MKR is heading to the support area of $3200, this is a strong support area and can completely help MKR increase strongly in the near days to the areas of $4000, $4800 and $6400. But if it loses the $3200 area, then the $2800 area is the next strong support we need to pay attention to

🔴Buy : 3120-3280$. SL if B 🔴Buy : 3900-4100$ if A. SL if B
🔴Sell : 3900-4100$. SL if A 🔴Sell : 4700-4900$. SL if A 🔴Sell : 6300-6500$. SL if A
🔵Buy : 2730-2870$. SL if B
📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone

  • MakerDAO is a decentralized stablecoin platform, operating on the Ethereum blockchain.
  • By staking the MKR token, users can vote on network specs and governance initiatives, including the stability fee, collateralization rates, and assets allowed to be used as collateral, etc.
  • Users may deposit predetermined assets as collateral against which they may print the DAI stablecoin.
  • The MakerDAO platform has built an infrastructure that aims to stabilize the price of DAI at 1 USD.
  • When a user decides to deposit DAI stablecoins into her Vault and withdraw her collateral, she is also required to pay an interest, or stability fee, to the network.
  • Stability fees are also used to buy back MKR tokens from the open market, which are subsequently burnt.