Seems pretty obvious. Lower highs in the past week, hitting 7 times the support channel between 6450-6750 sats. Volume also stabilized.
Just a matter of time this will fall through support and bounce back. To make another lower low.
Targets between the two red lines.
Not a financial advice. Make your own analyzes.
RUNE or Thorchain made a significant rise today and keeps abve $0.7 for few weeks .
It sarted rising from $0,4 and ade a huge pump.
But i think it will start falling after profit sells . Because trading volume is very losw when compared to other DeFi projects.
Also If a coin cant rise and stays stable between a gap, a huge dump comes after BTC little...
As we can see on the chart, after an interesting increase in price and upwards momentum, RUNE token seems to be making a correction on its way up.
A retracement to the 0.382 Fibonacci level on the daily chart, a level which acted as support about ten days ago
From a fundamental point of view, I consider Thorchain a good project and now it could be a good entry...
RUNE or ThorChain is one of new coin listedd on Binance and already got pumped before listing .
Some of profit sales were made but still thinking of more profit sales mihgt come soon .
it's price just got pumpet and hits 55k sats and returned fro the resistance.
Considering it's prie just rised up over %22
It's already pumped coin and it's price is likely to fall...
RUNE or Thorchain was one of fastest rising coin in last week
They puplished mainnet update and it's price made more than 2x just in one week. (from $0,4 to $0,86)
As it seen in the graph, RUNE made ATH and returned from the resistance and likely to fall after profit sales .
Also about 1.000.000 RUNE has been distributed to users who staked their RUNE and soon...
