MKR eyes a 54% gain as bullish momentum builds, with a potential target of $2,203. AMBCrypto analyzes MKR’s upward trend and strong interest.
MKR was showing strong upward momentum after breaking out of a bullish pattern, though it was facing a minor resistance level.
Recently, it broke out of this pattern, boosting its market capitalization by 11.48% to $1.24 billion. However, if it breaks through this level, MKR could see a substantial gain of 56.91%, targeting $2,203. OI tracks the volume of active, unsettled derivative contracts, and the increase indicates that long traders currently hold more positions, potentially pushing the asset’s price higher.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Bitcoin needs 54 million investors to jumpstart its rallyBTC has declined over the past week by 1.67%. Bitcoin number of individual investors must remain above 54 million for it to rally
Read more »
Blair says he never knew CSIS warrant sat in his office for 54 daysThe former public safety minister testified that CSIS intelligence briefs on targeting of Conservatives MPs were not shared with him
Read more »
TSMC Q3 profit rises 54%, better than forecastsTaiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of...
Read more »
'Children With Food On Their Face': 54 Things That Are Normal But Actually Gross“He’ll sometimes hold the dog poop bag in his hands to warm his hands.”
Read more »
Alberta premier hopes for more than 54% support in Saturday's UCP leadership reviewUnited Conservative Party members vote Saturday on Alberta Premier Danielle Smith's leadership, during the party's annual general meeting in Red Deer, Alta.
Read more »
Here's who Burnaby students voted for in the provincial electionYoung people from 54 schools across the city participated in Student Vote's 2024 mock election.
Read more »