Blast Price Prediction: Is This the Perfect Time to Invest?

On daily chart, Blast is forming a Three Black Crows pattern

• The #Blast airdrop launched on Wednesday at approximately $0.02000, featuring 17 billion tokens in its initial phase.

• Following its debut, the price spiked 40% to hit a peak of $0.02800 before subsequently retreating.

• Over the past three days, Blast's price has declined approximately 28%, finding support near the opening price around $0.020000.

• On the 15-minute chart, Blast is forming a falling wedge pattern, indicating a potential bullish reversal signal.

• In the last two days, Blast token saw $90.48K in long liquidations and $21.70K in short liquidations, suggesting buying interest at lower price levels.

• According to Coingabbar analysis, A breach above the pattern suggests the end of a pullback, potentially signaling a rally towards the record high of $0.028000.

• Conversely, a drop below $0.20000 could indicate bearish momentum continuation, with the price retracing towards its all-time low.

KEY LEVELS :

RESISTANCE LEVEL : $0.025000-$0.030000

SUPPORT LEVEL : $0.018000-$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.