THORChain (RUNE) Primed For Big Gains, Analyst Eyes $20 Milestone

Rising as a major competitor for a big breakthrough is THORChain (RUNE). Rune has showed strength, recovering by around 23% during the previous week following a recent fall to $3.10. At $4.22 right now, the coin is attracting both traders and analysts, with some even seeing a solid upward path. Related Reading: $174 In Sight: Analyst Projects Major Surge For Solana (SOL) Market Statistics And Growing Hope With a market capitalization of $1.41 billion and a 24-hour trading volume of $207 million as of the most recent figures, THORChain represents a 0.06% market domination. Driven partly by the bullish phase in the bitcoin market, the token’s recent 2.27% growth in the previous 24 hours shows a good momentum. The market has become more hopeful after Bitcoin’s latest climb beyond the important $65,000 level. Rune like other cryptocurrencies is profiting from this surge of optimism as investors try to profit from the increasing trend. Furthermore predicted to boost the market is the forthcoming release of Ethereum ETFs on July 23rd. Technical Examination Renowned crypto expert Jonathan Carter has underlined in a thorough study THORChain’s potential for notable returns. Carter says that Rune could hit $7.40 if it can effectively bounce off the barrier of declining resistance line. For traders, this level would show a strong comeback and a clear positive indication. #RUNE THORChain is looking great on weekly chart

Jul 18, 2024 - 20:00

THORChain (RUNE) Primed For Big Gains, Analyst Eyes $20 Milestone

Rising as a major competitor for a big breakthrough is THORChain (RUNE). Rune has showed strength, recovering by around 23% during the previous week following a recent fall to $3.10. At $4.22 right now, the coin is attracting both traders and analysts, with some even seeing a solid upward path.

Market Statistics And Growing Hope

With a market capitalization of $1.41 billion and a 24-hour trading volume of $207 million as of the most recent figures, THORChain represents a 0.06% market domination. Driven partly by the bullish phase in the bitcoin market, the token’s recent 2.27% growth in the previous 24 hours shows a good momentum.

The market has become more hopeful after Bitcoin’s latest climb beyond the important $65,000 level. Rune like other cryptocurrencies is profiting from this surge of optimism as investors try to profit from the increasing trend. Furthermore predicted to boost the market is the forthcoming release of Ethereum ETFs on July 23rd.

Technical Examination

Renowned crypto expert Jonathan Carter has underlined in a thorough study THORChain’s potential for notable returns. Carter says that Rune could hit $7.40 if it can effectively bounce off the barrier of declining resistance line. For traders, this level would show a strong comeback and a clear positive indication.