Wondering About Maker’s Latest Daily Large Transaction Count? Read to Find Out

The Hourly View for Maker

  • At the moment, MKR’s price is down $-8.84 (-0.36%) from the hour prior.
  • This is a reversal of the price action on the previous hour, in which price moved up.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
  • Of note is that the 20 hour changed directions on MKR; it is now pointing down. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Maker’s hourly price chart is shown below.

MKR

The Daily View for Maker

  • At the moment, MKR’s price is down $-6.83 (-0.28%) from the day prior.
  • Maker has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
  • Divergence between MKR’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in MKR’s price.

Below is a daily price chart of Maker.

MKR

The Latest From MKR’s Blockchain

  • MKR’s daily large transaction count now stands at 65.
  • Over the past 29 weeks, MKR’s number of daily new addresses has been in a clear downtrend, falling by about 2.04 per day.
  • MKR has a daily large transaction count of 65, up 441.67% from its value day prior.