The post BLUR Price Continues To Bleed! Will BLUR Token Bounce Back? appeared first on Coinpedia Fintech News
Following the bullish momentum the market has experienced during the month of November, BLUR price has displayed massive price action by adding over 125% in value this month alone. On the other hand, the price has been trading under a bearish influence for about a week, suggesting a possibility of a massive correction in the coming time.
The BLUR price constantly struggled between the consolidated range of $0.2198 and $0.3019, following which the bulls overpowered the bears and the price jumped. With the increasing bearish pressure, the price was rejected at $0.3941 after which it was seen trading sideways for a while.
As the price broke out of the resistance level, the market experienced a short relief, but the price experienced a short in its value following achieving the price tag of $0.450, indicating a liquidating zone in the space.
TradingView: BLUR/USDT
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