Reversal

Coin

<ul class="news-points"> 
 <li>BLUR’s bearish grip tightens as resistance holds strong.</li> 
 <li>A negative Aroon pattern suggests a potential further decline for BLUR.</li> 
 <li>Positive CMF and RSI hint at bearish exhaustion, with BLUR price reversal looming.</li> 
</ul> 
Despite <a href="https://coinedition.com/tag/Blur-BLUR/">Blur’s (BLUR)</a> positive start to the day, the resistance level around $0.1915 proved firm. As a result, bears took control of the market, with the BLUR price plummeting to an intraday low of $0.1826 before regaining support. 
At press time, BLUR was trading at $0.187, down 1.62% from the intraday high. Profit-taking by investors attempting to capitalize on the previous positive trend could account for the negative shift. 
During the bear reign, BLUR’s market capitalization and 24-hour trading volume fell by 2.00% and 9.23%, to $167,801,943 and $21,042,294 respectively. If the bearish momentum persists and the $0.1826 support level is surpassed, the next support level to watch is around $0.175. If BLUR can recover bullish momentum and break above the present resistance level of $0.187, it can retest its prior high of $0.195 and continue its upward trajectory. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img decoding="async" width="696" height="480" src="https://coinedition.com/wp-content/uploads/2023/09/Blur-1.png" alt="" class="wp-image-333891" srcset="https://coinedition.com/wp-content/uploads/2023/09/Blur-1.png 696w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-300x207.png 300w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-254x175.png 254w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-380x262.png 380w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-568x392.png 568w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-102x70.png 102w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-129x89.png 129w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-207x143.png 207w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-645x445.png 645w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-358x247.png 358w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-348x240.png 348w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-239x165.png 239w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-306x211.png 306w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-268x185.png 268w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-117x81.png 117w, https://coinedition.com/wp-content/uploads/2023/09/Blur-1-109x75.png 109w" sizes="(max-width: 696px) 100vw, 696px">
 <figcaption class="wp-element-caption">
 BLUR/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/blur-token/" target="_blank" rel="nofollow">CoinMarketCap</a>)
 </figcaption>
 </figure>
</div> 
The <a href="https://coinedition.com/blur-price-prediction/">BLUR’s current trend</a> ind…
The post <a rel="nofollow" href="https://coinedition.com/blur-price-dips-amid-bearish-pressure-indicators-signal-reversal/">BLUR Price Dips Amid Bearish Pressure, Indicators Signal Reversal</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

BLUR Price Dips Amid Bearish Pressure, Indicators Signal Reversal

Coin Edition

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