Key Takeaways
The BLUR token fell to a low in October 2023 but went up until February 2024. Since then, however, it has fallen and reached an all-time low in August.
Since then, it has recovered somewhat, and on Dec. 10, 2024, BLUR was worth about $0.3475.
Let’s examine our price predictions for Blur, made on Dec. 10, 2024. We will also examine the BLUR price history and discuss what BLUR is and does.
Our BLUR price predictions are created using two methods. More specifically, predictions are created using fractals (mirroring movements and indicator readings) and the wave count.
The mean of the two predictions gives the average BLUR price prediction. The more bullish prediction is used for the maximum price prediction, while the more bearish prediction is used for the minimum.
Minimum BLUR Price Prediction | Average BLUR Price Prediction | Maximum BLUR Price Prediction | |
---|---|---|---|
2025 | $0.22 | $0.55 | $0.78 |
2026 | $0.30 | $0.90 | $1.50 |
2030 | $0.80 | $2 | $4.50 |
The price prediction for 2025 considers BLUR’s ongoing Elliott Wave structure, where wave (v) targets higher Fibonacci extensions of wave (iii). If the bullish trend continues, BLUR could achieve its maximum target of $0.78, while a failure to sustain momentum or a market correction could result in a low of $0.22, with the average price hovering near $0.55.
By 2026, BLUR’s development within its ecosystem and broader market adoption could push the price higher, supported by extended growth in decentralized platforms. The bullish scenario could drive the price to $1.50, while a moderate growth environment would stabilize it around $0.90, with downside risks bringing it to a minimum of $0.30.
By 2030, the long-term growth potential for BLUR depends on continued utility, adoption, and market maturity. If the project achieves widespread adoption and benefits from macroeconomic tailwinds, BLUR could reach as high as $4.50. At the same time, a steady growth trajectory would average around $2, with a downside limited to $0.80 in bearish conditions.
BLUR recently completed wave three of its Elliott Wave structure, peaking at $0.45 on Dec. 7. This rally broke key resistance levels, signaling strong bullish momentum. However, the price has entered wave four corrections, retracing toward critical Fibonacci levels.
BLUR is testing the 0.786 Fibonacci level at a level near $0.31, which is a vital support for stabilizing the correction. The RSI cooling from overbought levels supports further consolidation before wave five, potentially leading to a bullish continuation.
BLUR is in wave four, retracing from its $0.45 peak to a recent low of $0.29. It is currently trading near $0.35. This correction aligns with Elliott Wave principles, with wave four unlikely to enter wave one territory, preserving the bullish outlook.
An ABC corrective pattern is forming, with wave B possibly reaching $0.38 before wave C tests $0.28 or deeper support at $0.24. A breakout from the correction could initiate a new wave, targeting $0.51 and $0.55, while a drop below $0.22 would invalidate this bullish setup. The Blur price prediction for the next 24 hours depends on whether or not it can hold above $0.22.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Dec. 10, 2024, BLUR’s RSI was 51, indicating a very slightly bullish sentiment.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Dec. 10, 2024, BLUR’s ATR was 0.08, implying low volatility. It has fallen since May 2023 and is at an all-time low.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Dec 10, 2024, BLUR scored 62.7 on the CCN Index, suggesting momentum strong enough to suggest a trend shift might be imminent.
BLUR is part of the NFT category. So, let’s compare it to tokens in the same category to measure its performance relative to theirs.
We examined the BLUR price history and found the lowest prices on certain days, months, quarters, and even weeks in the year, indicating the best times to buy BLUR.
Time to Buy BLUR | Best Days, Weeks, Months and Quarters |
---|---|
Best Day | Friday |
Best Week | 48 |
Best Month | November |
Best Quarter | Fourth |
Following that, let’s examine some key dates in the BLUR price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can give us some very useful context when making or interpreting a Blur price prediction.
Period | BLUR Price |
---|---|
Last week (Dec. 3, 2024) | $0.4053 |
Last Month (Nov. 10, 2024) | $0.2536 |
Three Months Ago (Sept. 10, 2024) | $0.1856 |
Last Year (Dec. 10, 2023) | $0.5409 |
Launch Price (Feb. 13, 2023) | $45.98 |
All-Time High (Feb. 13, 2023) | $45.98 |
All-Time Low (Aug. 5, 2024) | $0.1092 |
The market capitalization, or market cap, is the sum of the total number of BLUR tokens in circulation multiplied by their price.
On Dec 10, 2024, BLUR’s market cap was $715 million, making it the 131st-largest crypto by that metric.
On Dec. 10, 2024, one wallet held nearly 30% of the BLUR supply.
As of Dec. 10, 2024, the five wallets with the most BLUR tokens were:
Supply and Distribution | Figures |
---|---|
Total supply | 3,000,000,000 |
Circulating supply as of Dec. 10, 2024 | 2,061,513,521 (68.71% of the circulating supply) |
Holder distribution | Top 10 holders owned 81.33% of the total supply as of Dec. 10, 2024 |
According to its whitepaper , BLUR is an ERC-20 token governing the Blur marketplace and Blend lending protocols. Decisions are made through a structured DAO governance process involving community proposals and votes. The protocol controls parameters for value accrual, distribution, and various on-chain functions, with committees ensuring the proper implementation and management of these activities.
Blur is a platform that allows traders to get involved in the world of non-fungible tokens (NFTs). While these rights to links to individual digital art pieces are not as fashionable as in late 2021 and early 2022, there is still a market for them.
A group of pseudonymous developers, including two named Pacman and Zeneca, founded Blur in 2023.
The BLUR token supports the Blur platform based on the Ethereum (ETH) blockchain.
Blur allows people to profit from NFT trades and also helps reward NFT creators.
BLUR supports the network. The token’s holders can vote on changes to the network. BLUR also rewards the people who create NFTs. People can also buy, sell, and trade BLUR on exchanges.
Because BLUR is based on Ethereum, it is a token, not a coin. You might see references to a BLUR coin price prediction, but these are wrong.
BLUR has not performed well since its launch. With an over 90% decline since its all-time high, BLUR is clearly still in a long-term downtrend. Our long-term price predictions align with this possibility.
No one can really tell right now. While the Bitcoin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in Blur, you will have to do your own research and ensure that you never invest more money than you can afford to lose.
Technical analysis by Nikola Lazic.
Our price predictions suggest that BLUR could, potentially, reach $1 in 2026.
BLUR holders can vote on changes to the Blur network. People can also buy, sell, and trade it on exchanges.