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Blur (BLURUSD) Price Goes Bullish Again

Johnathon Fox
11/27/2023 | UPDATED ON: 11/27/2023

Blur (BLURUSD) Price Forecast: November 27
The BLURUSD pair goes bullish again amidst the recent volatility in the crypto market; the pair remains strong under bullish pressure while resisting sellers to sustain the recovery pattern. The crypto at the moment is currently recovering and facing the upper channel. Thus, if the coin closes above a $0.6753 high mark, the accelerated buying pressure may increase the coin price to hit the $0.7000 upper resistance level, resulting in an intraday gain and a potential buy signal for the coin holders.

Key Levels:
Resistance Levels: $0.5500, $0.6000, $0.6500
Support Levels: $0.4000, $0.3500, $0.3000

BLUR (USD) Long-term Trend: Bullish (4H Chart)
The BLURUSD pair goes bullish again, as can be seen from the chart below. The coin price now trades in the upper channel of the market and confirms a bullish race. This is due to the high impact of the buy investors in the coin market.
Blur (BLURUSD) Price Goes Bullish Again
The strong push by the bulls to the $0.6101 supply trend level during the past session has contributed to its bullishness in its recent high.

The bulls’ dominance in the market is confirmed by today’s 4-hour bullish candle at the $0.6164 supply value above the moving average line.

However, there are bullish signals above the level of $0.5548 which indicates a possible further increase in the market value as the coin price goes bullish again.

Additionally, Blur price indicates an upward momentum on the daily signal, this indicates that the pair will continue to increase to the upsides and this may get to the $0.7000 upper resistance trend mark soon as it remains bullish again in its long-term outlook.

BLUR (USD) Short-term Trend: Bullish (1H Chart)
The BLURUSD price goes bullish again also in its short–term outlook can be seen trading strong under bullish pressure above the supply trend levels.
Blur (BLURUSD) Price Goes Bullish Again
The high demand from the bulls in the previous session has sustained the coin price above the supply levels in its recent high.

Earlier today, the coin buyers caused a rise in the price of Blur to a high at the $0.6164 level above the moving average. This current trend will enable the price to remain on the upside and rise or break to the upside. This however creates a strong area of interest for buyers.

Hence, with the price of BLURUSD pointing upwards on the daily stochastic, this means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely hit the $0.7000 upper resistance level soon as it remains and goes bullish again in its medium-term outlook.

Buy Blur on eToro

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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