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The Blur price surged 25% in the past 24 hours to trade at $0.645 at 6:19 p.m. EST.
This surge can be attributed to the listing of BLUR in Binance’s convert feature, leading to an upward trajectory that doubled its value over the past week.
This feature, designed for Binance’s retail customers, enables seamless asset trading without relying on a traditional order book. The convenience and accessibility of Binance’s convert feature likely attracted more traders to engage with BLUR.
GM$BLUR listed on Binance pic.twitter.com/DBJHhSePJo
— dubzy (@dubzyxbt) November 24, 2023
The volume for BLUR trading pairs reached $1 billion within the last 24 hours. Speculators are actively participating, aiming to capitalize on the heightened enthusiasm surrounding the introduction of Blast. This suggests a growing interest and demand for BLUR in the market.
Since its recent launch, Blast (created by Blur developers) has amassed deposits surpassing $400 million and is slated to execute an airdrop in May 2024.
Blur Price Approaches April High at $0.84
BLUR found stability at $0.16 and subsequently rallied to a resistance level of $0.45. Following a correction, the price retraced to the $0.32 support zone, highlighting robust bullish control as buyers propelled it beyond the $0.45 resistance.
The confirmation of the cup-and-handle pattern occurred on Wednesday when BLUR’s price breached the $0.45 resistance, confirming the uptrend in the short to medium term.
Currently, BLUR is trading above the 50-day and 200-day simple moving averages, which affirms the positive outlook and functioning as immediate long-term support.
Despite a recent downturn, the Relative Strength Index (RSI) remains above the overbought threshold at 80, rebounding from the neutral level of 50. This indicates sustained momentum and buying pressure, solidifying an overall bullish sentiment.
Blur Price: Potential 66% Surge
With a target set at April’s high of $0.84, the cup-and-handle pattern implies a potential 66% surge from BLUR’s current price. However, bullish investors should be conscious of the potential for a market downturn that could erase profits. The $0.32 support zone is a crucial protective buffer in this context.
If you missed out on Blur’s surge, consider BTCETF as an emerging cryptocurrency currently in its presale phase with the potential for substantial returns for early investors.
BTCETF Token Presale Reaches $1.6 Million
The emergence of the Bitcoin ETF Token (BTCETF) comes at a time of heightened excitement within the cryptocurrency sector, particularly with the anticipation surrounding the approval of a spot Bitcoin ETF.
🔍 The #BitcoinETF — a long-awaited focus for #Crypto entrepreneurs.
Simplifying #Bitcoin interest, it enables stock market traders to access digital asset shares via regular brokerage accounts, bypassing the complexities of direct purchase and storage. pic.twitter.com/dCeBuzd1n3
— BTCETF_Token (@BTCETF_Token) November 24, 2023
BTCETF presents an intriguing opportunity for investors as it operates as an ERC-20 token. This unique characteristic allows investors to speculate about potential market shifts that may occur following the approval of a spot Bitcoin ETF.
Participating in the 5th presale stage offers an early entry point, opening up the possibility of maximizing gains as the project evolves. The substantial secured funding of $1.6 million reflects robust community support, setting a positive tone for BTCETF’s future success.
#BitcoinETF Stage 5 is now live! 🚀 pic.twitter.com/bz0twyXA77
— BTCETF_Token (@BTCETF_Token) November 24, 2023
The token price of $0.0058 is set to rise in a little less than three days, presenting an advantageous opportunity for investors to strategically position themselves for potential profits as the token’s value appreciates.
Acting promptly will allow you to secure tokens at a favorable price before the hike, maximizing the potential for favorable outcomes.
As the project nears its $2.1 million target, there is a high probability of heightened demand for BTCETF tokens. This increased demand will increase the token’s value, giving investors an enticing return prospect.
Get BTCETF Early, Stake, Earn 156% APY
BTCETF offers an attractive staking opportunity with a high annual yield of 156%. The staking process involves purchasing and holding tokens, which can earn participants a significant return on investment.
Currently, 167 million tokens have already been staked out of the total allocation of 525 million for this purpose, indicating strong interest from the community and presale investors.
The rewards are distributed at 119 tokens per Ethereum (ETH) block, creating an additional incentive for you as an investor.
Jacob Bury, a prominent YouTuber and crypto analyst, has expressed his confidence in the BTCETF token, outlining his investment decision in a video in which he says it might 10X.
If you’re ready to dive in, visit the Bitcoin ETF token website and connect your Web3 wallet. You can exchange your ETH, BNB, or Matic tokens for BTCETF from there. Alternatively, the website facilitates transactions using your bank card if you prefer a direct purchase.
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