{"id":459167,"date":"2023-11-22T22:42:05","date_gmt":"2023-11-22T22:42:05","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=459167"},"modified":"2023-12-06T10:04:37","modified_gmt":"2023-12-06T10:04:37","slug":"maker-price-prediction-for-today-november-22-mkr-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/maker-price-prediction-for-today-november-22-mkr-technical-analysis","title":{"rendered":"Maker Price Prediction for Today, November 22 \u2013 MKR Technical Analysis"},"content":{"rendered":"<p>The Maker price prediction shows that MKR faces the north as the 9-day moving heads to the upside suggesting additional gains.<\/p>\n<h2>Maker Market Price Statistic:<\/h2>\n<ul>\n<li>Maker price now: $1437<\/li>\n<li>Maker market cap: $1.4 billion<\/li>\n<li>Maker circulating supply: $977.6 thousand<\/li>\n<li>Maker total supply: $977 thousand<\/li>\n<li>Maker coin market ranking: #62<\/li>\n<\/ul>\n<h2>MKR\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $1650, $1700, $1750<\/p>\n<p>Support levels: $1200, $1150, $1100<\/p>\n<figure id=\"attachment_459170\" aria-describedby=\"caption-attachment-459170\" style=\"width: 1400px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-459170 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRUSD_11112023.png\" alt=\"Maker Price Prediction for Today, November 22 &ndash; MKR Technical Analysis\" width=\"1400\" height=\"744\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRUSD_11112023.png 1400w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRUSD_11112023-300x159.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRUSD_11112023-1024x544.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRUSD_11112023-768x408.png 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\"><figcaption id=\"caption-attachment-459170\" class=\"wp-caption-text\">MKRUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-maker\">MKR\/USD<\/a> is currently trading around $1437 and once it manages to stay above the 9-day and 21-day moving averages, the next target could be located at $1500 which is the crucial level for the coin. However, a push from here could send the price straight above the upper boundary of the channel while the daily low could be spotted at the $1350 support level. Meanwhile, if the current level fails to hold strong, the Maker (MKR) could slip below the lower boundary of the channel.<\/p>\n<h2>Maker Price Prediction: Would Maker Spike to the Upside?<\/h2>\n<p>The <a href=\"https:\/\/insidebitcoins.com\/news\/maker-price-prediction-for-today-november-14-mkr-technical-analysis\">Maker price<\/a> is now facing the uptrend as the coin remains above the 9-day and 21-day moving averages. Therefore, if the buyers can put more effort and push the market price above the upper boundary of the channel, MKR\/USD could hit the resistance levels of $1650, $1700, and $1750 respectively.<\/p>\n<p>On the contrary, a break below the lower boundary of the channel may bring the coin toward the critical supports at $1200, $1150, and $1100. Looking at the daily chart, Maker may begin to follow an upward trend as the 9-day MA crosses above the 21-day MA, suggesting that the coin may trade bullishly.<\/p>\n<h2>MKR\/BTC Faces the Upside<\/h2>\n<p>Against Bitcoin, the <a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" rel=\"nofollow\">Maker<\/a> price is currently hovering above the 9-day and 21-day moving averages to hit the nearest resistance at 4500 SAT. Meanwhile, unless this resistance effectively holds and the price ends up closing above it, there might not be any reason to expect a long-term bullish reversal.<\/p>\n<figure id=\"attachment_459169\" aria-describedby=\"caption-attachment-459169\" style=\"width: 1400px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-459169 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRBTC_11112023.png\" alt=\"Maker Price Prediction for Today, November 22 &ndash; MKR Technical Analysis\" width=\"1400\" height=\"744\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRBTC_11112023.png 1400w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRBTC_11112023-300x159.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRBTC_11112023-1024x544.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/MKRBTC_11112023-768x408.png 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\"><figcaption id=\"caption-attachment-459169\" class=\"wp-caption-text\">MKRBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>However, if the bears bring the coin below the lower boundary of the channel, it could refresh low under 3500 SAT, while a possible bearish continuation may hit the support at 2800 SAT and below. Meanwhile, if the Maker price heads toward the upper boundary of the channel, it could hit the potential resistance at 5000 SAT and above.<\/p>\n<h2>Alternatives to Maker<\/h2>\n<p>The Maker price is showing signs of an upward trajectory, moving towards the upper boundary of the channel. Currently, MKR\/USD is trading above both the 9-day and 21-day moving averages, suggesting a potential bullish sentiment within the channel. Should the Maker price continue to break through additional uptrends, there&rsquo;s a possibility it could encounter resistance around the $1500 level.<\/p>\n<p>Despite Maker (MKR) being a well-established cryptocurrency recognized for its stability, the newly emerging <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\">Bitcoin Minetrix<\/a> token is currently in the presale phase, boasting an impressive fundraising achievement of over $4.2 million. 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9-day moving heads to the upside suggesting additional gains. Maker Market Price Statistic: <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/coincodex-2\" title=\"CoinCodex\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":459168,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[2624,7745,8517,7992],"class_list":["post-459167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-maker","tag-mkr","tag-mkrusd","tag-technical-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maker Price Prediction for Today, November 22 \u2013 MKR Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Maker price prediction shows that MKR faces the north 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