Maker (MKR) price recovered to $500 after declining below $1000.
Trading volume increased by 20% overnight and was reported at $16.5 million.
Maker token, belonging to the bitcoin pair, is up 1.3% at 0.0316 satoshis.
Marker (MKR) token price lost the key volatility zone of $1000 at the end of October. Thus since the breakdown the buyers lost control over the MKR token and the bears dominated the crypto till now. So far, buyers are barely making an effort to keep the cryptocurrency above the $500 mark.
During the downtrend, the buyers shed all-important support levels, flipping to the $620, $700, $900, and $1000 resistance areas. Bears have placed massive sell orders at bullish barriers to keep Maker (MKR) price below the $1000 conceptual round level.
Source: MKR/USDT by tradingview
Amid continues lower-lows trend, bears recorded annual low at $508, close to $500 support level. Later on, Maker (MKR) crypto price is consolidating above 500 mark but trading volume appears low for bounc
We współpracy z: https://www.thecoinrepublic.com/2022/12/31/maker-price-prediction-indicates-positives-trend-into-the-weekend-whats-next/
