- Mask Network (MASK) experiences a price surge of 1.38% in 24 hours.
- MASK outperforms Bitcoin (BTC) and Ethereum (ETH) in the market.
- MASK’s price volatility leads to breakthrough above resistance levels.
Mask Network (MASK) has gained significant traction on CoinMarketCap’s trending list as one of the select few cryptocurrencies that experienced a price surge in the last 24 hours of trading. According to the renowned market tracking platform, MASK exhibited a commendable growth of approximately 1.38% during this period, reaching a trading value of $3.78.
As of the current moment, MASK is trading near its 24-hour peak of $3.86. Simultaneously, MAKS has witnessed a 9.10% decline in its 24-hour trading volume, now at $115,819,000.
In addition to registering gains against the Dollar, MASK has demonstrated the ability to outperform the two dominant players in the market, Bitcoin (BTC) and Ethereum (ETH), within the last 24 hours. MASK has experienced a 5.69% increase in value against BTC while also exhibiting a 5.76% surge against the leading alternative cryptocurrency in terms of market capitalization.
The surge in the altcoin’s price propelled its weekly performance to a remarkable +10.04%, further solidifying its positive trajectory. Moreover, MASK exhibited a favorable thirty-day performance, standing at +12.68%. With a market capitalization of $310,007,005, MASK secured its position as the 105th largest cryptocurrency in terms of market capitalization.
MASK has demonstrated significant volatility, with a notable surge of over 7% within the last 4-8 hours. This impressive movement led to a breakthrough above the resistance levels at $3.690 and $3.755. Moreover, the altcoin successfully transformed these crucial price points into support levels, further solidifying its positive trajectory.
At the time of writing, the price of Mask (MASK) was trying to surpass the significant resistance level of $3.830. If the altcoin successfully concludes a 4-hour candle above this level, it could trigger a bullish momentum, leading to a potential price surge towards the next resistance level at $3.915 within the next 24 hours.
Alternatively, should the altcoin encounter resistance at the $3.830 level, there is a possibility of a decline towards $3.755 within the next 4-8 hours. Prolonged selling pressure could drive the price of MASK down to $3.690 within the subsequent 24-hour period.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
