Maker Price Prediction for Today, April 6: MKR/USD Takes the Day as Price Aims at $800 Level

The Maker price prediction shows that MKR is currently changing hands at $718.6 as the technical indicator swings to the upside.

Maker Prediction Statistics Data:

• Maker price now – $718.6
• Maker circulating supply – 977.6 million
• Maker total supply – 977.6 million
• Maker Coinmarketcap ranking – #67

MKR/USD Market

Key Levels:

Resistance levels: $950, $1000, $1050

Support levels: $550, $500, $450

MKR/USD is still following the sideways movement as its price spikes toward the upper boundary of the channel with a gain of over 3.47%. At the time of writing, the Maker (MKR) bulls remain above the 9-day and 21-day moving averages and capped to the upside at $809.

Maker Coin Price Prediction: Maker (MKR) Could Gain More Highs

The Maker price keeps hovering above the 9-day and 21-day moving averages but the bullish rally failed to materialize above the $800 level. During the European session today, the coin failed to clear the hurdles toward the channel, but the bulls are now back in the market as they keep the coin above the moving averages. However, a bullish break toward the upper boundary of the channel could provoke a bull run which could hit the resistance levels of $950, $1000, and $1050 respectively.

Nevertheless, the daily chart reveals that MKR/USD may tend to move higher as the technical indicator moves to cross above the 50-level. Nevertheless, if the buyers failed to push the coin to the upside, it could slide below the lower boundary of the channel to hit the support levels of $550, $500, and $450.

When compares with Bitcoin, the Maker price may likely continue to move toward the upper boundary of the channel in other to reach the nearest resistance at 3000 SAT. Unless this coin crosses above this level and the price ends up closing above it, there might not be any reason to expect a bullish continuation. Any further bullish movement could reach the resistance level of 3800 SAT and above.

On the contrary, if the coin slide below the lower boundary of the channel could meet the major support at 1600 and below. Meanwhile, the technical indicator Relative Strength Index (14) remains above the 40-level to increase the bullish movement.

Maker Alternatives

At the moment, the Maker (MKR) is making a gain of almost 3.47% and touches the daily high of $809. However, the crypto is managing to keep its price above the 9-day and 21-day moving averages. Meanwhile, traders can expect Maker to prepare itself steadily for a ride toward the upper boundary of the channel. However,  Love Hate Inu seeks to harness its Ethereum blockchain technology by providing immutable and secure poll and survey results that cannot be manipulated in any form, having now raised close to $3.5m.