MASK Price Near Demand Zone of $3: Extended Drop Ahead?

The post MASK Price Near Demand Zone of $3: Extended Drop Ahead? appeared on BitcoinEthereumNews.com. The Mask Network price signifies a sharp selloff, and the token has breached its essential support zone of $4 mark. Moreover, the token has delivered a follow-on decline in the form of bearish marubozu candlesticks. The trend is negative, and the token has delivered underperformance for the past weeks. Last month, the token reached a cliff of $6, but the craze did not last long, and sellers entered into the battle and led a sharp throwback of over 35% this month. At press time, the Mask Network token (MASK) price traded at $3.47 with an intraday drop of 0.56%, reflecting neutrality on the charts. It has a monthly return ratio of -22.39% and -29.80% yearly. The pair of MASK/BTC is at 0.0000545 BTC, and the market cap is $234.52 Million. Analysts are neutral and suggest that the MASK token may soon retest the round mark of $3. MASK Price Volume Profile On Daily Charts On the daily charts, the price-to-volume profile of the Mask Network highlights that the token has hovered in the downside trajectory and is willing to pull back. Following the negative market sentiments, buyers have remained trapped and have not yet been able to lead any rebound. The intraday trading volume surged over 34.67% to $50.34 Million. Price Volatility & Weighted Sentiment Outlook Amidst the range-bound price move, the token displays a significant upmove in the price volatility curve this week. The price volatility curve noted an increase of over 3.20% to 0.021. However, the weighted sentiment stayed near the midline around -0.522, replicating a neutral outlook on the charts. Social Dominance & X Followers Overview The social dominance data noted a spike and bounced over 3.40% to 0.068%, signifying a neutral outlook in the media discussion reports. Conversely, the X followers data shows stability, it stayed…

MASK Price Near Demand Zone of $3: Extended Drop Ahead?

The post MASK Price Near Demand Zone of $3: Extended Drop Ahead? appeared on BitcoinEthereumNews.com.

The Mask Network price signifies a sharp selloff, and the token has breached its essential support zone of $4 mark. Moreover, the token has delivered a follow-on decline in the form of bearish marubozu candlesticks. The trend is negative, and the token has delivered underperformance for the past weeks. Last month, the token reached a cliff of $6, but the craze did not last long, and sellers entered into the battle and led a sharp throwback of over 35% this month. At press time, the Mask Network token (MASK) price traded at $3.47 with an intraday drop of 0.56%, reflecting neutrality on the charts. It has a monthly return ratio of -22.39% and -29.80% yearly. The pair of MASK/BTC is at 0.0000545 BTC, and the market cap is $234.52 Million. Analysts are neutral and suggest that the MASK token may soon retest the round mark of $3. MASK Price Volume Profile On Daily Charts On the daily charts, the price-to-volume profile of the Mask Network highlights that the token has hovered in the downside trajectory and is willing to pull back. Following the negative market sentiments, buyers have remained trapped and have not yet been able to lead any rebound. The intraday trading volume surged over 34.67% to $50.34 Million. Price Volatility & Weighted Sentiment Outlook Amidst the range-bound price move, the token displays a significant upmove in the price volatility curve this week. The price volatility curve noted an increase of over 3.20% to 0.021. However, the weighted sentiment stayed near the midline around -0.522, replicating a neutral outlook on the charts. Social Dominance & X Followers Overview The social dominance data noted a spike and bounced over 3.40% to 0.068%, signifying a neutral outlook in the media discussion reports. Conversely, the X followers data shows stability, it stayed…