Mask Network: Waiting for the "Coinbase Effect" MASK has fallen steeply over the past four months. The steepness is less apparent here because this chart is a logarithmic chart. None-the-less, MASK is currently down a whopping 86%.
Although recently listed on Coinbase -- where's the "Coinbase Effect"? (Or the "Binance Effect" for that matter?)
MASK does look primed for price surge. Why?
- It's rare for an asset to fall this far without a strong bounce.
- Recent listings on Binance and Coinbase bode well for MASK.
- An apparent turnaround happened on July 21 after the bottom at $3.00.
- Volume and price are increasing.
- Market Cap is $51M making this a small-cap asset with huge growth potential.
- Mask is in 45 markets, unusually high for a five month old asset.
Short term "Coinbase Effect" target: 50% retrace to $16 (which is 4X over the current price).
Sincerely,
Bullbearish
(I'm a Bull. But Bear happens!)
PS: Nothing I post should be construed as trading or financial advice.
