Lokesh Gupta
12-01-2024
On the daily chart, BLUR has breached the Symmetric Triangle Pattern, signaling a strong bullish trend.
BLUR successfully tested the crucial support level of $0.3850, along with the 100-Day Moving Average.
The price of BLUR has been consistently influenced by bullish market conditions, resulting in a remarkable surge of over 65%.
The RSI has reached near the 70 overbought range, reflecting an increase in buying pressure.
Over the last 5 days, BLUR has experienced a notable 65% increase, positioning itself to breach both the yearly high and the 20-month high.
According to Blur Price Prediction, If the current rally continues, there is a possibility of reaching price levels around $0.85 or even $1.20.
KEY LEVELS :
RESISTANCE LEVEL : $0.80-$1.25
SUPPORT LEVEL : $0.40-$0.15
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
5 months ago
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