Mask Network (MASK): How Does the Chart Look Friday?

Friday, June 02, 2023 04:06 PM | InvestorsObserver Analysts

Mask Network receives a strong long-term technical score of 85 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. MASK currently holds a superior long-term technical analysis score than 85% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Mask Network a 85 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Mask Network!

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Trading Analysis

The current trading price of $4.570000000 for MASK is -$0.0500000 (-1.09%) below the tokens 100-day moving average of $4.620000000. MASK meanwhile is $3.6000000 (-659.11%) above its 52-week low of $0.980000000 and -$2.59000000 (-75.77%) under its 52-week high price of $7.160000000. Mask Network's current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 85. The price movement and range of MASK suggest that investors are neutral on the token at this time. Mask Network has a market capitalization of $375,426,245.75 and a relatively average average daily volume with $816,949,982.58 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, MASK's volume is below its seven day average with 123,643,796.84 exchanged. This token's subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.

Summary

Trading patterns over the last year for Mask Network leads to the token's a strong long-term technical score of 85 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Mask Network (MASK).