BLUR price rebounds from a 7-day low, with bullish momentum gaining strength and attracting investors.
Positive indicators like rising RSI and CMF suggest BLUR’s potential for further price gains.
Increased volume and investor confidence signal a bright outlook for BLUR’s market performance.
After a period of bull and bear struggle for market domination in the Blur (BLUR) market, bears prevailed, dropping the token’s price to a 7-day low of $0.2953. This abrupt price drop was primarily attributed to increased selling pressure from investors worried about the broader market attitude.
On the other hand, the bulls remained upbeat and perceived this decline as a buying opportunity, resulting in a rise in purchasing pressure. Despite the initial decrease, bulls skyrocketed the price to an intra-day high of $0.37678 before settling at $0.370972 at the time of press, according to Coinstats.
During the bullish rally, the price rose steadily, indicating investor confidence in the market. Consequently, the BLUR market capitalization and 24-hour trading volume increased by 8.0% and 239.01%, to $395,344,168 and $248,643,407, respectively. This rise in market activit…
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