- Blast (BLAST) price prediction for 2024 is $4.8170 to $14.0864.
- Blast (BLAST) price might reach $20 soon.
- Blast (BLAST) price prediction for 2024 is $0.6154.
Blast (BLAST) price prediction 2024, 2025-2030, we will analyze the price patterns of BLAST by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
BLAST (BLAST) PRICE PREDICTION 2024 |
|
BLAST (BLAST) PRICE PREDICTION 2025, 2026-2030 |
CONCLUSION |
FAQ |
Blast (BLAST) Current Market Status
Current Price | $0.02119 | 24 – Hour Price Change | 2.92% Down |
24 – Hour Trading Volume | $137,159,788 |
Market Cap | $360,175,396 |
Circulating Supply | 17,000,000,000 BLAST | All – Time High | $0.02943 (On Jun 27, 2024) |
All – Time Low | $0.01865 (On Jun 26, 2024) |
What is Blast (BLAST)
TICKER | BLAST |
BLOCKCHAIN | Blast |
CATEGORY | DeFi Infrastructure |
LAUNCHED ON | April 2021 |
UTILITIES | Governance, Community Engagement, & Rewards. |
Blast (BLAST) is a blockchain-based project designed to provide a high-speed and scalable infrastructure for decentralized applications (dApps) and blockchain solutions. Utilizing advanced consensus mechanisms, Blast aims to offer low-latency transactions and robust security, ensuring a seamless experience for developers and users alike. The project focuses on creating a flexible ecosystem that supports a wide range of applications, from financial services to gaming and supply chain management.
Launched with a mission to address the limitations of existing blockchain networks, Blast leverages innovative technologies to enhance transaction throughput and reduce costs. Its native token, BLAST, is integral to the platform, facilitating transactions, governance, and incentivizing network participants. By prioritizing scalability and efficiency, Blast aims to become a leading infrastructure provider in the blockchain space, supporting the next generation of decentralized applications and services.
Blast (BLAST) Price Prediction 2024
Blast (BLAST) ranks 153rd on CoinMarketCap in terms of its market capitalization. The overview of the BLAST price prediction for 2024 is explained below with a daily time frame.
BLAST/USDT Ascending Channel Pattern (Source: TradingView)
In the above chart, Blast (BLAST) laid out an ascending channel pattern. An ascending channel is the price action contained between upward-sloping parallel lines. Higher highs and higher lows characterize this price pattern. An ascending channel is used to show an uptrend in a security’s price. Ascending channels are short-term bullish in that a stock moves higher within an ascending channel, but these patterns often form within longer-term downtrends as continuation patterns.
At the time of analysis, the price of Blast (BLAST) was recorded at $0.02119. If the pattern trend continues, then the price of BLAST might reach the resistance levels of $0.022648 and $0.025487. If the trend reverses, then the price of BLAST may fall to the support of $0.021357, and $0.020097.
Blast (BLAST) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Blast (BLAST) in 2024.
BLAST/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Blast (BLAST) for 2024.
Resistance Level 1 | $4.8170 |
Resistance Level 2 | $14.0864 |
Support Level 1 | $1.7173 |
Support Level 2 | $0.6154 |
BLAST Resistance & Support Levels
Blast (BLAST) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Blast (BLAST) are shown in the chart below.
BLAST/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Blast (BLAST) market in 2024.
INDICATOR | PURPOSE | READING | INFERENCE |
50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $4.3112Price = $1.8650 (50MA > Price) | Bearish/Downtrend |
Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 26.1379 <30 = Oversold 50-70 = Neutral>70 = Overbought | Nearly Oversold |
Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Blast (BLAST) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Blast (BLAST) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
BLAST/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Blast (BLAST).
INDICATOR | PURPOSE | READING | INFERENCE |
Average Directional Index (ADX) | Strength of the trend momentum | 28.6725 | Strong Trend |
Relative Volatility Index (RVI) | Volatility over a specific period | 19.57 <50 = Low >50 = High | Low volatility |
Comparison of BLAST with BTC, ETH
Let us now compare the price movements of Blast (BLAST) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs BLAST Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of BLAST is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of BLAST also increases or decreases respectively.
Blast (BLAST) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Blast (BLAST) between 2025, 2026, 2027, 2028, 2029, and 2030.
Year | Bullish Price | Bearish Price |
Blast (BLAST) Price Prediction 2025 | $23 | $0.4 |
Blast (BLAST) Price Prediction 2026 | $26 | $0.35 |
Blast (BLAST) Price Prediction 2027 | $30 | $0.3 |
Blast (BLAST) Price Prediction 2028 | $34 | $0.25 |
Blast (BLAST) Price Prediction 2029 | $37 | $0.2 |
Blast (BLAST) Price Prediction 2030 | $40 | $0.15 |
Conclusion
If Blast (BLAST) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Blast (BLAST) price prediction for 2024 is $14.0864. Comparatively, if unfavorable sentiment is triggered, the bearish Blast (BLAST) price prediction for 2024 is $0.6154.
If the market momentum and investors’ sentiment positively elevate, then Blast (BLAST) might hit $20 Furthermore, with future upgrades and advancements in the BLAST ecosystem, BLAST might surpass its current all-time high (ATH) of $0.02943 and mark its new ATH.
FAQ
1. What is Blast (BLAST)?
Blast (BLAST) is a blockchain-based project designed to provide a high-speed and scalable infrastructure for decentralized applications (dApps) and blockchain solutions.
2. Where can you buy Blast (BLAST)?
Blast (BLAST) can be traded on several exchanges including BitMart, Uniswap, PancakeSwap, Gate.io
3. Will Blast (BLAST) record a new ATH soon?
With the ongoing developments and upgrades within the Blast platform, Blast (BLAST) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Blast (BLAST)?
Blast (BLAST) hit its current all-time high (ATH) of $0.02943 on Jun 27, 2024
5. What is the lowest price of Blast (BLAST)
According to CoinMarketCap, BLAST hit its all-time low (ATL) of $0.01865 on Jun 26, 2024.
6. Will Blast (BLAST) hit $20?
If Blast (BLAST) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $20 soon.
7. What will be the Blast (BLAST) price by 2025?
Blast (BLAST) price might reach $23 by 2025.
8. What will be the Blast (BLAST) price by 2026?
Blast (BLAST) price might reach $26 by 2026.
9. What will be the Blast (BLAST) price by 2027?
Blast (BLAST) price might reach $30 by 2027.
10. What will be the Blast (BLAST) price by 2028?
Blast (BLAST) price might reach $34 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.