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BLUR/USDT Upward Movement from Demand Zone? 👀 🚀BLUR💎Paradisers, gear up for a promising opportunity with BLURUSDT. The asset is currently trading in a demand zone, indicating a strong likelihood of an upward move. 💎Previously, we've observed #BLUR breaking the resistance at $.4783. Interestingly, this break turned out to be a bullish trap, creating panic before bulls drove the price back up, transforming resistance into support. Currently, it is laying the groundwork for a bullish trajectory, with the demand zone reinforcing this bullish scenario. With its consistent upward momentum, #BLUR aims to target resistance at $.6816, and might extend its rally to challenge even higher resistance levels at $.7414. 💎On the flip side be prepared for a potential bullish resurgence from the support level of $.4792, especially if #BLUR struggles to maintain its upward movement. However, be aware that a fall below this support level could signal potential challenges in sustaining the bullish trend. 💎 In this dynamic and evolving market environment, strategic foresight and intelligent decision-making are paramount. Crafting a comprehensive trading strategy, encompassing sound money management and a thorough understanding of support and resistance levels, is key to achieving successful trading outcomes. 🌴💰
Long
by MyCryptoParadise
BLUR Price Slips As Whales Move $7 Mln BLUR To Binance & OKXThe BLUR cryptocurrency amassed substantial attention within the world of cryptocurrencies following increase in whale activity. BLUR, a cryptocurrency backed by Paradigm, recently gained significant traction within the cryptocurrency universe as the token witnessed massive whale activity as of today, November 27. As per market data, whales transferred over 7 million BLUR to centralized exchanges like Binance and OKX. The transfer of cryptos to exchanges illustrates a possible surge in supply, thereby resulting in a reduced demand for the cryptocurrency. Concurrent with the transfer of cryptos to exchanges, the BLUR price also witnessed a substantial fall at the time of writing. A Closer Look Into BLUR Whale Activity According to the data offered by Spot on Chain, a platform facilitating blockchain tracking, the BLUR price witnessed a cool-down subsequent to the dumping of tokens to exchanges. Reportedly, a whale, 0x13d.., deposited 3.75 million BLUR to Binance and OKX at $0.629 approximately 4 hours ago. The data portrayed that the wallet accumulated these holdings from OKX at $0.535 two days ago, hinting toward an estimated profit of $353,000. Furthermore, the second whale transaction that caught the eyes of crypto market enthusiasts transferred 1.67 million BLUR to Binance approximately 6 hours ago. The wallet address, 0x387…, transferred $1.05 million worth of BLUR to Binance at $0.629. Interestingly, the whale accumulated these holdings from OKX at $0.375 five days ago, indicating an estimated profit of $424,000. Furthermore, the wallet was found to be related to orz-allinornothing.eth. Besides the abovementioned transactions, a third transaction stirred up speculations among crypto market enthusiasts, transferring 1.75 million BLUR to OKX. As per the data, Wintermute Trading, a leading crypto market maker, deposited 1.75 million BLUR to OKX approximately 12 and 9 hours ago. Data portrays that the market maker deposited 4.25 million BLUR to Binance and OKX in the past two days. The mentioned transfer of coins to exchanges appears to fall in line with the recent plunge witnessed by the token. BLUR Price Plunges At the time of writing, the BLUR price witnessed a substantial fall of 12.12%, reaching $0.5274 today. However, the token showcased a phenomenal surge of 54.11% over the past week. Besides, the twenty-four-hour trading volume also witnessed a 12.80% fall, reaching $358.95 thousand while writing. The price plunge in the token appears to come in alignment with the recent dumping of coins to exchanges, displaying an increase in the total supply of the cryptocurrency.
Short
by DEXWireNews
Short BlurBlur is facing intense selling pressure, creating a resistance level for any upward movement. We’re also seeing a bearish divergence, coupled with wicks that are consistently facing sell-offs at the resistance points. Bull flags that are gearing up for another leg up don’t react this way. I’m going to keep building up my short position and the stop loss is highlighted. My take profit is the liquidity level down at the previous low. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Short
by WaltrAlexander
2
BLUR & Blast Founder Responds to Rumors of Ponzi SchemeBLUR founder Packman clarifies recent yield surge, attributing it to on and off-chain economics, dismissing Ponzi scheme concerns. The BLUR token has ignited the altcoin market, experiencing an impressive 100% gain in the past week following its recent listing on the Binance crypto exchange. Despite the meme-filled enthusiasm within the crypto community, rumors have emerged, speculating about BLUR’s potential association with a ponzi scheme. Blur founder Clears the Air In response to circulating memes and misconceptions about Blast, BLUR founder Packman took to social media to set the record straight on certain key points. One prevalent meme suggests that Blast operates as a Ponzi scheme due to the seemingly attractive yield it offers. Packman explains that Blast’s yield is sourced, initially, from Lido and MakerDAO. The yield from Lido, according to Packman, originates from Ethereum staking yield, an integral part of Ethereum’s Proof-of-Stake consensus mechanism. On the other hand, MakerDAO yield comes from on-chain T-Bills, which are debt obligations from the US government. Packman emphasizes that these yields are not unsustainable and are fundamental components of both on-chain and off-chain economies. The reason Blast’s yield may seem too good to be true, as per Packman, is that Blast makes this yield the default for all users, effectively democratizing higher yield. Addressing another meme, Packman dismisses the notion that Paradigm played a role in Blast’s launch, stating unequivocally that Paradigm had zero involvement in Blast’s go-to-market (GTM) strategy. While acknowledging Paradigm’s expertise in research and technical L2 design (going live in February), Packman emphasizes that they do not consult with Paradigm on GTM, keeping those aspects internalized. Packman acknowledges that Paradigm has provided post-launch suggestions, which are actively under consideration. He praises Paradigm as a research powerhouse and appreciates the collaborative relationship where trusted entrepreneurs make final decisions, highlighting one of the reasons he enjoys working with the Paradigm team. FUD Around Blast Invite Rewards In response to circulating FUD (Fear, Uncertainty, Doubt) regarding Blast’s invite rewards, BLUR founder Packman clarified that the invite system is not a new mechanism but a well-established concept that has been in use for a considerable period. Explaining the rationale behind Blast’s invite mechanism, Packman emphasized the pivotal role of the community in the project’s success. Acknowledging that Blast’s vision heavily relies on community contribution, Packman highlighted that the goal is to foster the on-chain economy with the highest-yield Layer 2 (L2) possible, and achieving this ambitious vision requires collective effort. In Packman’s view, contributing to an L2 can take various forms, including being a developer of the underlying protocol, creating applications on top of the L2, or being a user of the L2. Drawing an analogy, he likened the community to the people in a city, emphasizing that users who help make Blast a thriving L2 by bringing in friends are providing genuine value to the ecosystem and, therefore, deserve to be rewarded. This, Packman stated, is the fundamental reason why invite rewards exist within the Blast platform. As of press time, BLUR is trading at $0.60 with a market cap of $691 million. There’s been a heavy accumulation of BLUR by whales recently. This can further take the BLUR price to $1.
Long
by DEXWireNews
BLUR Accumulation Surges After Binance Listing, Price Jumps 97%BLUR soars after Binance listing, fueled by strategic deposits, reallocations, and a successful airdrop, maintaining strong market figures. In one of the largest Airdrops ever, BLUR the native token of NFT Marketplace Blur has seen massive accumulation summing up to hundreds of millions. As per Lookonchain data, Hanwe.eth, the top recipient of Season 2 airdrop, deposited $6.2 million in $BLUR to Bybit and Coinbase. This follows hanwe.eth’s complete deposit of 22.85 million $BLUR from the airdrop, is expected to yield around $12.3 million after selling. Blur’s end-of-season airdrop is one of the techniques it uses to entice traders to use its platform. At the end of each season, Blur pays those who traded NFTs on the site. 276 Million BLUR Tokens Are Already Claimed According to reports, approximately 38,000 addresses have already collected their BLUR tokens, totaling 267 million claimed tokens. Some got in millions while some came out with only a handful of profits, suggesting an increasing BLUR accumulation among the investors. However, the incentives are determined by the activities of users on the NFT trading platform. Blur allocated a total prize pool of 300 million tokens worth $146 million at current BLUR prices in the most recent airdrop. According to DappRadar, Blur exceeded OpenSea in daily Ether trading volume earlier this year. On February 18, OpenSea was prompted to introduce a 0% price structure to reclaim its user base from new competition. BLUR Token Jumps 97% Weekly BLUR has seen significant double-digit growth in the week leading up to an announcement by Binance, the world’s largest cryptocurrency exchange, about listing the asset. Previously, crypto aficionados lauded BLUR’s growth as “crazy,” as the project’s team just released 300 million tokens into circulation, bringing the project’s total circulating supply to more than 1.1 billion. Despite the NFT dump, Blur (BLUR) was trading at $0.621322 with a 24-hour trading volume of $47 million. This reflects a price increase of 18.48% in the previous 24 hours and a price increase of 97.26% in the last 7 days. Blur has a market valuation of $68 million and a circulation supply of 1.1 billion BLUR.
Long
by DEXWireNews
The Fastest NFT Marketplace (??): is Blur a GameChanger?🤷Attention traders and NFT enthusiasts! Let's explore Blur, the NFT marketplace that popped in the Top-100 today, known (supposedly, i can't know for sure yet) for its unparalleled speed and efficiency. 🌟 Why Blur Is Making Waves: 10X Faster Sweeping: Blur's advanced sweeping technology ensures lightning-fast trades. ⏩ 0% Marketplace Fees: Keep more of your profits with no marketplace fees. 💰 $1.4B Total GMV: A testament to Blur's thriving marketplace and active community. 📈 146,823 Users & Counting: Join a growing community that trusts Blur for NFT trades. 🤝 $BLUR for the Community: With 360 million $BLUR distributed in Season 1, community rewards are huge. 🌟 Advanced Analytics: Make informed decisions with Blur's comprehensive portfolio analytics. 📊 🌟 Season 2 Is Here: Gear up for Season 2 on Blur! Engage in listing, bidding, and sweeping across multiple marketplaces with ease. 🌐 Your Thoughts Matter! I'm not big on NFTs, but I'm intrigued by Blur's potential. What's your take on it? Share your insights and experiences in the comments. Let's learn together! 🙌 My Technical Take: 0.14841: Is it a bubble? 0.83833: A sign of a solid project? $1.27: Could it be the 'bomb' of the NFT world? Join the Conversation Your perspectives are valuable. Let's discuss the future of NFT trading and Blur's role in it. Comment below with your thoughts! One Love, The FXPROFESSOR ♡
by FX_Professor
7
Blur / The NFT marketplace for tradersAfter the dump on retails in coinbase listing which is very classic now same whales buys the dip that they made but lets see what is Blur first BLUR is the native governance token of Blur, a NFT marketplace and aggregator platform that offers advanced features such as real time price feeds, portfolio management and multi marketplace NFT comparisons. It claims to have faster NFT sweeps, and a more intuitive interface than other comparable platform. the marketcap is way overvalued and half a billion dollar for project like this make no sense, Blur gives me an Apecoin vibe next targets for short time are 1.35 and 1.39$ but you must definitely have good stop loss (like 1.1$)
by moonypto
📊#BLUR may have reached the final target zone. ⚠️📈⚠️👀Since we discovered this treasure in October, we have risen all the way up to an astonishing 76.72% increase, of course, we only managed to capture a total yield of about 2000%+, almost 20 times the profit, although we did not eat all the profits, but this is very good, which is difficult to achieve in the traditional market.💰🚀🌕💥 🧠We have a very heavy resistance area above, and the target area of the bull structure below has been fully realized, so it is not recommended that you chase up, otherwise it is easy to get you into the mire.⚠️ ‼️Note that if we are able to successfully break through the large bear defense above and form a new long structure in the final target area, then we can still focus on it, or wait and see.👀 Let's see☕️ 💕 Follow me so you don't miss out on any signals and analyze 💯
by wolf_king888
BLURUSDT Bearish Divergence Suggests Potential Short OpportunityGreetings, Traders! After a detailed technical analysis of the BLUR/USDT pair on the 4-hour chart, several indicators are signaling a potential short opportunity. Please see the attached charts for a visual representation of the indicators used for this analysis. Moving Averages (MAs): The BLUR/USDT pair is currently showing a downtrend, with the price trading below the key 50-period, 100-period, and 200-period Simple Moving Averages (SMAs). The 50-period SMA has crossed below the 100-period SMA, which is a bearish signal for many traders. This crossover, known as a 'death cross', often precedes a strong downward move. Relative Strength Index (RSI): The RSI is lingering around the 50 mark, which is neutral territory. However, there's a clear sign of bearish divergence: while the price made a higher high recently, the RSI failed to confirm this with a corresponding high, indicating weakening momentum. Moving Average Convergence Divergence (MACD): The MACD line is trending below the signal line, and the histogram bars are increasing in depth below the zero line, both of which reinforce bearish momentum. This divergence between the MACD and the price action is another signal that the uptrend may be exhausting. Strategy: Based on the aforementioned signals, a short position could be considered. Entry points might be identified as the price reacts to and potentially rejects off the moving averages, which are now likely to act as dynamic resistance. ENTRY: 0.38-0.37 STOP LOSS: 0.395 TAKE PROFIT 1: 0.2750 TAKE PROFIT 2: 0.2525 TAKE PROFIT 3: 0.2280 Risk Disclosure: It's crucial to remember that trading involves significant risk. The analysis provided does not guarantee a successful trade and should not be taken as financial advice. Always conduct your own research, and do not risk more than you are prepared to lose. Setting stop losses above the recent swing high or at a level that suits your risk tolerance could help mitigate potential losses. Stay cautious and trade wisely!
Short
by xizha127