Blur (BLUR) Price Prediction 2024-2030: Will BLUR Price Hit $5 Soon?

• The bullish BLUR price prediction ranges from $0.9657 to $1.03.
• Analysis suggests that the BLUR price might reach above $1.23 soon.
• The BLUR bearish market price prediction for 2024 is $0.2712.

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, Blur (BLUR) is one of them.

The native governance token of the Blur platform, an original NFT marketplace and aggregator, is called Blur (BLUR). The platform provides a range of sophisticated capabilities, including multi-marketplace NFT comparisons, portfolio management, and real-time pricing feeds. It is intended to succeed where other platforms fail, especially in the area of NFT creator royalties.

If you are interested in the future of BLUR and want to know its predicted value for 2024, 2025, 2026, 2027, and 2030, keep reading!

Blur (BLUR) Market Overview

What is Blur (BLUR)?

Blur, a one-of-a-kind NFT marketplace and aggregator platform, has its own governance token, BLUR, which is gaining traction among professional NFT traders. This Ethereum-based platform has more advanced features than comparable platforms, such as real-time price feeds, portfolio management, and multi-marketplace NFT comparisons, as well as faster NFT sweeps and a more intuitive interface. 

Furthermore, BLUR recently airdropped 360 million tokens to top users, which may explain its growing popularity. The platform has received over $14 million in funding from reputable investors and traders such as Paradigm, 6529, Cozomo Medici, dhof, Bharat Krymo, Zeneca, OSF, MoonOverlord, and others. Since its October 2022 launch, BLUR has already made waves, and with its unique features and strong investor backing, it’s definitely one to watch in the NFT space.

Blur has carved out a niche in the highly competitive NFT market by excelling where other platforms have failed. One such area is the contentious category of creator royalties. The platform ensures a fair balance between creators and traders by offering extra BLUR tokens as an incentive for those who pay royalties.

Although Blur does not fully support secondary market creator royalties in the same way that OpenSea does, the platform has made a bold move to court creators by announcing that any collection that prevents sales on OpenSea can collect their full royalty fees on Blur.

Blur stands out from the competition due to its numerous features that support better NFT trading experiences. Real-time price feeds, faster NFT sweeps, and price sorting are among the features available. The platform’s user-friendly interface can also benefit newcomers to the NFT market.

Furthermore, Blur does not charge trading fees for NFT sales and allows traders to view their digital assets via its portfolio tab, which provides detailed information about rarity, value, profit and loss, and more. Blur has raised over $14 million from world-class investors and traders and is unquestionably a platform to keep an eye on in the NFT marketplace.

After the Merge event in 2022, the Proof-of-Stake consensus algorithm will be used by the Ethereum network to ensure BLUR’s operation on the Ethereum blockchain as an ERC-20 token. Validators, who invest 32 ETH to take part in consensus and validate transactions, use this approach to confirm transactions.

Analysts Views on Blur (BLUR)

We can observe that investors are on a long bias on Blur token as below.

Also, more tweets showing that Blur can reach as high as $2 within a few days according to this crypto analyst. 

Another tweet showing Blur is in a consolidation period until Binance is listed.

Blur (BLUR) Current Market Status

Blur (BLUR), which has a total supply of 3,000,000,000 BLUR, is trading at $0.6723 on CoinMarketCap. The 24-hour trading volume for BLUR is $473,244,453, up by 129.81%. And during the past 24 hours, the price of BLUR has increased by 15.47%.

The most well-liked exchanges for trading BLUR are Binance, KuCoin, Coinbase, Kraken, Bybit, Uniswap, and SushiSwap. Let’s continue looking at BLUR prices for 2024.

Blur (BLUR) Price Analysis 2024

On CoinMarketCap’s list of the largest cryptocurrencies, BLUR is ranked 91st by market capitalization. Will the most recent hype on BLUR additions, upgrades, and tweaks lead to a price increase? Let’s first concentrate on the BLUR price projection charts from this article.

Blur (BLUR) Price Analysis – Bollinger Bands

The Bollinger Bands are a technical analysis tool that is used to analyze price movement and volatility. Bollinger Bands (BB) utilize the time period and the standard deviation of the price. Normally, the default value of BB’s period is set at 20. The upper band of the BB is calculated by adding 2 times the standard deviations to the Simple Moving Average (SMA), while the lower band is calculated by subtracting 2 times the standard deviation from the SMA. Based on the empirical law of standard deviation, 95% of the data sets will fall within the two standard deviations of the mean.

During the last few months of December, the candlesticks were hugging the upper band of the Bollinger Bands. BLUR began its retracement after the candlestick broke above the upper band and began moving sideways within the upper and lower bands. A few days later, the candlesticks began moving upwards once again, testing the upper band. This may have triggered another uptrend.

The BBWP is currently valued at 88.94% and continues to move upward. This could be a confirmation that the bands may continue to stretch. If the band stretches during its uptrend, there may be a chance that BLUR could break above the upper band.

Blur (BLUR) Price Analysis – Relative Strength Index (RSI)

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region. Traders often use this tool to make decisions about when to buy or sell the tokens. When the RSI is often valued below or at 30, it is considered an oversold region, and a price correction could happen soon. Moreover, when the RSI is valued above or at 70, it is regarded as an overbought region, and traders expect the price to fall soon.

The RSI is currently valued at 70.62 after making a bullish cross with the SMA. It seems that RSI has signalled the presence of huge buyers in the market. Comparing it with Bollinger Bands, it seems that both indicators have confirmed that the recent price action was heavily influenced by the buyers in the market. Ideally, the traders would be expecting a price retracement. 

Blur (BLUR) Price Analysis – Moving Average Convergence Divergence (MACD)

The Moving Average Convergence Divergence (MACD) indicator can be used to identify potential price trends, momentums, and reversals in markets. MACD will make the reading of a moving average cross easier. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA. Normally, the default values for the MACD are set at the 12-day EMA, 26-day EMA, and 9-day EMA. Moreover, MACD is considered a lagging indicator as it cannot provide trade signals without any past price data. MACD plays an important role, as it can confirm trends and identify potential reversals.

Looking at the above chart, the green bars forming on the histogram are signs that BLUR is currently experiencing a spike in the short-term market. Moreover, the MACD line is moving upward after making a bullish cross. It seems that in the short-term period, the candlesticks would continue to grow and break a minor resistance level before a resistance. 

Blur (BLUR) Price Prediction 2024

Looking at the 1-day BLUR/USDT chart, the candlestick broke beyond the $0.6767 resistance. With several indicators highlighting the presence of buyers and a continuous uptrend in the market, there may be a chance that BLUR could break through many minor resistance levels. Since indicators showcase that BLUR has moved into the overbought region, we can expect that the altcoin could face a substantial retracement over the coming days.

Earlier, a retracement was noticed at 0.382 when BLUR’s increasing prices were highly influenced by buyers and developments. If BLUR fails to hold the 0.382 Fib level as a retracement, the altoin could fall even further to the 0.618 Fib level and the 0.786 Fib level. Meanwhile, the bullish price for BLUR is speculated to be $0.9657 for this year.

Blur (BLUR) Price Prediction 2025

BLUR could still experience the after-effects of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, BLUR will continue to rise in 2025, forming new resistance levels. It is expected that BLUR will trade beyond the $1.796 level.

Blur (BLUR) Price Prediction 2026

It is expected that after a long period of bull runs, the bears will come into power and start negatively impacting cryptocurrencies. During this bearish sentiment, BLUR could tumble into its support regions. However, when BLUR remains in the oversold region, there could be a price correction soon. BLUR, by the end of 2026, could be trading beyond the $2.45 resistance level after experiencing the price correction.

Blur (BLUR) Price Prediction 2027

Naturally, traders expect bullish market sentiment after the crypto industry was negatively affected by the bears’ claw. BLUR is expected to rise after its slumber in the bear season. Moreover, BLUR could even break more resistance levels as it continues to recover from the bearish run. Therefore, BLUR is expected to trade at $2.87 by the end of 2027.

Blur (BLUR) Price Prediction 2028

Once again, the crypto community is looking forward to this year, as there will be a Bitcoin halving. Like many altcoins, BLUR will continue to form new higher highs and is expected to move on an upward trajectory. Hence, BLUR would be trading at $3.15 after experiencing a massive surge by the end of 2028. 

Blur (BLUR) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected after the aftermath, BLUR could be trading at $3.43 by the end of 2029.

Blur (BLUR) Price Prediction 2030

After witnessing a bullish run in the market, BLUR and many altcoins would show signs of consolidation and might trade sideways for some time while experiencing minor spikes. Therefore, by the end of 2030, BLUR could be trading at $3.21.

Blur (BLUR) Price Prediction 2040

The long-term forecast for BLUR indicates that this altcoin could reach a new all-time high (ATH). This would be one of the key moments, as hodlers may expect to sell some of their tokens at the ATH point. However, BLUR may face a slight fall before starting its upward journey once again. It is expected that the average price of BLUR could reach $13.662 by 2040.

Blur (BLUR) Price Prediction 2050

The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, BLUR could surpass the resistance level of $29.49. 

Conclusion

To summarize, if investors continue to show interest in BLUR and add these tokens to their portfolio, then it could continue to rise. BLUR’s bullish price prediction shows that it could pass beyond the $0.9657 level in 2024. Moreover, BLUR could surpass the $29.49 level by the end of 2050. 

FAQ

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.