The BLUR divergence led to a decline



🍂The BLUR price has risen rapidly since breaking through the descending resistance trend line on October 18. This breakout caused the price to reach a high of $0.69 on November 24.

SINCE THEN, THE BLUR PRICE HAS FALLEN, AND BEFORE THAT, THERE HAS BEEN A BEARISH DIVERGENCE FROM THE RSI (GREEN LINE). This divergence occurs when the price rises while the momentum decreases.

🌓 If BLUR continues to fall, it could fall by 20% and hit the nearest support level of $0.40.

Despite the bearish prediction for the BLUR price, an abrupt reversal of the trend could lead to a 60% price increase, reaching the next resistance near $0.80.

(来源:TV-Beincrypto)
BLUR17.47%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
Masumhasan
· 2023-11-28 16:59
WAGMI🤑
Reply0
FangFei
· 2023-11-28 11:14
Ambush the coin circle 100 times the coin 👍
View OriginalReply1
  • Pin