Mask Network: Waiting for the "Coinbase Effect"

29 de jul. de 2021

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.