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The Mask Network price surged 19% in the last 24 hours to trade at $1.7882 as of 3:10 a.m. EST on trading volume that surged 48% to $175.61 million.
MASK has seen a 65% price increase in the last month, recovering from a major price drop it experienced after getting delisted from Binance. Traders speculated that Binance was a critical platform for MASK trading and that this delisting would severely impact the token, shrinking its liquidity and worsening investor sentiment.
While the token experienced a price dip in late March and early April, it is on its way to recovery right now.
Mask Network Price Prediction
MASK’s recovery has been progressing steadily over the past month, often encountering resistance levels that would reject its price or block it for a time. However, Bitcoin’s recent push finally brought the largest cryptocurrency above the barrier at $105k, and MASK followed with its push past the resistance at $1.6.
The token’s Bollinger Bands have seen a notable widening in the last 24 hours as the Mask price kept pushing higher and higher. MASK then hit a new resistance at $1.8, which stopped its progression and rejected it to its current value of $1.78.
MASK/USDT chart analysis (Source: TradingView)
The token’s Relative Strength Index (RSI) reflects this. In the past 24 hours, it surged from the oversold zone at 30 to 80, deep in the overbought area. This reflects traders’ optimism, which inspired them to buy.
However, since then, many have opted to take profit, which resulted in a dip that brought the RSI value back into the neutral area. Still above 50 at the time of writing, the metric is slowly declining toward this value, and the price is beginning to follow.
In the hours to come, traders might start buying the dip once the RSI hits 50 and allow the token to make another attempt to breach the $1.80 resistance. They might also double down on its sale, pushing the RSI to the oversold zone and the price deeper down to the support level at $1.70.
Promising Alternative To Mask Network
With the MASK price declining, investors have started turning to SUBBD Token (SUBBD) as it presents a new high-potential earning opportunity. This is a new token created for the SUBBD platform — a decentralised competitor to OnlyFans.
The platform integrates AI tools that can help content creators by automatically conducting multiple everyday management tasks. These tedious tasks typically take up a lot of content creators’ time, which they can now spend to connect with their fan base.
Thanks to that, fans and creators have an opportunity to build a stronger relationship. Over 2,000 content creators have already joined the platform, and their combined following exceeds 250 million fans. That means that over 250 million users could become SUBBD token holders once the token goes live and enters the open market.
For now, SUBBD is still in presale, available for only $0.05545 apiece. Its ICO has already raised $454k, and it is rapidly approaching the $500k milestone. Investors who buy the token early will also get some special perks simply by holding the crypto, including access to exclusive content, early beta access to the platform, VIP staking benefits, platform discounts, XP, bonuses, and more.
Furthermore, experts like ClayBro, a crypto YouTuber with over 136k subscribers, believe the token has excellent growth potential. ClayBro reported recently that utility tokens started soaring as Bitcoin led a new rise.
SUBBD is the perfect early investment that could pay off once the ICO is over and the platform starts fully operating.
Interested investors will want to buy SUBBD before the next presale price hike in around 26 hours to secure the best deal.
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