Blur

Million

<ul class="list-ic vertical">
 <li><span>1</span> <a>The BLUR token hints at a fresh bull wave and triggers an up move.</a></li>
 <li><span>2</span> <a>Buyers have gained momentum and are eyeing an upcoming bull run.</a></li>
</ul>
<p>The<strong> Blur token (BLUR) </strong>has rebounded from the demand zone of $0.3300 and revealed fresh bull accumulation in the last sessions.</p>
<p>Moreover, signs of <strong>trend reversal </strong>were noted, and the token retained the 100-day EMA mark. A range breakout was witnessed, and the BLUR token price surged by over 35% this week.</p>
<p>At press time, <strong>Blur token (BLUR) price</strong> traded at $0.4697 with an intraday gain of 3.31%, reflecting bullishness on the chart. It has a monthly return ratio of 20.12% and a yearly return ratio of 26.20%.</p>
<p>The pair of BLUR/BTC is at 0.00000679 BTC, and the market cap is $765.91 Million. Analysts are bullish and suggest that the<a href="https://www.thecoinrepublic.com/2023/07/26/blur-price-prediction-bulls-back-out-in-the-blur-price/" target="_blank" rel="noopener noreferrer nofollow"> <strong>BLUR price</strong></a> may register a sharp bounce and will soon retain the upside mark of $0.6000.</p>
<h2 class="wp-block-heading" id="strong-blur-registered-range-breakout-signs-of-a-bear-trap-strong"><strong>BLUR Registered Range Breakout: Signs of a Bear Trap?</strong></h2>
<p>The daily chart of <strong>BLUR </strong>shows a <strong>range breakout.</strong> It bounced 30% this week. Furthermore, the buyers have <strong>gained momentum </strong>and are eyeing a significant rally ahead.</p> <iframe loading="lazy" title="Santiment Chart: Price (BLUR), Volume (BLUR)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=mina&amp;pt=MINA&amp;df=2023-11-26T18%3A29%3A59.605Z&amp;dt=2024-05-26T18%3A29%3A59.605Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bprice_usd%3Bblur-token%3BBLUR%5D%3B%5B1%3Bvolume_usd%3Bblur-token%3BBLUR%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p class="has-text-align-center">Source: Santiment</p>
<p>The token recently escaped the neckline hurdle of $0.4500 after completing the base formation, reaching the 100-day EMA mark.</p>
<p>Moreover, trading volume increased by over 43.27% to $145.95 Million, and the total supply value was $3 Billion. Ranked at 111 per the market cap, the <strong>BLUR token</strong> has the potential to outperform and is poised for a significant rally ahead.</p>
<h3 class="wp-block-heading" id="strong-price-volatility-and-weighted-sentiment-noted-a-rise-strong"><strong>Price Volatility and Weighted Sentiment Noted a Rise</strong></h3>
<p>This week, followed by the significant upsurge in the token price, the price volatility noted a spike of over 22% to 0.025, which signifies <strong>investor speculation.</strong></p> <iframe loading="lazy" title="Santiment Chart: Price Volatility 1d (BLUR), Weighted sentiment (Total) (BLUR)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=mina&amp;pt=MINA&amp;df=2023-11-26T18%3A29%3A59.605Z&amp;dt=2024-05-26T18%3A29%3A59.605Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bprice_volatility_1d%3Bblur-token%3BBLUR%5D%3B%5B1%3Bsentiment_volume_consumed_total%3Bblur-token%3BBLUR%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B" scrolling="no"></iframe>
<p class="has-text-align-center">Source: Santiment</p>
<p>Likewise, the <strong>weighted sentiment data</strong> significantly surged over 13.90% to the -0.043 mark and stays close to the midline region. Analyst @EliZ explained in their tweet that the <strong>BLUR token </strong>has triggered a breakout and is ready for a significant surge.</p>
<center>
 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BLUR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BLUR</a> clear trigger for me <a href="https://t.co/CHjsHdMY2k" rel="noopener noreferrer nofollow">pic.twitter.com/CHjsHdMY2k</a></p>— EliZ (@eliz883) <a href="https://twitter.com/eliz883/status/1794403329667137695?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 25, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</center>
<p class="has-text-align-center">Source: X</p>
<h3 class="wp-block-heading" id="strong-social-popularity-decreased-significantly-strong"><strong>Social Popularity Decreased Significantly&nbsp;</strong></h3>
<p><strong>Social popularity </strong>has significantly dropped for weeks, and low investor interest has been witnessed over the past few weeks.</p>
<p>The <strong>Social dominance value </strong>dropped over 12% to 0.041%, and decent investor participation and media reports on social media platforms have been witnessed.</p> <iframe loading="lazy" title="Santiment Chart: Social Dominance (BLUR), Twitter Followers 7d (BLUR)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=mina&amp;pt=MINA&amp;df=2023-11-26T18%3A29%3A59.605Z&amp;dt=2024-05-26T18%3A29%3A59.605Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bsocial_dominance_total%3Bblur-token%3BBLUR%5D%3B%5B1%3Btwitter_followers_7d%3Bblur-token%3BBLUR%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p class="has-text-align-center">Source: Santiment</p>
<p>Additionally, the <strong>Twitter followers data</strong> witnessed a notable decline of over 11% to 714 and displayed a significant drop in the past sessions.</p>
<h4 class="wp-block-heading"><strong>Futures OI Data Outlook</strong></h4>
<p>Following the price rise, the <strong>derivative data</strong> signifies fresh<strong> long-buildup activity </strong>and displays <strong>buyer accumulation.</strong></p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="229" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-341-1024x229.png" alt="BLUR" class="wp-image-207012" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-341-1024x229.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-341-300x67.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-341-768x172.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-341-750x167.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-341-1140x255.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-341.png 1415w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div>
<p class="has-text-align-center">Source: CoinGlass</p>
<p>The OI data spiked over 15.06% to $81.70 Million in the last 24 hrs, revealing the investor’s willingness to upsurge the gains.&nbsp;</p>
<p>A fresh bullish wave in the price action signifies the fresh bull accumulation and the token exited out of the range bound moves.</p>
<p>The immediate support levels for the <strong>Blur token</strong> are $0.4300 and $0.4000, whereas the key upside hurdle is around $0.4700, followed by $0.5000.</p>
<h3 class="wp-block-heading" id="strong-conclusion-strong"><strong>Conclusion</strong></h3>
<p>The <strong>Blur token</strong> has escaped the range-bound movements and picked momentum in the past sessions. Moreover, a fresh bullish wave was triggered, and the token rebounded from the bottom.</p>

BLUR Price Prediction: BLUR Escaped Out Of Range, Rally Imminent?

Table of Contents

Thecoinrepublic.com

Other articles published on May 26, 2024

Why Are Solana (SOL) Investors Switching Their Attention to This New Token on Blast Blockchain?

dogwifhat Price Analysis: WIF Eyes Breakout Rally to $3 Amid Major Whale Trades

Ethereum Investors Anticipate Price Surge Following SEC Approval

6 Best Altcoins to Buy Now May 26 – Optimism, Pendle, Tezos

Trump Vows To Aid Silk Road Founder Ross Ulbricht, Shows Huge Crypto Support

Glassnode Predicts Potential Bitcoin Price Drop

Join our free newsletter for daily crypto updates!