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Latest Update on $BLUR ..what’s going on?
Almost 50 million tokens, amounting to $32.29 million, have been recently unlocked by Blur (BLUR), a professional-focused NFT marketplace.
This coincides with a notable surge in NFT trading, where Blur (BLUR) plays a substantial role in the overall NFT trading volume.
Established in 2022, this marketplace caters specifically to professional content creators and has demonstrated noteworthy resilience amidst market fluctuations.
Within a price range of $0.405 and $0.671, Blur's (BLUR) 10-day Moving Average stands at $0.66, while the 100-day Moving Average is positioned at $0.551.
The support level for Altcoin is identified at $0.262, with resistance encountered at $0.794 and $1.059.
In the event of Blur's ($BLUR ) breakout persisting, a potential 85% increase to the next resistance at $1.25 is plausible. Conversely, a close below $0.55 would invalidate this bullish projection, potentially resulting in a 55% decline to the nearest support level at $0.3.
The trajectory of Blur ($BLUR) hinges on sustained interest in NFTs and the performance of its marketplace within the competitive NFT sector.
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