- THORChain coin price is currently seeing an upside momentum and can soon observe a new high of $20 . It is trading with a gain of more than 8%.
- RUNE coin price technical indicators hints towards a strong uptrend in price for the future . In contrast, the RUNE/BTC pair has also observed a gain of 7% in the past 24 hours
RUNE coin price has a market dominance along with its rank in the CMC has seen a jump in the past few weeks. The market cap to the TVL ratio of the asset is 23.52 and can soon cross above 50.The volume to the market capitalization of the THORchain highlights a strong upside momentum in price for the future. One can forecast a gain of more than 200% in the upcoming years for Thorchain.
Why Invest In RUNE Crypto?
Rune crypto price is currently in an upside momentum and is ready to skyrocket for the moon. Thorchain has seen a gain of more than 7% in the intraday session and is trading near the value of $10.7. The platform is one of the advanced decentralized liquidity protocols which enables its customers to easily trade cryptocurrency assets across various networks without losing full custody of the assets in the due process. Thorchain platform has no founders and has no CEO at the present and is run solely by the community.. The company is a non profit organization. One can invest in Thorchain as per the price action and the risk capacity
Rune Crypto Price Suggests A Strong Upside Momentum For The Future
The weekly technical chart of the Thorchain price highlights a strong bullish momentum for upcoming weeks. On the daily chart, RUNE coin price is trading above 100 and 50 Daily Moving average. The 100 MA line of the RUNE is near $7.28, making it a temporary bounceback zone for the coin. The moving average can soon give a positive crossover which can push the price to a new high. RUNE price might face hostility while going upwards near $14. On the downside, a support in the price can be found near $7. RUNE/BTC pair can also see a breakout from the previous resistance in the future
Conclusion
RUNE crypto price is observing a bullish momentum and can soon see a new high. RUNE/BTC pair can also see a strong upside momentum in future
Technical Levels
Major Support:$7
Major Resistance:$15