Mask Network Price Prediction – MASK Price Estimated to Drop to $4.03 By May 25, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Mask Network is up 3.22% today against the US Dollar
• MASK/BTC increased by 2.63% today
• MASK/ETH increased by 2.75% today
• Mask Network is currently trading 14.09% above our prediction on May 25, 2023
• Mask Network dropped -5.82% in the last month and is up 149.00% since 1 year ago

MASK price is expected to drop by -12.28% in the next 5 days according to our Mask Network price prediction

Mask Network price today is trading at $ 4.60 after gaining 3.22% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 0.94% in the same time period. MASK performed well against BTC today and recorded a 2.63% gain against the world’s largest cryptocurrency.

According to our Mask Network price prediction, MASK is expected to reach a price of $ 4.03 by May 25, 2023. This would represent a -12.28% price decrease for MASK in the next 5 days.

MASK Price Prediction Chart

Buy/Sell Mask Network

What has been going on with Mask Network in the last 30 days

Mask Network has been displaying a negative trend recently, as the coin lost -5.82% in the last 30-days. The medium-term trend for Mask Network has been bullish, with MASK increasing by 14.20% in the last 3 months. The long-term picture for Mask Network has been positive, as MASK is currently displaying a 149.00% 1-year price change. On this day last year, MASK was trading at $ 1.85.

Mask Network reached its all-time high price on Feb 24, 2021, when the price of MASK peaked at $ 2,817.53. The current MASK cycle high is $ 7.16, while the cycle low is at $ 0.975080. MASK has been displaying low volatility recently – the 1-month volatility of the coin is at 9.20. Mask Network recorded 17 green days in the last 30 days.

Mask Network technical analysis for today – May 20, 2023

The sentiment in the Mask Network markets is currently Bullish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 4.31, $ 4.18 and $ 3.91, while $ 4.71, $ 4.98 and $ 5.11 are the key resistance levels.

Bullish sentiment for Mask Network

23 indicators are currently signaling a bullish prediction for Mask Network, while 4 indicators are showing a bearish forecast. With 85% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Mask Network.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 48 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Mask Network moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Mask Network is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Mask Network is at 51.84, suggesting that MASK is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Mask Network over the last 50 days. Currently, Mask Network is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the MASK closing price for the last 200 days. MASK is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Mask Network prediction

After considering the above factors, we can conclude that the current forecast for Mask Network price prediction is Bullish. MASK would have to decrease by -12.28% to hit our $ 4.03 target within the next five days. Moving forward, it will be important to monitor the MASK market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Mask Network price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.