Top NFT Marketplace Blur Shows Bullish Trend in the Crypto Market

• Blur price shows bullish trend in the crypto market.
• Ben GCrypto announced Blur is the top NFT marketplace based on volume.

Blur price is showing bullish trend in the crypto market by surging over 5% in a day. According to CoinMarketCap, the Blur price is trading at $0.694 with a 24-hour trading volume of $171,550,252 at the time of writing.

Notably, the price surge came after the crypto analyst Ben GCrypto announced Blur is the top NFT marketplace based on trading volume in last 30 days. As per the list, Blur was ranked first with a trading volume of $899 million.

More so, the BLUR is the native governance token of Blur, a unique NFT marketplace and aggregator project that provides advanced features like real-time price feeds, portfolio management, and multi-marketplace NFT comparisons. In addition, the platform claims to provide faster NFT sweeps and a more intuitive interface than other comparable projects.

The below chart shows the symmetrical triangle pattern of Blur. A symmetrical triangle is a chart pattern distinguished by two converging trend lines connecting a sequence of peaks and troughs. These trend lines converge at a roughly equal slope.

The relative strength index of Blur is in the nearly overbought state. Moreover, the RSI of the project is detected to check how strong a signal is. Notably, the RSI could also provide false alarms for breakouts. 

Blur is also one of the new crypto projects that the analysts are betting could give a good amount of profits to traders in the coming days. All-in-all, many investors are also bullish on  Blur, as it is transparent and the price is right.