Will RUNE Bears Push The Price Below $3?
Thorchain has a market cap of over $1.9 Billion and is currently ranked 57th in the cryptoverse. RUNE overall volume has observed a surge of 27% while the VM ratio of the protocol is suggesting a consolidation in the trend. RUNE token price is currently trading near the value of $4.93 with a slight drop in the intraday session.
RUNE price is currently trading in a bearish parallel channel. Rune token price is currently trading below the 50 and 100 EMA. The upside trend of RUNE can see a halt near the value of $6. Meanwhile, the support of the asset price can be observed near $4.
The RSI of RUNE is currently near 31 with no slope in it. The overall sentiment of the RSI is bearish in nature.
RUNE price is currently trading in a bearish parallel channel. Rune token price is currently trading below the 50 and 100 EMA. The upside trend of RUNE can see a halt near the value of $6. Meanwhile, the support of the asset price can be observed near $4.
The RSI of RUNE is currently near 31 with no slope in it. The overall sentiment of the RSI is bearish in nature.
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