The THORChain (RUNE) price has been struggling in a channel since November but recently attempted to break out, only to fail and re-enter the channel. In May, buyers tried to surpass a major resistance level but saw a steady fall in price. However, the bearish trend may have ended at a major support level and the price is now in a buying zone with the potential to gain around 60% in a month. A crypto analyst has tweeted that the price is ready to shoot soon. Technical indicators and patterns suggest a bullish forecast. Keeping an eye on key levels and price movements is important for potential price gains.



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