MASK Price Analysis: Resistance at $11.8 remains unbroken, lower price levels to follow?

TL;DR Breakdown MASK price analysis today is seemingly bearish. The price movement was unable to breach a strong resistance at $11.8.The nearest support for the MASK/USDT pair rests at $9.3. Bitcoin on the other hand had fallen below the support at $46K but is trying to reclaim it.The entire crypto market has fallen to the bears. Mask Protocol is a network that allows users to achieve the privacy that they deserve, i.e., it allows the users to send perfectly encrypted messages to the users. The Mask Protocol Network can be implemented over other DApps and messaging applications. This use case has made it imperative to discuss today’s MASK price analysis. The MASK price analysis for today is definitely bearish as the coin is trading 14 percent below its previously achieved daily high. The coin has performed well in the short term as we saw the coin rise from $6 to $20 in just 8 days, i.e., from 20 August to 28 August. If such conditions repeat, we can see another surge in the price of the coin. Currently, the price of the cryptocurrency rests at $11.13 and is trading with a surge in the market cap by around 3.65 percent according to data by Coinmarketcap. There is a surge in the trading volume by 187.73 percent indicating bullish price movement. For Bitcoin, the news is good as well as bad. The price movement is bearish but, on-chain data indicates that a huge amount of Bitcoin is being bought and stored in cold stora...