Blast Crypto Price Prediction: Is This Just the Beginning?

11-Jul-2024 By: Lokesh Gupta
Blast Crypto Price Prediction: Is This Just the Beginning?

In last 4 days, continuous green candles formed,surge by 21%

  • #Blast has risen to the 6th largest DeFi protocol by Total Value Locked (TVL) and the 4th largest Ethereum layer-2 network.

  • Blast ($BLAST) made a notable debut in the market, displaying significant price movements.

  • After experiencing a 57% drop from its peak, the price has significantly plummeted.

  • Blast token has taken support near $0.01300 and has been hovering inside a consolidation zone.

  • Today, #Blast token breached the consolidation zone as well as Fibonacci levels, indicating a potential surge towards the next resistance level.

  • According to Coingabbar analysis, A sustained move above the Fibonacci levels can take Blast towards the $0.02000 zone, indicating potential further gains.

  • However, failure to hold above the Fibonacci level may lead to increased selling pressure, potentially pushing the price back towards $0.01300.

KEY LEVELS :

RESISTANCE LEVEL : $0.020000-$0.025000

SUPPORT LEVEL : $0.014000-$0.010000

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgement, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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