🚀 THORChain (RUNE) Skyrockets to 23-Month Peak! 📈
The crypto community is buzzing as THORChain's native token, RUNE, hits a staggering 23-month high, reclaiming the $10 mark for the first time since April 2022. With a bullish trend that has seen an 83% increase over the past month and a Year-to-Date (YTD) return of 84.54%, investors are keenly watching RUNE's next move.
What's Fueling the RUNE Rally?
- Market Cap Milestone: RUNE's market cap has soared to $3 billion.
- Impressive Gains: The token has surged 72.12% in just a week.
- Bullish Reversal: After a brief dip, RUNE price leaped over 56% in two days, signaling strong market confidence.
Technical Analysis:
- Resistance Breakthrough: RUNE recently overcame the $8.10 resistance level.
- RSI Indicator: The RSI remains above the overbought range, hinting at continued bullish momentum.
What's Next for RUNE?
- Potential Upsurge: If RUNE crosses the $10 resistance, it could test the $12 mark by the weekend.
- Bearish Scenario: Failure to maintain momentum might see RUNE drop to support levels around $8.95 or even $8.10.
Stay tuned for more updates on RUNE's thrilling journey! 🌟
