MAKER - MKR/USDT

1,429.32 USDT (-1.18%)

03/28/2025 - 22:26 Open Real time data - CoinMarketCap

Open:	1,446.19
Change:	-17.00
Volume:	0

Low:	1,399.28
High:	1,481.20
High / Low range:	81.92

Type:	Cryptocurrencies
Ticker:	MKRUSDT
ISIN:

MAKER - MKR/USDT - Daily - Technical analysis published on 02/14/2023 (GMT)

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02/14/2023 - 21:21
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Londinia

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Timeframe : Daily
- Analysis generated on 02/14/2023 - 21:21
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 714.18 USDT

My targets

779.47 USDT (+6.44%)

914.78 USDT (+24.91%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on MAKER - MKR/USDT. This is a positive signal for buyers. As long as the price remains above 714.18 USDT, a purchase could be considered. The first bullish objective is located at 779.47 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 914.78 USDT as an objective. Crossing it would then enable buyers to target 1,111.93 USDT. In the event of a return below 714.18 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by leron. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

MAKER - MKR/USDT rating 732.33 USDT. The price is lower by -4.84% since the last closing and was traded between 728.96 USDT and 774.10 USDT over the period. The price is currently at +0.46% from its lowest and -5.40% from its highest.

728.96

774.10

732.33

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of MAKER - MKR/USDT in Daily shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	504.22	592.95	714.18	732.33	779.47	914.78	1,111.93
Change (%)	-31.15%	-19.03%	-2.48%	-	+6.44%	+24.91%	+51.83%
Change	-228.11	-139.38	-18.15	-	+47.14	+182.45	+379.60
Level	Minor	Major	Intermediate	-	Major	Minor	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	557.19	607.55	688.54	738.90	819.89	870.25	951.24
Camarilla	733.42	745.46	757.50	769.54	781.58	793.62	805.66
Woodie	572.52	615.21	703.87	746.56	835.22	877.91	966.57
Fibonacci	607.55	657.72	688.72	738.90	789.07	820.07	870.25

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	519.50	598.21	660.62	739.33	801.74	880.45	942.86
Camarilla	684.22	697.16	710.09	723.03	735.97	748.90	761.84
Woodie	511.35	594.14	652.47	735.26	793.59	876.38	934.71
Fibonacci	598.21	652.12	685.42	739.33	793.24	826.54	880.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	283.29	392.79	524.21	633.71	765.13	874.63	1,006.05
Camarilla	589.39	611.47	633.56	655.64	677.72	699.81	721.89
Woodie	294.26	398.27	535.18	639.19	776.10	880.11	1,017.02
Fibonacci	392.79	484.82	541.68	633.71	725.74	782.60	874.63

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	56.54
MACD (12,26,9):	23.5500
Directional Movement:	12.61
AROON (14):	50.00
DEMA (21):	738.72
Parabolic SAR (0,02-0,02-0,2):	808.88
Elder Ray (13):	34.35
Super Trend (3,10):	634.82
Zig ZAG (10):	729.57
VORTEX (21):	1.0700
Stochastique (14,3,5):	54.17
TEMA (21):	740.19
Williams %R (14):	-45.26
Chande Momentum Oscillator (20):	61.32
Repulse (5,40,3):	-1.1000
ROCnROLL:	1
TRIX (15,9):	0.4900
Courbe Coppock:	20.07

MA7:	730.47
MA20:	699.52
MA50:	646.63
MA100:	640.97
MAexp7:	727.65
MAexp20:	707.48
MAexp50:	674.95
MAexp100:	684.51
Price / MA7:	+0.25%
Price / MA20:	+4.69%
Price / MA50:	+13.25%
Price / MA100:	+14.25%
Price / MAexp7:	+0.64%
Price / MAexp20:	+3.51%
Price / MAexp50:	+8.50%
Price / MAexp100:	+6.99%

Quotes : 02/14/2023 - 21:21 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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