MKR has a dominance of 0.08% and is the 48th most popular crypto. Recently, it witnessed a decline in price and market cap by 2.90% in the last 24 hours and is now valued at $1.69 Billion.
Maker price over daily timeframe showed that the peak of $4075.00 was built in the first quarter of 2024, which displayed humongous gains. Thereon, the MKR price had fallen into a declining channel and has followed it for nearly the next two quarters of 2024.
This week, the price has landed critical support, and if it resurges from that level. Then it could propel higher towards the upper border of the wedge.