CandleFocus Maker Price Heats Up, Soars 12% In A Week — Is $1,850 The Next Stop?
2024-09-28
Author: Content Editor
The cryptocurrency market has been performing well, with Maker (MKR) token experiencing a 12% price increase in the last seven days. Crypto analyst Ali Martinez believes that Maker is poised for a bullish breakout based on the formation of an inverse head-and-shoulders pattern on the four-hour timeframe. Martinez also highlighted the TD Sequential indicator flashing four buy signals on the Maker three-day chart, indicating a potential price rally. This presents a critical period for accumulating Maker before its value potentially increases. Currently, the price of Maker is around $1,691, reflecting a 5% increase in the past day.
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