Maker to US Dollar
- By date
- Metadoro first
Maker (MKR) is down by 12.5% this week, trading at $1,447, underperforming the broader crypto market, where Bitcoin (BTC) has lost 6.4%, now priced at $61,300.
Despite this short-term decline, Maker continues to show promising long-term potential with ongoing development and expansion plans. The project is undergoing a major rebranding, and Grayscale's introduction of the MakerDAO Trust in August indicates increasing institutional demand for Maker’s products.
From a technical perspective, MKR has been forming a falling wedge pattern since April 4, which often signals an upcoming bullish reversal. With this in mind, a strong rebound could be on the horizon, potentially pushing the token towards the $2,000 mark and possibly breaking through the downtrend’s resistance.
| Ticker | MKRUSD MKR/USD |
| Contract value | 1 Maker |
| Maximum leverage | 1:10 |
| Date | Short Swap (%) | Long Swap (%) | No data |
|---|
| Minimum transaction volume | 0.1 lot |
| Maximum transaction volume | 100 lots |
| Hedging margin | 50% |
| USD Exposure | Max Leverage Applied | Floating Margin |
|---|
