Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Blur (BLUR) Price Prediction 2023-2030: Will BLUR Price Hit $5 Soon?

Published 02/20/2023, 06:17 AM
Updated 02/20/2023, 06:30 AM
© Reuters Blur (BLUR) Price Prediction 2023-2030: Will BLUR Price Hit $5 Soon?

  • Blur (BLUR) price prediction ranges from $1.1693 to $3.9.
  • Analysis suggests that the BLUR price might reach above $5 soon.
  • The BLUR bearish market price prediction for 2023 is $0.8289.

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 2023, 2024, 2025, and 2030, keep reading!

Table of contents

  • Blur (BLUR) Market Overview
  • What is Blur (BLUR)?
  • Analysts Views on Blur (BLUR)
  • Blur (BLUR) Current Market Status
  • Blur (BLUR) Price Analysis 2023
    • Blur (BLUR) Price Analysis – Keltner Channel
    • Blur (BLUR) Price Analysis – Relative Strength Index
  • Blur (BLUR) Price Prediction 2023
  • Blur (BLUR) Price Prediction 2024
  • Blur (BLUR) Price Prediction 2025
  • Blur (BLUR) Price Prediction 2026
  • Blur (BLUR) Price Prediction 2027
  • Blur (BLUR) Price Prediction 2028
  • Blur (BLUR) Price Prediction 2029
  • Blur (BLUR) Price Prediction 2030
  • Blur (BLUR) Price Prediction 2040
  • Blur (BLUR) Price Prediction 2050
  • Conclusion
  • FAQ

Blur (BLUR) Market Overview

HTTP Request Failed... Error: file_get_contents(https://api.coingecko.com/api/v3/coins/blur): Failed to open stream: HTTP request failed! HTTP/1.1 429 Too Many Requests

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, are used 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 over $1.27 on CoinMarketCap. The 24-hour trading volume for BLUR is $558,403,097, down by 21.32%. And during the past 24 hours, the price of BLUR has decreased by 6.62%.

The most well-liked exchanges for trading BLUR are KuCoin, Coinbase (NASDAQ:COIN), Kraken, Bithumb, Uniswap, and Sushiswap. Let’s continue looking at BLUR prices for 2023.

Blur (BLUR) Price Analysis 2023

On CoinMarketCap’s list of the largest cryptocurrencies, BLUR is ranked 88th place by market capitalization. Will the most recent hypes 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 – Keltner Channel

BLUR/USDT 1-Hour Chart Showing Keltner Channel (Source: TradingView)

When volatility bands are placed on each side of an asset’s price, the Keltner Channel can be used to detect a trend. The Keltner Channel signals for BLUR/USDT can be used to forecast the price of Blur (BLUR). Blur is now fluctuating close to the middle zone of the Keltner Channel, meaning that longers and shorters are going through a tug-of-war for BLUR. We should wait for a reversal or a better entry point in order to increase the reward-to-risk ratio and achieve a better risk-free situation.

Blur (BLUR) Price Analysis – Relative Strength Index

BLUR/USDT 1-Hour Chart Showing Relative Strength Index (Source: TradingView)

The RSI is more stable during uptrends than during downtrends. It makes sense, given that the RSI measures gains and losses. During an upswing, more big gains result in a higher RSI. In contrast, the RSI tends to stay at lower values. The 1-hour chart number is 55.39, and an RSI value above 50 indicates that the market is now in an uptrend. Investors should wait for more confirmation patterns before entering the trader to lower the potential risks.

Blur (BLUR) Price Prediction 2023

BLUR/USDT 1-Hour Chart (Source: TradingView)

Looking at the 1-hour chart of BLUR/USDT, the BLUR price has been up since it first got listed on major exchanges. BLUR reached its highest at $1.4001 on the previous day. However, it cannot make a new high and has been consolidating since then.

Meanwhile, our long-term BLUR price prediction for 2023 is bullish if it cannot break the support level. We can expect BLUR to reach $3 this year.

Blur (BLUR) Price Prediction 2024

There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect BLUR to trade at a price, not below $6 by the end of 2023.

Blur (BLUR) Price Prediction 2025

We should expect the price of BLUR to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to the Bitcoin halving over the previous year. Hence, BLUR could end 2025 by trading at around $10.

Blur (BLUR) Price Prediction 2026

Since the maximum supply of BLUR is approached by 2026, the bearish market that follows a BLUR bullish run impacts its previous price due to the entrance of more institutional investors to its platform. With this, the cost of BLUR could break the usual trend and trade at $14 by the end of 2026.

Blur (BLUR) Price Prediction 2027

Investors expect a bullish run next year, 2028, due to Bitcoin halving. Hence, the price of BLUR could consolidate the previous gains and even break more psychological resistance levels due to investors’ positive sentiment. Therefore, BLUR could trade at $20 by the end of 2027.

Blur (BLUR) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is possible that the market could attain higher high values. Blur (BLUR) could hit $24 by the end of 2028.

Blur (BLUR) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of BLUR to $30 by the end of 2029.

Blur (BLUR) Price Prediction 2030

The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We expect the price of Blur (BLUR) to trade at around $38 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Blur (BLUR) Price Prediction 2040

According to our long-term BLUR price estimate, BLUR prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $72 by 2040. If the market turns bullish, the price of BLUR could go up beyond what we predicted for 2040.

Blur (BLUR) Price Prediction 2050

According to our BLUR forecast, the average price of BLUR in 2050 might be above $150. If more investors are drawn to BLUR between these years, the price of BLUR in 2050 could be far higher than our projection.

Conclusion

BLUR might reach $5 in 2023 and $38 by 2030 if investors decide that BLUR is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

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.

How to buy BLUR tokens? BLUR can be traded on many exchanges like other digital assets in the crypto world. KuCoin, Coinbase, Kraken, Bithumb, Uniswap, and Sushiswap are currently the most popular cryptocurrency exchanges for trading BLUR.

Will BLUR surpass its current ATH? Since BLUR provides investors with several opportunities to profit from their crypto holdings, it is a good investment in 2023. Notably, BLUR has a high possibility of surpassing its current ATH in 2023.

Can BLUR reach $10 soon? BLUR is one of the few active crypto assets that continue to rise in value. As long as this bullish trend continues, BLUR might break through $5 and reach as high as $10. If the current market favoring crypto continues, it will likely happen.

Is BLUR a good investment in 2023? BLUR is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. BLUR is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.

What Is the lowest price of BLUR? The lowest BLUR price is $0.4318, attained on February 14, 2023, according to CoinMarketCap.

Which year was BLUR launched? BLUR was launched in 2023.

Who are the co-founders of BLUR? Blur’s founders and developers are active only through pseudonyms.

What is the maximum supply of BLUR? The maximum supply of BLUR is unknown.

How do I store BLUR? BLUR can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the BLUR price in 2023? BLUR price is expected to reach $3 by 2023.

What will be the BLUR price in 2024? BLUR price is expected to reach $6 by 2024.

What will be the BLUR price in 2025? BLUR price is expected to reach $10 by 2025.

What will be the BLUR price in 2026? BLUR price is expected to reach $14 by 2026.

What will be the BLUR price in 2027? BLUR price is expected to reach $20 by 2027.

What will be the BLUR price in 2028? BLUR price is expected to reach $24 by 2028.

What will be the BLUR price in 2029? BLUR price is expected to reach $30 by 2029.

What will be the BLUR price in 2030? BLUR price is expected to reach $38 by 2030.

What will be the BLUR price in 2040? BLUR price is expected to reach $72 by 2040.

What will be the BLUR price in 2050? BLUR price is expected to reach $150 by 2050.

The post Blur (BLUR) Price Prediction 2023-2030: Will BLUR Price Hit $5 Soon? appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.