Maker (MKR) Faces Price Fluctuations: Price Prediction

Maker (MKR), a popular cryptocurrency, has seen its price drop by 6.93% from $1,560 to $1,448.66 in the last 24 hours, as shown by Coinpaprika data.

For the last two weeks, MKR's price mostly stayed between $1,385 and $1,488. On 27 September 2023, it briefly went above $1,488, reaching close to $1,605. But, it couldn't stay there and went back to its usual price range.

On 9 October 2023, the price fell even lower than $1,385. However, a few days later, on 19 October, it rose again, crossing the $1,488 mark. But, even after trying twice in the past 48 hours, it couldn't go beyond $1,605.

Looking at the daily charts, it seems MKR's price might go down more in the next day or two. Important signs like the daily MACD and RSI lines suggest that the price could continue to decrease in the near future.

(Below is a chart showing Maker's Price movement in the past 24 Hours https://coinpaprika.com/coin/mkr-maker/)

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