$MASK As of June 7, 2025, Mask Network (MASK) is experiencing significant volatility. The current price is approximately $1.85 USD, marking a substantial decline from recent highs. The intraday high reached $3.67, while the low dipped to $1.84.
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š Recent Market Activity
MASK has witnessed a sharp decline, with its price dropping over 50% within a 24-hour period. This downturn is accompanied by a dramatic 560% surge in trading volume, reaching approximately $1 billion, indicating heightened market activity and potential panic selling.
This sharp decline follows a period of positive price movements, leading to investor concerns and market uncertainty.
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š Technical Indicators
Support Levels: The 7-day moving average stands at $2.73, serving as a potential support level. The 25-day moving average is at $2.04, and the 99-day moving average is at $1.71, both indicating previous support zones that may now act as resistance.
Resistance Levels: Immediate resistance is observed around $2.20, with further resistance at $2.88. A breakout above these levels could signal a reversal in the current downtrend.
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š Short-Term Outlook
Despite the recent downturn, some analysts suggest a potential rebound. The price is showing signs of recovery, with a recent gain of 3.09%, reaching a high of $3.014. If the upward momentum continues, MASK could test resistance levels around $3.20ā$3.50.
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ā ļø Market Sentiment
The current market sentiment is bearish, influenced by broader market factors, including the ongoing feud between prominent figures such as Elon Musk and Donald Trump, which has led to a significant market-wide downturn.
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š® Long-Term Projections
Forecasts for MASK in 2025 vary:
DigitalCoinPrice projects a maximum price of $4.76 and a minimum of $1.94, with an average of $3.74.
PricePrediction.net estimates a potential maximum of $5.87 and a minimum of $4.99, with an average of $5.13.
These projections suggest potential growth, but the market's volatility and external factors could influence these outcomes.
