BLAST Coin Price Prediction: What is the Potential in the Future?
2024-07-01Bittime - BLAST coin is currently a topic of conversation for crypto fans. So, what is the price prediction in the future? Follow this article to find out!
Blast (BLAST) is specifically designed for fast and secure digital transactions. Using advanced blockchain technology, Blast offers high efficiency and security, making it an attractive choice for users and businesses.
Blast is here to meet the increasing need for digital transactions in the modern era. Blast's launch was marked by an incredible airdrop program. This program gave away $2 billion worth of free tokens and made the price of BLAST tokens jump 40%!
Current Price of BLAST Coin
Currently, Blast is trading at around IDR 361 (equivalent to $0.022) and is ranked #151 on CoinMarketCap based on market capitalization. There are around 17 billion BLAST tokens in circulation, with a total market capitalization of IDR 6.1 trillion.
In the last 24 hours, Blast price rose 4.16%. If we look at the weekly performance, the price even jumped 5.03%.
Future Blast (BLAST) Price Predictions
Experts estimate that the price of Blast has the potential to reach a low point of IDR 369 (equivalent to $0.02255) in 2024. The highest estimate is IDR 517 (equivalent to $0.03165) with an average price estimated at around IDR 463 (equivalent to $0.02835) .
Technical Analysis: Support and Resistance Levels
Analysis of the 30-minute chart for the Blast/USD pair shows two important resistance levels. The first resistance level is around IDR 372 (equivalent to $0.02280).
This level has previously been a barrier to price increases, where attempts to penetrate it were always blocked by strong selling pressure. The second higher resistance level is around IDR 423 (equivalent to $0.02600).
Meanwhile, the support level (buffer) for Blast/USD is around IDR 371 (equivalent to $0.02278). This level shows the lowest point that the Blast price has not been able to penetrate so far. This indicates a strong concentration of buying pressure at that level.
With the current trading pattern, Blast/USD looks to be testing its support level. The market is determining whether the price can maintain or even rise above this level.
If support holds, the price has the potential to reverse direction. However, if the support level is broken, the price can continue to fall and test an even lower support level.
Blast Price Prediction (BLAST) 2025-2030
Experts predict that Blast prices have the potential to continue to increase in the coming years. Price predictions for 2025 to 2030 are as follows:
- 2025: IDR 527 (equivalent to $0.03235) - IDR 688 (equivalent to $0.04239) - average IDR 641 (equivalent to $0.03941)
- 2026: IDR 828 (equivalent to $0.05079) - IDR 1004 (equivalent to $0.06175) - average IDR 888 (equivalent to $0.05477)
- 2027: IDR 1,037 (equivalent to $0.06372) - IDR 1,234 (equivalent to $0.07603) - average IDR 1,173 (equivalent to $0.07239)
- 2028: IDR 1,452 (equivalent to $0.08943) - IDR 1,813 (equivalent to $0.11191) - average IDR 1,716 (equivalent to $0.10583)
- 2029: IDR 2,040 (equivalent to $0.12551) - IDR 2,383 (equivalent to $0.14710) - average IDR 2,219 (equivalent to $0.13637)
- 2030: IDR 4,007 (equivalent to $0.24659) - IDR 5,324 (equivalent to $0.32732) - average IDR 4,762 (equivalent to $0.29291)
Please note that these price predictions are only estimates and cannot be 100% guaranteed. Crypto asset prices can vary widely and are influenced by various factors, such as market conditions, government regulations, and investor sentiment.
Factors That May Influence the Price of BLAST Coin
Some factors that could influence the future price of Blast include:
- Adoption: The more people and businesses that use Blast, the higher the demand and value.
- Development: If the Blast team continues to develop exciting new technologies and features, this could increase interest and token value.
- Competition: There are many other crypto assets on the market that offer similar features. This competition may affect the price of Blast.
- Rules: Government regulation of crypto assets can have a significant impact on the price of Blast.
Conclusion
Blast is a new crypto asset with great potential. Its advanced blockchain technology and focus on fast and secure digital transactions make it an attractive choice for users and businesses.
However, it is important to remember that investing in crypto assets always carries risks. Do your own research before investing and only invest funds you are willing to lose.
How To Buy Crypto With Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.