Is MKR Price Gearing Up For $5000?

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Maker has a market cap of $2.6 Billion and is ranked 45th in the Coinmarket cap. MKR has a total supply of 977631 in which 92.5% is circulating in the market. MKR token is currently trading at a price of $2819 with a slight dip of 1.4% in the intraday session. The asset price is currently trading in between the 50 and 100 EMA. MKR upside trend can see a halt near the value of $3000. The support of the asset price can be seen near $2500.