Maker Price Prediction: MKR Pumps 13%, But Time Is Running Out To Buy This New AI Sensation That Experts Say Might Explode

ByEvans Karanja

Updated: 03 January 2024

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The Maker price is up 13% in the last 24 hours to trade at $1,863 as of 6:39 a.m. EST as trading volume jumped 134% to $229 million.

The Maker Price Breaks Above the Ascending Triangle Pattern

Maker Price Chart Analysis. Source: Tradingview.com — MKRUSD Chart Analysis. Source: Tradingview.com

The Maker price shows an upward move, with bulls driving it higher from the $615 support. This forms an ascending triangle pattern, indicating a continuation of the bullish trend.

Furthermore, the Maker trades above the 50-day and 200-day simple moving averages (SMAs), as the 50-day SMA is immediate support for the MKR price.

The Relative Strength Index (RSI) displays a bullish trend, bouncing back from the oversold level of 30 and currently trading above the 70 level at 79. This suggests significant buying pressure in the market.

The Maker Price Prediction

The Maker price has broken above the ascending triangle pattern, setting the price on a bull rally trajectory and achieving new highs in Q1 of 2024 as bulls target the $2400 mark.

However, bears might intervene to pull the prices down, forcing the bulls to retreat to $1580 support, coinciding with the triangle’s upper boundary.

As Maker keeps rising, investors are also turning to Launchpad XYZ before it’s too late. Experts predict its value could go up by 10 times after it launches on exchanges.

Launchpad Presale Raises $2.4 Million, Buy Fast Before the Launch

The Launchpad XYZ presale has raised over $2.4 million and is racing towards its final stage. You can get LPX tokens today at a current price of $0.0445 per token. LPX will then be listed on major exchanges.

The platform aims to streamline the Web 3.0 experience for investors across all skill levels, providing comprehensive analysis, insights, sentiment assessments, and data to facilitate decision-making.

🚀 Outsmart the market with #LaunchpadXYZ's AI insights

Elevate your #Trading game! 🔥#LaunchpadKnows #Web3 #Crypto pic.twitter.com/gcZDqATf8F

— Launchpad.xyz (@launchpadlpx) November 9, 2023

The project includes a 1% bonus for investors acquiring LPX tokens. But this incentive is time-limited, with the presale rapidly approaching its conclusion.

Get LPX Token, Stake for Passive Income

Investors can enjoy additional privileges, including guaranteed access to new NFT mints, early access to exclusive presales, and discounts on Launchpad XYZ partner products and services.

Additionally, when you hold at least 10,000 LPX tokens, you will have early-bird access to beta versions of play-to-earn games. This lets you stay informed about game development and make strategic decisions regarding in-game crypto tokens.

Launchpad XYZ is currently developing a decentralized exchange (DEX) for basic exchanges and specific perpetual contracts, aiming to facilitate leverage and short sales for traders.

This development is expected to benefit LPX token holders with reduced trading fees on the Launchpad XYZ exchange, potentially enhancing the utility and value of LPX tokens.

🌉 Cross-chain interoperability allows different blockchains to interact.

It's a key factor for broader adoption and expands possibilities in #Crypto .#Blockchain #Web3 #Bullish #Alts pic.twitter.com/hIzJtwxwM2

— Launchpad.xyz (@launchpadlpx) December 19, 2023

Alessandro De Crypto, a popular YouTuber and crypto expert, highlights Launchpad XYZ in one of his videos. He predicts that LPX could be a 1000X gem once it launches on exchanges.

https://youtu.be/3qvSMVDi4Yc

You can buy Launchpad XYZ on its official website.