Mask crypto has fallen from recent highs and is now retesting the trendlyne and looks good for accumulation and swing trade in medium term.
In this article, we will look at Mask crypto current price analysis along with weekly analysis and news roundup.
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Table of Contents
Mask Crypto Price Target
- Current Price: $2.05
- Market Cap: $197.82 million
- 24-Hour Trading Volume: $40.78 million
- Total Supply: 100 million MASK
- Circulating Supply: 96.28 million MASK
Retesting on the trendline.
Weekly Price Analysis
- 7-Day Price Change: -5.90%
- Week Open Price: $2.18
The trendlyne will act as a support once the crypto breaks above the level and will push the crypto coin to a bounce.
Technical Indicators
- Relative Strength Index (RSI): 45.8 (Neutral)
- Moving Average Convergence Divergence (MACD): Signal Line slightly above the MACD line, indicating a potential bearish trend.
- Bollinger Bands: Price hovering near the lower band, indicating potential oversold conditions.
News Roundup
- Market Sentiment: The sentiment around MASK has been relatively neutral, with price volatility seen over the past week.
- Developments: MASK continues to see integration on multiple exchanges, expanding its accessibility and liquidity. No major partnership or development news was reported this week.
Conclusion
MASK Network has shown a slight decline over the past week, with technical indicators suggesting a neutral to slightly bearish outlook. However, the proximity of the price to the lower Bollinger Band may indicate a potential buying opportunity for traders looking to enter at a lower price point.
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