THORChain (RUNE) Ready to Soar: Bullish Indicators Signal Big Gains Ahead

THORChain’s RUNE is showing strong signs of a potential price surge. In the past week, the token jumped over 34%, highlighting a bullish momentum. The Relative Strength Index is below 30, suggesting RUNE is oversold and primed for a rally. Currently trading above its 10-day and 100-day moving averages, the coin is poised to test the nearest resistance at $7.32. Breaking this level could push the price toward the next resistance at $9.23. If RUNE reaches these targets, investors could see gains of more than 20% and up to 50%. The indicators point to a promising upward trend for THORChain.