Blur

Resistance

Daily

<ul class="list-ic vertical">
 <li><span>1</span> <a>The BLUR token noted a rejection from the supply zone and retested the 20-day EMA mark.</a></li>
 <li><span>2</span> <a>Buyers are trying to surpass the major hurdle of $0.800 to initiate a rally.</a></li>
</ul>
<p>The BLUR price has rebounded from the bottom zone of $0.4000 and decisively reclaimed the bullish trajectory. Furthermore, the token is poised to strike above the prompt huddle of $0.8000 and shows the bulls’ intent to attempt a rally. Followed by the crypto market surge, the token is indulging in participating in the surge and is delivering bullish momentum in the last weeks.</p>
<p>The token has surpassed the key moving averages and demonstrated investors’ interest, resulting in a sharp recovery from the lows. BLUR token price has retained the highs and is attempting to reach the blue sky zone of $1 soon. Per the Fib retracement levels, the token has escaped the 61.8% zone and is close to the 78.6% level.</p>
<p>The Blur token (BLUR) price was $0.7044 at press time, with an intraday gain of 3.56 %, showing bullishness on the charts. Moreover, the trading volume has increased by 12.78% to $119.12 Million. The pair of BLUR/BTC is at 0.000000591 BTC, and the market cap is $227.40 Million. Analysts are neutral and suggest that the Blur crypto (BLUR) price will continue to gain momentum and may retest $0.04000 soon.</p>
<h2 class="wp-block-heading" id="strong-blur-displays-rising-wedge-formation-on-daily-charts-strong"><strong>BLUR Displays Rising Wedge Formation on Daily Charts&nbsp;</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-381-1024x474.png" alt="" class="wp-image-194217" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-381-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-381-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-381-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-381-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-381-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-381-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-381.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: <a href="https://in.tradingview.com/" target="_blank" rel="noopener noreferrer nofollow">BLUR/USD</a> Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>The BLUR token delivered a rebound from the bottom zone of $0.4000, soaring over 60% in the last weeks. Moreover, the token has picked strength and is forming higher high swings, revealing the follow-on buying momentum. Recently, the token has retested the 52-week high mark of $0.8000, but bulls somehow failed to surpass it, and profit booking was reflected. However, the trend is intact, and bulls will soon succeed in escaping the zone and may deliver a rally in the following sessions.</p>
<p>The Relative Strength Index (RSI) curve slipped from the overbought zone and is close to the midline, displaying a negative crossover, revealing the retracement. Moreover, the MACD indicator shows a bearish crossover and directs neutral sentiments on the charts.</p>
<h2 class="wp-block-heading" id="strong-blur-exhibits-falling-channel-breakout-on-hourly-charts-strong"><strong>BLUR Exhibits Falling Channel Breakout on Hourly Charts&nbsp;</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-382-1024x474.png" alt="" class="wp-image-194218" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-382-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-382-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-382-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-382-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-382-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-382-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/02/image-382.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: <a href="https://in.tradingview.com/" target="_blank" rel="noopener noreferrer nofollow">BLUR/USD </a>Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>On the hourly charts, the trend is changed, and the token succeeds in rebounding from the 38.2% Fib zone, escaping the channel’s trendline hurdle of $0.7000 and climbing above the 20-day EMA mark, conveying the bullish momentum. After the profit booking at the highs, the bulls retained strength, and fresh buying was noted in the last hours.</p>
<h4 class="wp-block-heading"><strong>Summary</strong></h4>
<p>The Blur token (<a href="https://www.thecoinrepublic.com/2024/02/16/blur-price-prediction-will-blur-surpass-0-8000-post-breakout/" target="_blank" rel="noopener noreferrer nofollow">BLUR</a>) has regained momentum and will soon scratch the upside hurdle of $0.8000, the supply region. Moreover, the token has retained the bullish region, and buying sentiments were reflected in the last sessions.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels:</strong> $0.7000 and $0.6800</p>
<p><strong>Resistance Levels:</strong>$0.7500 and $0.8000</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.&nbsp;</p>

BLUR Price Prediction: Will BLUR Cross a Major Hurdle of $0.8000?

Table of Contents

Thecoinrepublic.com

Other articles published on Feb 24, 2024

Harga XRP ke US$2 Masih Bergantung dengan Bitcoin, Kenapa Begitu?

Supermoon and Cointelegraph to Host Landmark Event at the Historic Clock Tower | ETH Denver 2024

Is Google’s AI Strategy Driving Users Away?

ADA near key level as analyst says Cardano faces correction

Polkadot Surges: Technical Signals Point to Continued Growth

Why is COTI Price Pumping? Bullish Tech Developments Spark 50% Surge

Join our free newsletter for daily crypto updates!