1
RUNE price displayed a notable rebound over 20% this week.
2
Buyers have started accumulation and retained the 200 day EMA mark.
The RUNE price has retained the 200 day EMA mark and is directing buying momentum in the last two trading sessions. Amidst the severe correction from $11 mark and down move over 32% this month, buyers did not lose momentum and are still trying to be in the race. This week, buyers have shown their presence and sellers have started covering their positions, leading to a rebound.
At press time, the ThorChain (RUNE) price was $5.56 with an intraday gain of 3.52%, reflecting neutrality on the charts. It has a monthly return ratio of -40.28% and 273.28% yearly. The pair of RUNE/BTC is at 0.0000856 BTC, and the market cap is $1.67 Billion. Analysts are neutral and suggest that the RUNE token may retain strength and will stretch the buying momentum ahead.
RUNE Price Volume Profile On Daily Charts
The chart displays the p
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