BLUR Bulls Roaring: Brace for an Explosive Rally Beyond Highs

12-01-2024 By: Lokesh Gupta
BLUR Bulls Roaring: Brace for an Explosive Rally Beyond Highs

BLUR Token set to surpass yearly high, targets $1.00 milestone.

  • 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

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 judgment, 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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