge.³ ⁴
Price Predictions:
- For the next 24 hours, MKR is predicted to trade between $1,820.34 and $1,883.75.
- Some analysts predict a potential price target of $2,300 and $2,722 in the long term, while others see support levels at $1,658 and $1,533.⁵
Market Sentiment:
- The market sentiment around MKR is mixed, with some analysts predicting a bullish trend and others expecting a correction.
- The Network Realized Profit/Loss (NPL) metric has turned negative, indicating that holders are less incentivized to sell at current prices.