MASK USDT Mask Network Technical Analysis

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By Frans van Elst

Mask Network logo In this Mask Network technical analysis, we will examine the current price action, trading volume, key levels and indicators for MASK-USDT. Mask Network is a decentralized platform that enables users to create and manage their own digital identities, while maintaining privacy and security. The platform utilizes advanced cryptographic techniques such as zero-knowledge proofs and homomorphic encryption to protect user data. With Mask Network, individuals can have greater control over their personal information and how it is shared online.

Mask Network Price Overview:

As of May 22, 2024, Mask Network is trading at approximately 3.465 USDT. Let’s dive into the detailed price action for MASK-USDT:

Navigate Mask Network’s (MASKUSDT) upward trajectory at 3.46 USDT with bullish technical analysis, highlighting strong support and promising indicators.

Metric Value
Open (O) 3.556
High (H) 3.565
Low (L) 3.393
Close (C) 3.465
Volume (C) 1,363,615.20
  • Open (O): The opening price for today’s trading session was approximately 3.556 USDT.
  • High (H): Mask Network reached a daily high of around 3.565 USDT.
  • Low (L): The daily low for MASK-USDT was approximately 3.393 USDT.
  • Close (C): At the time of analysis, Mask Network is trading near its daily close of 3.465 USDT.
Metric Value
1D Change (%) -2.56%
3D Change (%) 6.75%
7D Change (%) 5.67%
30D Change (%) -4.39%
90D Change (%) -19.96%
YTD Change (%) -3.83%

Over the past three days, MASKUSDT has risen by approximately 6.75%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 5.67%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with MASKUSDT maintaining a downward trend of approximately -4.39%, despite intermittent fluctuations. Examining the last 90 days, MASKUSDT has witnessed substantial drop of approximately -19.96%, reflecting strong long-term confidence. Year-to-date, MASKUSDT has steadily depreciated by around -3.83%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Mask Network Live Chart:

You can access a live price chart for MASK-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.

Price Volatility and Momentum:

  • Volatility score is 0.53775.
  • Momentum score is 0.09583.

MASK USDT Technical Analysis

Mask Network Trading Volume:

The trading volume for Mask Network (MASK) over the past 24 hours has been significant, with approximately 1,363,615.20 USDT traded against MASK. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): MASK is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Mask Network is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for MASK-USDT is currently in the neutral zone, around 46.8375. This suggests that Mask Network is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

Mask Network (MASK-USDT) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the neutral RSI and significant trading volume are neutral signals for potential sideways movement.

Navigate Mask Network’s (MASKUSDT) upward trajectory at 3.46 USDT with bullish technical analysis, highlighting strong support and promising indicators.

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

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