Site icon CoinDCX-Blog

Maker (MKR) Technical Analysis: MKR Price Aims to Hit INR 2,00,000 This Month!

Maker Technical Analysis



The MKR price consolidated healthily during the last few days of March and quickly jumped into action at the beginning of April. The price constantly flipped from the immediate support and for a couple of days, it maintained a steep surge beyond INR 184040.67. Woefully, the asset is experiencing a slight pullback which may be a temporary one. Further, the price could continue with the uptrend and later again end up plunging hard.

Short-Term The price has surged high and currently experiencing a slight pullback as the buyers appear to be a little exhausted
Mid-Term A notable buying volume has already mounted up that may prevent the price from plunging drastically in case of a price drain
Long-Term The MKR price is displaying huge bullish momentum and may continue to maintain a similar pace to surpass INR 188566.26 at the earliest


Source: Tradingview


Source: Tradingview

Investing had never become so easy and simple with CoinDCX’s Crypto Investment Plan. You can invest in your desired crypto in simple weekly installments. Therefore, start in Bitcoin & other cryptos with Crypto Investment Plan now!

Read detailed technical analysis of Maker MKR coin here.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to .
The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


Exit mobile version