BLUR Price Soars To New Highs! Why BLUR Token Is On The Rise?
Following the NFT ecosystem surging over 45%, the total NFT sales volume surpassed the $18 Million mark, resulting in the category experiencing a significant upswing in price.
The Blur price was trading in a narrow space of $0.1538 and $0.1734 since September. During this time, the price displayed massive volatility and sold close to its upper level. Following the market pump, the BLUR token gained momentum and successfully broke out of it.
The price continued to gain value but was rejected at $0.2198, after which the price traded in a consolidated range between $0.1734 as its support and $0.2198 as its resistance. Following the Golden Cross, the token regained momentum and broke out of the level but was again rejected at the resistance level of $0.2626.
If the bulls push the price above the resistance level of $0.4051, the price will regain momentum and run to test its upper resistance level of $0.4500 in the coming days. Maintaining the price at that level will set the stage for the coin to attempt to test its key resistance level of $0.500 by the month-end.
Conversely, if the bears overpowered the bulls, the price will lose momentum and fall to test its support level at $0.3517 soon. Moreover, if the bears continue dominating the market, it will further plunge and test its lower support level of $0.3019 in the coming weeks.
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