BLESS Price Surges After Airdrop — Full Story Inside

The Bless (BLESS) airdrop launched on Sept. 23, sending the token to a fresh all-time high.

With only 8.5% of its supply in circulation, BLESS quickly gained momentum, helped by listings on Binance and Kraken.

Now, traders are watching closely to see whether this rally has legs for the rest of the year.

BLESS Airdrop

Bless is a decentralized edge-computing network that provides on-demand CPU and GPU power close to end users for AI, machine learning, gaming, and data processing tasks.

It aims to create a “shared supercomputer” by leveraging distributed resources so that users can run compute-intensive operations without relying on centralized cloud infrastructure.

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When Binance listed BLESS on its “Alpha” platform, it ran an airdrop campaign for eligible users.

Users needed to claim the airdrop via the Binance Alpha Events page during a limited window.

Shortly after its release, Kraken announced it had listed BLESS in its trading platform.

Blesss released 8.5% of its supply for the airdrop, which generated strong demand and drove BLESS’s price surge.

BLESS Price

There isn’t much price action to make a BLESS prediction, so this technical analysis should be viewed cautiously.

BLESS completed a five-wave upward movement, leading to a new all-time high price of $0.107.

The triangle in wave four confirms this is the correct count, and that an A-B-C corrective structure (red) has started.

If the count is accurate, BLESS is in wave B of an A-B-C correction that will end near the 0.618 Fibonacci retracement support level at $0.062.

So, while the BLESS trend is impulsive, the price has likely not been corrected yet, and another downward movement awaits.

What Lies Ahead

BLESS’s launch created strong demand and an impressive early rally, but the charts point to more correction before any sustained move higher.

The $0.062 to $0.070 support area will be key to determining whether the BLESS price moves higher.

About the Author

Valdrin Tahiri

Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.

He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.

Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.

He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.

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