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MASK / TetherUS

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MASKUSDT trade ideas

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.
Long
by Bullbearish
3
Mask Network - Be Greedy Whilst Others Are Fearful Mask network is one of the newest coins to hit Coinbase. (showing KuCoin chart due to longer price history) Highly speculative play anticipating a reversal or short rally. Price has collapsed 96% which is very lucrative in my opinion. This coin has a rather high inflation rate but low total supply so with demand it should not be an issue. Something to watch for. My conservative target would be a test of the upper Bollinger Band around $21. Potential for massive returns in a relatively short timeframe. As I said, HIGHLY speculative but worth the risk for me. Not Financial Advice.
Long
by MitchMilli
2