- MASK was able to rise 1.38% over the past 24 hours to trade at $3.78 at press time.
- This positive daily movement resulted in MASK flipping $3.690 and $3.755 into support.
- Continued buy pressure may result in MASK breaking above the next resistance at $3.830 in the next 24 hours.
Mask Network (MASK) has earned itself a spot on CoinMarketCap’s trending list after it was one of the few cryptocurrencies that saw its price rise over the past 24 hours of trading. According to the market tracking website, MASK was trading at $3.78 after its price rose by about 1.38% throughout the past day.
This meant that, at press time, MASK was trading close to its 24-hour high of $3.86. Meanwhile, MAKS’s 24-hour trading volume stood at $115,819,000 after it decreased by 9.10%.
Not only did MASK gain against the Dollar, it was also doable to outperform the two market leaders Bitcoin (BTC) and Ethereum (ETH) over the past 24 hours. At press time, MASK was up 5.69% against BTC and was up 5.76% against the largest altcoin by market cap.
The altcoin’s price rise also ended up pushing its weekly performance even further into the green to +10.04%. Additionally, MASK’s thirty day performance was also positive, and stood at +12.68%. The crypto’s market cap of $310,007,005 meant that MASK was ranked as the 105th biggest crypto in terms of market capitalization.
MASK experienced a more than 7% move over the past 4-8 hours, which resulted in it breaking above the resistance levels at $3.690 and $3.755 during this period. In addition to this, the altcoin’s price was able to flip the two key price points into support levels.
Mask’s price was attempting to break above the major resistance at $3.830 at press time. Should the altcoin successfully close a 4-hour candle above this mark, bullish momentum may push MASK’s price to the next resistance at $3.915 in the following 24 hours.
On the other hand, if the altcoin’s price is rejected by the $3.830, then it may be at risk of falling to $3.755 in the next 4-8 hours. Continued sell pressure may even push MASK’s price down to $3.690 in the following 24 hours.
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