RUNE Price Prediction: Price Skyrokted, Will It Continue?

RUNE Price Prediction: Price Skyrokted, Will It Continue?

1
RUNE price (RUNE) declined 2.75% in the last 24 hours and is currently trading at $1.70.
2
Thorchain price (RUNE) hiked more than 80% after breaking above a consolidation in the past 2 weeks.
RUNE price was in a long-term declining phase for the past six months declined forming lower highs and lower lows. The price lost nearly 60% of its value between February to June 2023 to hit a new swing low. 
Thereafter, the price received buying volume and surged followed by a consolidation. Recently, the price made a breakout after the consolidation inviting other buyers to step into the market. The increased buying volume created an imbalance that led to a price surge of 80% in the past 2 weeks.
Thorchain (RUNE) is a protocol that lets users swap crypto assets across different networks without giving up their custody. THORChain does not use order books to provide liquidity but rather adjusts market prices based on the asset ratio in a pool. THORChain enables p

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We współpracy z: https://www.thecoinrepublic.com/2023/08/21/rune-price-prediction-price-skyrokted-will-it-continue/

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