- BLUR’s bullish momentum pushes it to a 30-day high of $0.2278, with potential resistance at $0.2500.
- MACD shows growing bullish momentum, but a declining histogram hints at a possible reversal for BLUR.
- MFI indicates ongoing buying pressure, while RSI suggests a minor decrease in buying momentum for BLUR.
Despite kicking off the day at an intra-day low of $0.1796, the Blur (BLUR) market bulls have had the upper hand over the previous 24 hours. As a result, positive momentum drove the BLUR price to a 30-day high of $0.2278 before a modest decrease. BLUR was trading at $0.1859, up 3.17% from its 24-hour low, at press time.
If bullish momentum breaks over the $0.2278 barrier, the next resistance to monitor is around $0.2500. However, if the bullish trend fades, BLUR may find support around the $0.1800 level, where buyers may come in to halt further declines.
During the price increase, BLUR’s market capitalization and 24-hour trading volume increased by 3.53% and 180.03%, to $187,825,792 and $295,555,295 respectively. This market capitalization and trading volume growth implies that investor interest and activity in BLUR have increased significantly.
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