{"id":203399,"date":"2023-11-30T08:51:18","date_gmt":"2023-11-30T03:21:18","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=203399"},"modified":"2023-11-30T08:51:18","modified_gmt":"2023-11-30T03:21:18","slug":"will-blur-prices-take-a-u-turn-after-this-development-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/will-blur-prices-take-a-u-turn-after-this-development-crypto-news\/","title":{"rendered":"Will Blur prices take a U-turn after this development &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"single-post-author-top\">\n<p>Journalist<\/p>\n<\/div>\n<p>\n<span class=\"mvp-post-date updated\">Posted: November 30, 2023<br \/>\n<\/span><\/p>\n<\/div>\n<div>\n<ul>\n<li><em><span style=\"font-weight: 400\">Blur will now be paired with FDUSD.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400\">Blur has decreased in value by over 23% in the last five days.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Binance recently announced a new trading pair for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/search\/blur\" data-wpel-link=\"internal\">Blur<\/a>. Did it express the same level of enthusiasm as it did when it was listed on Binance? Additionally, has the inflow into exchanges decreased following its recent airdrop?<\/span><\/p>\n<h4><b>Blur gets a new pair<\/b><\/h4>\n<p><span style=\"font-weight: 400\">Binance revealed <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/eng.ambcrypto.com\/binance-opens-blur-trading-floor-as-price-surges-25\/\" data-wpel-link=\"internal\">Blur\u2019s<\/a> listing slightly over a week ago. On 29th November, the exchange made an additional <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/notice-on-new-trading-pairs-on-binance-spot-2023-11-30-72a2e4427f84455d8d0bbd0a0f4e557a\" data-wpel-link=\"external\">announcement<\/a>, specifying that the token would now be paired with a new stablecoin, FDUSD. <\/span><\/p>\n<p><span style=\"font-weight: 400\">This stablecoin, endorsed by the exchange, would serve as the fresh spot trading pair for Blur.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Essentially, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/eng.ambcrypto.com\/heres-a-look-at-the-binance-ecosystem-following-its-indictment\/\" data-wpel-link=\"internal\">Binance<\/a> was broadening the range of spot pairing options available for the token. This expansion had the potential to boost trade volume by facilitating more interactions. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The last time there was a Blur-related announcement, the token had responded positively.<\/span><\/p>\n<h4><b>Did BLUR react?<\/b><\/h4>\n<p><span style=\"font-weight: 400\">Despite the latest announcement from Binance, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/eng.ambcrypto.com\/blur-prices-fall-by-8-but-nfts-take-a-different-route\/\" data-wpel-link=\"internal\">Blur<\/a> displayed no notable reaction on the daily timeframe chart. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Over the past five days, it has incurred a loss exceeding 23%. This was a move away from the positive trends observed after the Binance listing announcement. <\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of this update, Blur was trading with a 2% decrease in value, trading around $0.5.<\/span><\/p>\n<div id=\"attachment_80187\" style=\"width: 1803px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/engamb.sfo2.digitaloceanspaces.com\/wp-content\/uploads\/2023\/11\/29165005\/BLURUSD_2023-11-29_11-51-54.png\" data-wpel-link=\"external\"><img decoding=\"async\" aria-describedby=\"caption-attachment-80187\" loading=\"lazy\" class=\"size-full wp-image-80187\" src=\"https:\/\/engamb.sfo2.digitaloceanspaces.com\/wp-content\/uploads\/2023\/11\/29165005\/BLURUSD_2023-11-29_11-51-54.png\" alt=\"BLUR\/USD price trend\" width=\"1793\" height=\"752\" \/><\/a><\/p>\n<p id=\"caption-attachment-80187\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400\">Also, its Relative Strength Index (RSI) showed that it was still in a bull trend, with its line over 60.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, the short and long moving averages (yellow and blue lines) were below the price trend. This suggests that the current price trend lacks sufficient positivity, potentially indicating a continued decline.<\/span><\/p>\n<p><span style=\"font-weight: 400\"> But a reversal in the price trend, coupled with the crossing of moving averages upwards, could signal the beginning of a more robust bull run.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center\">How much are <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/convert\/1-blur-to-usd\" data-wpel-link=\"internal\">1,10,100 BLURs worth<\/a> today<\/p>\n<hr \/>\n<h4><b>How the exchange flow has trended<\/b><\/h4>\n<p><span style=\"font-weight: 400\">An examination of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/eng.ambcrypto.com\/massive-blur-sell-offs-continue-days-after-airdrop-announcement\/\" data-wpel-link=\"internal\">Blur<\/a> exchange flows reveals a recent stabilization in both inflow and outflow over the past few days. Following the announcement of the airdrop, there was a surge in exchange activity, reaching levels unprecedented in months. <\/span><\/p>\n<p><span style=\"font-weight: 400\">As of this writing, the outflow volume was around 704,000, while the inflow volume was around 734,000. This suggests that the extreme levels of sell-offs or accumulations have subsided, indicating a more balanced market sentiment.<\/span><\/p>\n<div id=\"attachment_80188\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/engamb.sfo2.digitaloceanspaces.com\/wp-content\/uploads\/2023\/11\/29165118\/Blur-BLUR-12.10.27-29-Nov-2023-scaled.jpg\" data-wpel-link=\"external\"><img decoding=\"async\" aria-describedby=\"caption-attachment-80188\" loading=\"lazy\" class=\"size-full wp-image-80188\" src=\"https:\/\/engamb.sfo2.digitaloceanspaces.com\/wp-content\/uploads\/2023\/11\/29165118\/Blur-BLUR-12.10.27-29-Nov-2023-scaled.jpg\" alt=\"Blur exchange flow\" width=\"2560\" height=\"867\" \/><\/a><\/p>\n<p id=\"caption-attachment-80188\" class=\"wp-caption-text\">Source: Santiment<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Journalist Posted: November 30, 2023 Blur will now be paired with FDUSD. Blur has decreased in value by over 23% in the last five days. Binance recently announced a new trading pair for Blur. Did it express the same level of enthusiasm as it did when it was listed on Binance? Additionally, has the inflow [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":203400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-203399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=203399"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203399\/revisions"}],"predecessor-version":[{"id":203402,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203399\/revisions\/203402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/203400"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=203399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=203399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=203399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}