Market Overview for Blur/Tether (BLURUSDT) on 2025-12-17

Generated by AI AgentAinvest Crypto Technical RadarReviewed byRodder Shi
Wednesday, Dec 17, 2025 6:19 am ET1min read
USDT
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BLUR
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Aime RobotAime Summary

- BLURUSDT formed a bullish engulfing pattern on 5-minute chart after hitting $0.02934 24-hour low with volume spiking above 150,000.

- RSI oscillated between overbought/oversold levels while Bollinger Bands showed compression then expansion, signaling heightened volatility.

- Key Fibonacci levels at $0.02968 (61.8%) and $0.02946 (38.2%) acted as temporary support/resistance during $0.02934-$0.03013 price range.

- Price closed below 20/50-period moving averages at $0.02944, suggesting near-term bearish bias despite coordinated buying activity near $0.03006.

Summary
• Price formed a bullish engulfing pattern on the 5-minute chart after hitting a 24-hour low of $0.02934.
• Volatility expanded through a broad range of $0.02934 to $0.03013, with volume spiking above 150,000 on key moves.
• RSI oscillated between overbought and oversold levels, suggesting increased short-term momentum shifts.
• Bollinger Bands reflected moderate compression in early hours and a later expansion, hinting at resuming directional bias.
• Key Fibonacci retracement levels at $0.02968 (61.8%) and $0.02946 (38.2%) provided temporary support and resistance.

Blur/Tether (BLURUSDT) opened at $0.02964 at 12:00 ET-1 and reached a high of $0.03013 before closing at $0.02944 at 12:00 ET. The 24-hour low was $0.02934. Total volume for the period was 2,415,550.6, and notional turnover amounted to $69,776.92.

Structure & Formations


Price action displayed a clear bullish reversal candle around 03:00 ET, where a strong close at $0.03006 followed a prior decline. This was followed by a bearish correction into the early morning. The formation suggests a potential short-term pivot point at $0.02968, a level previously acting as both support and resistance.

Moving Averages


On the 5-minute chart, price closed below both the 20-period and 50-period moving averages, indicating a bearish bias in the near-term. Daily moving averages (50/100/200) remain unconfirmed due to insufficient input data for the daily timeframe.

Momentum and Volatility


Relative Strength Index (RSI) reached 65 and 35 repeatedly, indicating frequent overbought and oversold conditions. This oscillation points to high short-term momentum but lacks directional strength. Bollinger Bands widened significantly during the morning hours, reflecting rising volatility.

Volume and Turnover


Volume spiked at key reversal points, particularly during the morning hours when price moved from $0.0298 to $0.03006. Notional turnover mirrored this increase, suggesting coordinated buying activity.

Pattern and Retracements


Fibonacci retracement levels from the key $0.02934 to $0.03013 swing showed price consolidating near the 61.8% level ($0.02968), suggesting a potential support zone. This may trigger renewed buying interest if bulls hold the level.

Looking ahead, a break above $0.02968 could signal a resumption of bullish momentum, while a retest of $0.02946 may confirm bearish pressure. Investors should remain cautious of the heightened volatility and be prepared for sharp corrections in either direction over the next 24 hours.