Blur Price Prediction: BLUR Coin Explodes 40% As Whales Pile In After Season 2 Airdrop. Too Late To Get In?

0
23

Join Our Telegram channel to stay up to date on breaking news coverage

The Blur price has surged by 31.9% in the last 24 hours to trade at $0.49 as of 9:20 p.m. EST after the aftermath of the Season 2 airdrop.

BLUR’s bullish momentum is luring additional whales and investors into the market as the coin witnesses heightened engagement. 

A surge in buying activity saw 19 addresses collectively acquire 51.3 million BLUR tokens, translating to a $21 million investment in the asset.

BLURUSD Chart Analysis. Source: Tradingview.comThe BLUR price recently experienced a significant surge, finding stability at $0.16 before rallying to a resistance level of $0.47. 

Following a correction, the price of BLUR dipped to the $0.32 support zone. However, the robustness of this support signals strong bullish control, with buyers propelling the price above the $0.45 resistance. 

The confirmation of the cup-and-handle pattern occurred when Blur’s price surpassed the $0.45 resistance level on Wednesday. This breakout indicates the potential for a significant uptrend in the short to medium term.

BLUR is trading above the 50-day and 200-day simple moving averages, affirming a positive outlook and functioning as immediate support in the long term. Despite a recent downturn, the Relative Strength Index (RSI) remains above the overbought threshold at 73, bouncing back from the neutral level of 50. This suggests consistent momentum and buying pressure, further solidifying an overarching bullish sentiment.

BLUR Price May Reach $0.70

With the cup and handle pattern in play, BLUR’s expected next target is $0.70, indicating a 66% surge from the current price. The achievement of this upward momentum is contingent upon the $0.45 support level.

Yet, it’s crucial for bullish investors to acknowledge the potential for a market downturn that could erase existing profits. The $0.32 support zone is a protective buffer for bullish investors.

For investors seeking more upside potential, Meme Kombat (MK) is an emerging cryptocurrency currently in its presale phase. This token offers the promise of substantial returns for those who invest early, making it the best BLUR alternative.

Meme Kombat Selling Out Fast, Buy Now Before Price Increase

Meme Kombat is gaining attention during its presale, particularly following an event where a high-profile whale purchased MK tokens worth $18,950 with USDT at $0.205 each. You have a four-hour window to acquire MK tokens before the price increases to $0.214. 

So far, Meme Kombat has raised over $2 million, approaching its presale goal of $2.5 million. Currently, MK tokens are available at a discounted price of $0.205 each.

If you missed out on the 10,000 USDT prize, whose winners are yet to be announced, Meme Kombat provides diverse options for investors to boost their earnings. These include automated staking, betting options, and a robust tokenomics model.

Staking MK tokens enables investors to attain a notable Annual Percentage Yield (APY) of 112%.

Cilinix Crypto, a YouTuber boasting over 36,900 subscribers, has featured Meme Kombat in his recent YouTube video, highlighting the project’s goals and its potential for growth.

To buy MK tokens, you can visit the official Meme Kombat website to participate in the presale, connect your Web3 wallet, and purchase MK tokens using BNB, ETH, or USDT.

Related News

New Crypto Mining Platform – Bitcoin Minetrix

Bitcoin Minetrix
  • Audited By Coinsult
  • Decentralized, Secure Cloud Mining
  • Earn Free Bitcoin Daily
  • Native Token On Presale Now – BTCMTX
  • Staking Rewards – Over 100% APY

Bitcoin Minetrix


Join Our Telegram channel to stay up to date on breaking news coverage


Credit: Source link

ads

RELATED ARTICLESMORE FROM AUTHOR

LEAVE A REPLY

Please enter your comment!
Please enter your name here