Maker (MKR) has experienced a 4.58% increase against the US Dollar today, while it decreased by 3.50% against Bitcoin. Despite the recent gains, the market sentiment remains pessimistic, as MKR is expected to drop by 11.63% in the next five days, reaching a price of $1,857.65 by March 3, 2024, according to our Maker price prediction.

In the last 30 days, Maker has displayed a positive trend, gaining 6.75%. However, the medium-term trend remains bullish, with MKR increasing by 45.65% in the last three months. The long-term picture for Maker is also positive, as it is currently displaying a 178.65% one-year price change.

The sentiment in the Maker markets is currently bullish, with the Fear & Greed index reading Greed. Key support levels to watch are $2,061.26, $2,019.82, and $1,998.42, while key resistance levels are $2,124.10, $2,145.50, and $2,186.93.

The cryptocurrency market is currently experiencing Greed, signaling a positive outlook. However, it is essential to monitor the market sentiment, key support and resistance levels, and other metrics moving forward. The cryptocurrency markets are unpredictable, and even the largest crypto assets display significant price volatility.