#Mask After a month full of positives and upside price movements, Mask Network crypto is dumping hard. A candle of over 40% down on the daily chart, from 3.62 to 1.70, got investors panicking again and asking what happened.DISCOVER: Top 20 Crypto to Buy in June 2025
Mask Crypto Network Is Dumping: Is It Over?
Mask Crypto is in the top losers again for the first time in a month. Two good pieces of news caused the price to jump 25%. First, Mask Network scooped up the Web3 app Orb, which boosted their ecosystem, and then, on the same day, the SEC dropped its case against Binance.After that spike, the market went into the classic “buy the rumor, sell the news” mode. With an over 40% drop, crashing from $3.60 down to $1.69. The RSI shot up to 77, showing it was way overbought. The price dipped below the 10-day moving average, and the $2.56 Fibonacci support level broke, kicking the selling into high gear.
The 24-hour trading volume spiked 440%, hitting over $800 million, the clearest sign of heavy selling pressure. Whether this dip is a buying chance for MASK or the start of a downtrend will only show with time.