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Binance, the world's largest cryptocurrency exchange, adds a new altcoin to its list. According to the statement made by the giant cryptocurrency exchange, Blur, a unique NFT marketplace platform that offers multi-market features such as real-time price feeds, portfolio management and NFT comparisons, will be listed with its utility token BLUR.
Binance announced the listing of BLUR. In the statement made by the cryptocurrency exchange giant, it was stated that the trading of the altcoin will start today at 12:00 UTC. BLUR will initially be traded on Binance with the trading pairs BLUR/BTC, BLUR/USDT and BLUR/TRY.
Withdrawals for BLUR will begin at 09:00 UTC on November 25. Additionally, Binance will add BLUR to the list of borrowable assets on Isolated Margin with the BLUR/USDT trading pair within 48 hours starting at 12:00 UTC today.
In short, Blur is an NFT marketplace, collector and lending platform that provides advanced services to NFT investors. BLUR acts as the utility token for this platform. Blur stands out with faster NFT scans and a more intuitive interface than other similar NFT platforms.
While Binance's move to list the BLUR token is seen as an important development in the cryptocurrency industry, the innovative features of the Blur NFT marketplace attract attention. $BLUR $BTC $ETH #Kriptocutrader #Coinmarketcap
Binance announced the listing of BLUR. In the statement made by the cryptocurrency exchange giant, it was stated that the trading of the altcoin will start today at 12:00 UTC. BLUR will initially be traded on Binance with the trading pairs BLUR/BTC, BLUR/USDT and BLUR/TRY.
Withdrawals for BLUR will begin at 09:00 UTC on November 25. Additionally, Binance will add BLUR to the list of borrowable assets on Isolated Margin with the BLUR/USDT trading pair within 48 hours starting at 12:00 UTC today.
In short, Blur is an NFT marketplace, collector and lending platform that provides advanced services to NFT investors. BLUR acts as the utility token for this platform. Blur stands out with faster NFT scans and a more intuitive interface than other similar NFT platforms.
While Binance's move to list the BLUR token is seen as an important development in the cryptocurrency industry, the innovative features of the Blur NFT marketplace attract attention. $BLUR $BTC $ETH #Kriptocutrader #Coinmarketcap
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Cryptocurrency analyst Ali Martinez noted that the price of the Polygon (MATIC) cryptocurrency fell to $0.77 and fell below a key support level. Martinez emphasized that most addresses have accumulated a total of 4.13 billion MATIC, and the important level stated by the analyst is between $0.84 and $0.86.
Martinez said investors who bought in this range may sell to avoid further losses, which could cause the price for MATIC to drop even further. The analyst also explained the potential levels of this decline.
Buying volume was in the range of $0.84 to $0.86, with most buyers entering the market at this level. Considering the accumulation in this range, it is important to examine the trading volume as well.
24-hour trading volume decreased by 42 percent. MATIC's bearish trend affected the market between November 20 and 22. During this time, MATIC price dropped from $0.85 to $0.72. However, with recent buying pressure, the price is currently at $0.77.
At the time of writing, the MACD indicator was in the negative territory and was interpreted as a sign of an ongoing decline. Additionally, the Chaikin Money Flow (CMF) indicator was also rated in the negative territory, a sign of sustained selling pressure.
The Relative Strength Index (RSI) also joined the downward trend. At the time of writing, the RSI was at 45.34. The failure of the RSI value to cross the midpoint of 50.00 indicates that the bears may seize the momentum and stop the uptrend. This could mean a price below $0.70 for MATIC.
Directional Indicator (DMI) also supports this decline. At the time of writing, +DMI (green) was 15.34 and -DMI (red) was 24.61. The difference between DMIs shows that sellers currently outweigh buyers. Additionally, the Average Directional Index (ADX) was at 31.11, indicating a strong directional move in favor of the bears.
0.86 - 0.94
Martinez said investors who bought in this range may sell to avoid further losses, which could cause the price for MATIC to drop even further. The analyst also explained the potential levels of this decline.
Buying volume was in the range of $0.84 to $0.86, with most buyers entering the market at this level. Considering the accumulation in this range, it is important to examine the trading volume as well.
24-hour trading volume decreased by 42 percent. MATIC's bearish trend affected the market between November 20 and 22. During this time, MATIC price dropped from $0.85 to $0.72. However, with recent buying pressure, the price is currently at $0.77.
At the time of writing, the MACD indicator was in the negative territory and was interpreted as a sign of an ongoing decline. Additionally, the Chaikin Money Flow (CMF) indicator was also rated in the negative territory, a sign of sustained selling pressure.
The Relative Strength Index (RSI) also joined the downward trend. At the time of writing, the RSI was at 45.34. The failure of the RSI value to cross the midpoint of 50.00 indicates that the bears may seize the momentum and stop the uptrend. This could mean a price below $0.70 for MATIC.
Directional Indicator (DMI) also supports this decline. At the time of writing, +DMI (green) was 15.34 and -DMI (red) was 24.61. The difference between DMIs shows that sellers currently outweigh buyers. Additionally, the Average Directional Index (ADX) was at 31.11, indicating a strong directional move in favor of the bears.
0.86 - 0.94
