Blur is one of the 👀eye-catching👀 cryptocurrencies that has caught a lot of attention lately, so at first better to take a look at how it goes fundamentally.
Blur Fundamental Analysis:
The recent BLUR token airdrop has given the overall NFT space a fresh breath.
Until now, all NFT marketplaces like OpenSea and Foundation have focused on NFT collectors and...
Blur is trending.
This is how the chart looks.
I am holding some since $0.98
I plan to hold this one with a target of $2.50.
Also listed on Coinbase and Kucoin.
Entry:- $0.12 to $1.28
Targets:- $1.66, 1.89, $2.13, $2.50
Stop Loss:- $0.89
PRO TIP:- BUY THE RED DAYS!
This is not financial advice.
DYOR
Do hit the like button if you want me to post more trade...
Looking for a retest of some higher volume nodes higher. I like the formation here with yesterdays drop into a roll over with bounce again. Much healthier formation and potential base to move higher from.
Have some high volume areas that may be resistance on the way up. Orange lines are weekly POC's and yellow are daily POC's.
I'm long at 0.775
If you received this airdrop, congratulations. Traditionally, airdrops with good tokenomics and a use case which is already very apparent seem to have good success after the initial dump. Take Uniswap for example. There are also many bullish calalysts that could ramp up liquidity such as being added to other major exchanges (other than Coinbase - Binance, ByBit...
A small analysis of the beginning of BLUR trading: The price quickly collapsed after the start of trading due to large sales (many large holders quickly submitted the token). After the fall, the price forms a rising channel. I have indicated the first support and resistance levels that will help you navigate the price movement today.
