From a technical perspective, the price of the MKR Coin is expected to reach $3,327 based on the cup and handle model. As of now, the altcoin is valued at $2,921, and if it manages to maintain a support level of $2,700, the upward trend is likely to persist. However, the current outlook for BTC is not optimistic, and unless there is a significant increase in net entries through the ETF channel during the daily close, the negative sentiment caused by the Robinhood case may linger for some time.
