{"id":350067,"date":"2022-10-07T14:15:44","date_gmt":"2022-10-07T18:15:44","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=350067"},"modified":"2022-10-07T14:18:26","modified_gmt":"2022-10-07T18:18:26","slug":"mkrusd-price-prediction-resistance-level-of-879-may-hold-pullback-envisaged","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/mkrusd-price-prediction-resistance-level-of-879-may-hold-pullback-envisaged","title":{"rendered":"MKRUSD Price Prediction: Resistance Level of $879 May Hold, Pullback Envisaged"},"content":{"rendered":"

MKRUSD may retest $693 level<\/h2>\n

MKRUSD Price Analysis – October 07<\/h2>\n

An increase in MKRUSD (Maker)<\/a> price depend on the buyers’ momentum in which when increased may break up the resistance level of $879, and the price may increase to $926 and $977 resistance levels.<\/p>\n

MKR\/USD Market<\/h2>\n

Key levels:<\/h2>\n

Resistance levels: $879, $926, $977<\/p>\n

Support levels: $783, $696, $591<\/p>\n

 <\/p>\n

MKRUSD Long-term trend: Bullish<\/h2>\n

On the long-term outlook, MKRUSD is bullish. The bearish trend that commenced at the resistance level of $826 landed the price at the support level of $591. The former support levels of $977, $926 and $879 have turned to resistance levels. On September 22, a bullish engulfing candle formed which triggered a bullish trend. The resistance levels of $696 and $783 was penetrated upside. The coin is exposes to $879 level at the moment.<\/p>\n

\"\"<\/p>\n

Buyers have successfully placed the coin above the two dynamic resistance levels. The trading of Maker (MKR) above 21 periods EMA and the 9 periods EMA may continue. An increase in MKR (Maker) price depend on the buyers’ momentum in which when increased may break up the resistance level of $879, and the price may increase to $926 and $977 resistance levels. However, the relative strength index period 14 is at 67 levels and the signal lines pointing upside to indicate an increase in Maker price.<\/p>\n

Buy MKRUSD Now<\/strong><\/span><\/a>\n<\/p>

 Your capital is at risk<\/em><\/p>\n

 MKRUSD medium-term Trend: Bullish<\/h2>\n

MKRUSD is bullish on the medium-term outlook. The crypto found support at $591 level. The sellers’ pressure failed. The price bounced up and steadily increases as the buyers’ pressure increase. It penetrated $783 resistance level and tested $879 level. It is ranging within $879 and $738 levels at the moment.<\/p>\n

\"\"<\/p>\n

The currency is trading above the 21 periods EMA and 9 periods EMA to indicate that the Bulls are in control of the MKR market. The relative strength index period 14 is at 59 levels and the signal lines pointing up to indicate buy signal.<\/p>\n\n \n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

MKRUSD may retest $693 level MKRUSD Price Analysis \u2013 October 07 An increase in MKRUSD (Maker) price depend on the buyers\u2019 momentum in which when […]<\/a><\/div>","protected":false},"author":1742,"featured_media":350070,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[7596],"tags":[8205,8517,7992],"acf":[],"yoast_head":"\nMKRUSD Price Prediction: Resistance Level of $879 May Hold, Pullback Envisaged - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"An increase in MKRUSD (Maker) price depend on the buyers\u2019 momentum in which when increased may break up the resistance level of $879\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/350067\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MKRUSD Price Prediction: Resistance Level of $879 May Hold, Pullback Envisaged\" \/>\n<meta property=\"og:description\" content=\"An increase in MKRUSD (Maker) price depend on the buyers\u2019 momentum in which when increased may break up the resistance level of $879\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-07T18:15:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-07T18:18:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/10\/1-hour-10.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1514\" \/>\n\t<meta property=\"og:image:height\" content=\"655\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/350067#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/350067\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"MKRUSD Price Prediction: Resistance Level of $879 May Hold, Pullback Envisaged\",\"datePublished\":\"2022-10-07T18:15:44+00:00\",\"dateModified\":\"2022-10-07T18:18:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/350067\"},\"wordCount\":326,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"keywords\":[\"Marketing\",\"MKRUSD\",\"Technical Analysis\"],\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/350067#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/350067#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/350067\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/350067\",\"name\":\"MKRUSD Price Prediction: Resistance Level of $879 May Hold, Pullback Envisaged - 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