#THORChain (RUNE) and Pepe (PEPE) broke above long-term resistance lines. #Toncoin (TON) reclaimed the horizontal support zone after falling below it previously.

While the cryptocurrency market was flat over the weekend, these cryptocurrencies increased significantly. This could create momentum for continued growth in the future.

THORChain (RUNE) leads altcoins in price increases

RUNE price broke out of the descending resistance line on August 12. Previously, this line had existed since early February. Breakouts from such long-term structures often lead to significant upward movements as they indicate that the previous correction is complete.

After the breakout, the price reached a high of $1.45 the next day. The fact that RUNE maintained an upward movement after the breakout is a bullish sign.

If the price continues to rise, the next resistance will be 22% above the current price level, reaching $1.70. On the other hand, if the price loses momentum, it could pull back and validate the descending resistance line at $1.20. This would be a 13% reduction from current prices.

https://tapchibitcoin.io/3-altcoin-nay-cho-thay-suc-manh-tu-cuoi-tuan-truoc-nham-toi-muc-cao-hon.html