MKR Price Set for 30% Swing as Triangle Approaches Key Resistance

The Maker token (MKR) is trapped within a symmetrical triangle pattern, indicating a potential price surge of up to 30%. Traders believe this move could occur due to the tightening pressure on the asset. Key Fibonacci levels at $1,505.3 and $1,196.1 are in play, where MKR has seen significant historical movements. A breakout above resistance at $1,503.52 would target $1,801.3, while a move below the support at $1,374.11 could send prices down to $1,019.75.