Cryptocurrency

Coin

<ul>
 <li>#<a href="https://www.coingabbar.com/en/crypto-currency/thorchain-rune-prices-usd" title="Thorchain" class="f-link" rel="noopener noreferrer nofollow">Thorchain</a> ($RUNE) has been entrenched in a bearish trend for over a year, hitting lows near $0.8.</li>
 <li>March began on a positive note for RUNE, with a remarkable surge of over 100% witnessed in the first half of the month.</li>
 <li>However, despite reaching a high of $11.460, bullish momentum faltered, leading to a significant correction of 54% in #Thorchain valuation.</li>
 <li>Currently, $RUNE price is contained within a rising, expanding channel. Yet, recent bearish pressure has forced the price below key support levels.</li>
 <li>On the daily chart, recent data reveals a 10.50% increase in RUNE's price, marking a return within established trading patterns.</li>
 <li>If the market exhibit a reversal to a bullish trend, RUNE's price could regain momentum, setting its sights on testing upper levels near $8.575 within this month.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-prediction" title="Coin Gabbar analysis" class="f-link" rel="noopener noreferrer nofollow">Coin Gabbar analysis</a>, Conversely, if bearish forces persist, the price may experience further declines, potentially testing critical support at $3.940 by the end of the month</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $6.000-$7.000
SUPPORT LEVEL : $4.300-$3.200
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Thorchain Price Prediction: Is RUNE Ready to Explode?

Coingabbar

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