$RUNE has demonstrated a significant 13.035% price increase over the past 24 hours, reaching a high of 1.755, which aligns with the upper Bollinger Band, suggesting a potential overbought condition. The overall uptrend indicates bullish momentum; however, volatility remains high as evidenced by the fluctuating range of 1.455 to 1.755. Given the absence of defined correlation with Bitcoin lately, RUNE's movements seem mainly driven by recent market events, potentially reflecting positive trader sentiment. Short-term trading may be advisable to capitalize on price swings. Key takeaway: Monitoring macroeconomic factors and news can provide insights into potential retracements or breakthroughs, especially with RUNE testing critical resistance levels.
