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?

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