Maker (MKR) price could soon plummet as rising wedge forms

The Maker price has been in a consolidation mode in the past few days as investors assess the strength of the DeFi industry and its Dai stablecoin. MKR is trading at $1,544, which is in the same range it has been recently. This price has risen by more than 64% from its lowest level last week. It now has moved to over $1.4 billion, making it the 51st biggest coin in the world.
MKR rally fizzles
Maker is the biggest DeFi platform in the world with more than $10.5 billion locked in its ecosystem. I