Close Menu
Cryprovideos
    What's Hot

    Nautilus Launches Tamper-Proof Oracles on Sui Mainnet

    June 7, 2025

    Mapping Bitcoin’s Bull Cycle Potential

    June 7, 2025

    Switzerland Opens Crypto Tax Vault To 74 Nations—Particulars

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Technical Indicator Suggests DeFi Altcoin Maker (MKR) Primed for a Pullback, Based on Crypto Dealer – The Every day Hodl
    Technical Indicator Suggests DeFi Altcoin Maker (MKR) Primed for a Pullback, Based on Crypto Dealer – The Every day Hodl
    Altcoins

    Technical Indicator Suggests DeFi Altcoin Maker (MKR) Primed for a Pullback, Based on Crypto Dealer – The Every day Hodl

    By Crypto EditorFebruary 23, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    A technical evaluation indicator suggests the decentralized finance (DeFi) altcoin Maker (MKR) may very well be poised for a correction, in accordance with a well-liked crypto analyst.

    Dealer Ali Martinez tells his 128,100 followers on the social media platform X that MKR’s Tom DeMark (TD) sequential indicator flashed a bearish sign on its 12-hour chart.

    Merchants use the TD Sequential Indicator to foretell potential development reversals for tokens primarily based on the closing costs of their 13 earlier bars or candles.

    “Maker MKR may very well be gearing up for a pullback, because the TD Sequential indicator flashes a promote sign on the 12-hour chart!”

    Image
    Supply: Ali Martinez/X

    MKR is buying and selling at $1,441 at time of writing. The Eighty fifth-ranked crypto asset by market cap is down almost 1.5% prior to now 24 hours however is up almost 45% prior to now seven days.

    Martinez additionally shares his outlook on the newly rebranded layer-1 blockchain Sonic (S), which was beforehand generally known as Fantom.

    “I’m wondering if Sonic has simply accomplished a mini market cycle and is now getting into the ‘nervousness’ section.”

    Image
    Supply: Ali Martinez/X

    S is buying and selling at $0.854 at time of writing. The Fiftieth-ranked crypto asset by market cap has been buying and selling sideways prior to now day however is up almost 56% prior to now week.

    Martinez additionally notes that crypto whales have been accumulating Ethereum (ETH).

    “Whales have gathered one other 140,000 Ethereum ETH within the [24 hours]!”

    Image
    Supply: Ali Martinez/X

    At time of writing, ETH is price $2,679.

    The dealer additionally says deep-pocketed traders are gobbling up the funds altcoin XRP.

    “Whales purchased over 20 million XRP within the [24 hours]!”

    Image
    Supply: Ali Martinez/X

    XRP is buying and selling at $2.53 at time of writing and is down greater than 5% prior to now 24 hours.

    Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

    Verify Value Motion

    Observe us on X, Fb and Telegram

    Surf The Every day Hodl Combine

    &nbsp

    Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses chances are you’ll incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in affiliate marketing online.

    Generated Picture: Midjourney





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Switzerland Opens Crypto Tax Vault To 74 Nations—Particulars

    June 7, 2025

    Singapore’s Tightening Crypto Laws May Power Companies to Relocate | UseTheBitcoin

    June 7, 2025

    XRP Crashes 22% After Ripple-SEC Settlement Denied

    June 7, 2025

    Kiyosaki Pushes Bitcoin, Silver as Trump-Musk Feud Roils Markets | US Crypto Information

    June 7, 2025
    Latest Posts

    Mapping Bitcoin’s Bull Cycle Potential

    June 7, 2025

    Kiyosaki Pushes Bitcoin, Silver as Trump-Musk Feud Roils Markets | US Crypto Information

    June 7, 2025

    Metaplanet Targets 210K BTC With $5.4B Fairness Elevate – Bitbo

    June 7, 2025

    Bitcoin: Uber accelerates in direction of digital funds with stablecoin

    June 7, 2025

    Bitcoin Sees Adverse Funding On Binance – A Traditional Setup For A Quick Squeeze?

    June 7, 2025

    Bitcoin ETF Issuers VanEck, 21Shares and Canary Ship Letter to SEC

    June 7, 2025

    Metaplanet’s Bitcoin Wager Simply Acquired Greater—Right here’s What Modified

    June 7, 2025

    UK FCA Strikes to Permit Retail Bitcoin ETN Entry – Bitbo

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto whale liquidated for $308M in leveraged Ether commerce

    March 12, 2025

    Pakistan faucets Binance co-founder Changpeng Zhao to steer its journey into digital finance innovation

    April 7, 2025

    JPMorgan Predicts $14 Billion Inflows For Proposed Crypto ETFs If Authorised By US SEC

    January 15, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.