Latest Bless (BLESS) Price Analysis

By CMC AI
18 December 2025 04:41AM (UTC+0)

Why is BLESS’s price down today? (18/12/2025)

TLDR

Bless (BLESS) fell 13.5% in the past 24h, underperforming the broader crypto market (-1.2%). Key drivers include profit-taking after recent volatility, derivatives market pressure, and fading momentum from expired exchange incentives.

  1. Derivatives Liquidation Spillover – Open interest fell 44% in Sept 2025, signaling leveraged unwind risks.

  2. Binance Alpha Competition End – Oct 24 expiry of $2M trading rewards likely triggered sell pressure.

  3. Oversold Technicals – RSI7 at 29.7 hints at capitulation, but weak MACD momentum persists.

Deep Dive

1. Derivatives Unwind (Bearish Impact)

Overview: BLESS saw a 44% single-day crash on Sept 25, 2025 (AMBCrypto), linked to derivatives traders closing positions (open interest fell 44%). While funding rates stabilized, today’s -12.7% volume drop suggests residual caution.

What this means: High-leverage perpetual contracts (50x on KuCoin/Binance) amplify downside during exits. With turnover at 18.9%, BLESS remains vulnerable to liquidity shocks common in low-cap tokens.

What to look out for: Sustained open interest below $3M (current: $3.48B futures) could signal prolonged deleveraging.

2. Event-Driven Sell Pressure (Bearish)

Overview: The Oct 10–24 Binance Alpha trading competition awarded 11M BLESS to top traders. Post-event profit-taking likely contributed to the drop, as seen in similar token distributions.

What this means: Competition participants often dump rewards immediately, especially with BLESS down 77% over 60 days. The 728% volume spike during the October rally created an inflated base for comparisons.

3. Technical Breakdown (Mixed)

Overview: BLESS broke below its 30-day SMA ($0.0151) and tests the 78.6% Fibonacci retracement at $0.0146. The MACD histogram turned positive, but RSI14 (36.8) stays neutral.

What this means: While oversold on shorter timeframes, the lack of bullish divergence and high token supply (1.84B circulating) limit rebound potential. A close above $0.0146 (50% Fib) is critical to stem losses.

Conclusion

BLESS’s drop reflects post-hype reality: expired exchange incentives, derivatives fragility, and weak bid depth. While oversold signals emerge, macro risks (BTC dominance at 59.3%) and poor liquidity profile favor caution.

Key watch: Can BLESS hold the Sept 25 low of $0.0122? A break could retest the $0.010 psychological level.

Why is BLESS’s price up today? (17/12/2025)

TLDR

Bless (BLESS) fell 2.89% over the past 24h, underperforming the broader crypto market (+1.58%). The price action reflects ongoing volatility after earlier parabolic rallies, with mixed signals from technicals and sentiment.

  1. Technical Reversal Signals – Bearish MACD crossover hints at weakening momentum.

  2. Post-Rally Profit-Taking – Down 81.56% from October’s ATH as traders exit positions.

  3. Roadmap Progress Delays – GPU node rollout faces execution risks.

Deep Dive

1. Technical Indicators (Bearish Impact)

Overview: BLESS’s MACD line (-0.0023188) crossed below the signal line (-0.0029787) on December 16, signaling bearish momentum despite a positive histogram. The RSI (40.88) sits near oversold territory but hasn’t triggered a reversal signal.

What this means: The MACD crossover suggests traders are pricing in downside risks after failed attempts to breach the 30-day SMA ($0.0153). Weak RSI recovery attempts since November align with the broader 60-day decline.

What to watch: A sustained break above the 7-day SMA ($0.0138) could signal short-term stabilization.

2. Profit-Taking Pressure (Bearish Impact)

Overview: BLESS remains 81.56% below its October 16 ATH ($0.231), with $4.7M in 24h volume indicating persistent sell-offs. Derivatives data shows open interest down 8.56% MoM, per KuCoin’s perpetual contract metrics.

What this means: Early investors continue exiting positions after the 512% October rally, exacerbated by delayed roadmap milestones like GPU node integration. The token’s 30-day correlation with BTC dominance (-0.72) suggests altcoin weakness.

3. Roadmap Execution Risks (Mixed Impact)

Overview: Bless’s Phase 1 (GPU nodes/mainnet) missed its Q4 2025 deadline, per community updates. The project’s pivot to decentralized computing faces competition from Grass and Akash.

What this means: Delays undermine confidence in BLESS’s $256M market cap valuation, though the 82% locked supply could limit downside if development accelerates.

Conclusion

BLESS’s decline reflects post-hype consolidation, technical breakdowns, and unmet roadmap expectations. While oversold conditions might attract dip-buyers, the lack of fresh catalysts and Bitcoin dominance trends pose headwinds.

Key watch: Can Bless hit its Q1 2026 GPU node milestone to reignite institutional interest? Monitor developer updates and volume spikes above $7M for reversal signals.

CMC AI can make mistakes. Not financial advice.