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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)