THORChain's native token, RUNE, has seen a significant surge in trading activity, with a 16.05% increase in price and a 15.79% growth in market capitalization. The token's total supply stands at 426.12 million, with 351.31 million tokens currently in circulation. The token is currently facing a critical resistance level at $2.80, and if it breaks above this level, it could rally towards $3.20. On the downside, strong support is present at $2.40. The Relative Strength Index (RSI) is neutral but improving, and the Chaikin Money Flow (CMF) indicates moderate capital inflows into RUNE. Additionally, a recent bullish crossover between short-term and long-term moving averages suggests the possibility of continued upward momentum.
Content Editor ( thenewscrypto.com )
- 2025-01-26
RUNE Shows Bullish Signs With Strong Market Activity
