Crypto Rating presents Maker price forecast and prediction for today, July 11, 2020. These forecast includes short-term price predictions (day, week, month) as well as long-term predictions (1-5 years) thus providing crypto investors basic guidelines.
Before revealing our algorithm's comprehensive analysis and predictions we recommend the potential investors to focus on the Volatility Index. It's one of the main things to be taken into consideration during Maker's investment assessment. The Volatility Index reflects monthly price fluctuations within the 10% range. Our price prediction algorithm calculates the average monthly price for Maker and analyzes the number of deviations in the indicated range.
The MKR's Volatility Index for the current month is 528. Such a high Volatility Index indicates that Maker fluctuates dramatically in terms of average monthly price. It means Maker investments include high risks and unpredictable results. But in terms of swing trading or short-term trading this cryptocurrency is highly suitable and recommended.
The current Maker price is $465.25, its circulating supply is 1 005 577 MKR. Our machine learning algorithm gives a target price of $484.02 for tomorrow which means 4.03% change from the current price.
After examining the Maker market capitalization, 7 days volume and historical data our algorithm predicts that MKR price will be $261.55 in 1 week. That is -43.78% from the current level.
Our AI algorithm expects the price of MKR to be $613.33 in 1 month, 31.83% change. Our deep learning algorithm predicts the MKR price will be at $547.76 in 6 months. Analysis of the cryptocurrency market shows that Maker price may reach $508.30 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that MKR will stay around $387.04 in 2021, $508.30 in 2022, $704.71 in 2023, $946.45 in 2024 and $1 424.11 in 2025.
While creating the Maker forecast our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $547.76 and lowest possible predicted price is $522.66.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Maker has the potential to stay within "survivors" team. Our Maker short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Maker Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Maker forecast updated daily. You can also check other cryptocurrency price prediction here.
|5 years||$1 424.11||206.10%|
What is the current price of Maker (MKR)?
The current price of Maker is $465.25.
What is the current market capitalization of Maker (MKR)?
The current market capitalization of Maker is $467 849 208.
What will be the price of Maker (MKR) Tomorrow?
Our algorithm forecasts that the price of Maker will reach $484.02 tomorrow.
In 1 year from now what will 1 Maker be worth?
As per the forecast and algorithmic analysis, the the price of 1 Maker will be around $387.04.
Is it profitable to invest in Maker (MKR)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Maker (MKR) as a short term investment. Maker can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Maker be growing in the Future?
Maker is potentially one of the most profitable among digital coins.
How high can the Price of Maker go?
Our algorithm forecasts that the price of Maker will reach $1 424.11 by 2023.
Is Maker (MKR) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Maker now.
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|Сryptocurrency||Volatility index||Price||Change, 24h|