Maker whale activity surges by 1400% – Time for MKR’s price to break out?

Quick Summary:

For Maker to confirm a bullish breakout, it needs to flip the resistance at $1,550.

On the derivatives market front, traders have been uncertain towards Maker.

Maker’s Network Value to Transaction (NVT) ratio declined from 121.47 to 13.17 over the last two days, indicating that there has been a surge in transactions on the network.

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Article Details

Author / Journalist: Muthoni Mary

Category: Crypto

Markets: United States

Topics: Ambcrypto News 1 Social Altcoin Trading View News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 06:30:44 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 670 words

Reading Time: 4 minutes read

Sentences: 37 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23731002

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 25 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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