Maker

<ul><li>MKR&#39;s falling wedge signals a bullish breakout with a 46.26% potential rise, targeting $3,800 if it breaks $2,650 resistance.</li><li>Strong support at $2,140 and resistance at $2,650 define MKR&#39;s critical levels for a potential upward trend.</li><li>Maker&#39;s 7.61% 24-hour increase highlights growing interest, supporting the bullish outlook in the current pattern.</li></ul>Maker is currently forming a falling wedge pattern on the 12-hour timeframe, signaling a potential bullish breakout as highlighted by <a href="https://x.com/ZAYKCharts/status/1806178996662792674" rel="noopener noreferrer nofollow">ZAYK Charts</a>, an analyst. This pattern, often seen as a bullish reversal, is characterized by two converging trendlines that slope downwards.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfiP_CgdnkLSsyaJJbLEltUuvintUUkM_qmroVLrM57obaW-yk1sI1D3oYk4qRi6-NcfwkYkbdxSPCa6qm2iLNzd-r9Tocg5bWt26-3mQLzj9tEdb3d6P9PgZiFQqd3L-ATmOX7SNn9_HgCxhjX6BIgYYmU?key&#61;k4X81C7UaZkeL6roSWtGqg" />The lower trendline of the descending wedge is acting as a strong support level, with multiple touchpoints confirming its significance. This line has consistently provided a foundation for the price to bounce back. Moreover, the horizontal support level of around $2,140 has been a critical zone in which buying interest has repeatedly emerged, preventing further declines.<a href="https://cryptotale.org/mkr-up-7-61-can-the-price-break-above-2650-for-a-major-rally/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

MKR Up 7.61%: Can the Price Break Above $2,650 for a Major Rally?

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