1
The trading volume and market cap have started to increase, indicating potential buying momentum.
2
Technically, BLUR is facing resistance but shows bullish indicators with an RSI of 44.29 crossing the smoothened line from below and a bullish MACD crossover.
The OI data shows the Total number of open contracts in the BLUR Crypto. The OI data analysis of the token saw a continuous advance in the number of OI contracts in the past sessions. During the past session, open contracts rose from 100 million to 190 million by February end of 2024. However, there has been an OI decline afterward up to 95 million by mid-March 2024, thereon the OI started increasing and the price resonated with it and showed a spike as well.
Moreover, the Blur chart shows the relationship between the token’s volume, market cap, and price. Looking at the chart, it is observed that both Blur asset volume and price were declining from February end of 2024. That meant a
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