Blurt Bottoms and Bounces 40% Off It's Lows! Up Over 400% in Six Months!

Blurt is having an excellent week while much of the crypto sector is taking a beating. Last month Blurt came down in price, but now put in a very promising reversal back to the upside.

If you are not aware, the very decentralized nature of Blurt led to a dispute between two of the very top investors of the platform. This resulted in one leaving and selling all their blurt. The market took a hit from unusual sell volume. But this resulted in a conglomerate of Blurt Power in one man's hands becoming decentralized and spread out to those who bought his dip. Which I participated in.

With a market this size the price can be pushed around quite easily by one large investor either entering or exiting the market. However taking a look at the current buy/sell wall; it looks like liquidity on the sell side is drying up. Meanwhile the buy wall continues to get larger, and the price is moving steadily higher.

This being said there is plenty of fundamental reasons for momentum to be in Blurts favor going forward; and you can learn more about why it's better on blurt by clicking the link at the bottom of this post.

First lets have a closer look at the weekly chart of Blurt.

Compliments of Trading View. The first thing that stands out is the circled bullish engulfing pattern. If you caught the bottom, you're currently already up about 40%. But there is plenty of air above head and the next real resistance would be around .00000080 btc, and major support is this recent low of .00000031 btc.

You can see the stochastic reading at the bottom crosses in oversold territory. This is very bullish. Also you can see a general trend of increased volume over time. Again very bullish. Watch for Blurt to be pulled back to the 20 week moving average and then aim for the top of the Bollinger band where it will likely come into selling pressure.

With so much going in Blurt's favor I suspect it's just a mater of time before it breaks out to new highs. Now is certainly the time to buy, while the price is still below 3 cents.

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