THORChain (RUNE) Spikes 6.36%! Will It Break the $0.44 Resistance?
THORChain ($RUNE) is showing strong short- and medium-term upward momentum today, surging 6.36% to trade around $0.418 - $0.422! đ
The token is currently riding high above its key short- and medium-term moving averages, fueled by aggressive buying pressure. However, traders should stay sharpâmomentum oscillators are starting to flash overbought signals, indicating we might see a brief pause or consolidation soon.
đ Whatâs Next for RUNE?
Near-Term Target: Strong buying is driving the price straight toward the $0.44 key resistance level.
Consolidation Zone: Experts anticipate the price to stabilize between $0.4064 and $0.44 over the next 2â3 sessions.
Outlook: There is a very high probability of RUNE maintaining its bullish structure or breaking upward if buying volume persists.
Are you holding or trading this move? Let me know your targets below! đ
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