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Story Highlights The live price of Rune token is . The RUNE price may reach a high of $6.82 by the end of 2023. With a potential surge the price of THORChain may reach a high of $29.22 by the end of 2030. The year 2021 was a milestone year for several altcoins.
THORChain's price has been up by over 100% since the last week of October, hitting levels not seen since May 2022. This is an amazing increment in price.
The crypto prices today regained their positive momentum, as seen by the advancement in the overall sector. Meanwhile, after a significant rally over the past weeks, the market moved towards the south on Friday, November 3, before bouncing back on Saturday, November 4.
The crypto space has recorded a significant correction of over 3% within the past day, indicating a possible condition of pump-and-dump as the market had recorded another jump in its value the day prior to it.
A widely followed crypto analyst is taking a look at Polygon (MATIC) while predicting upward moves from two altcoins. Pseudonymous crypto trader Altcoin Sherpa tells his 197,400 followers on the social media platform X that THORChain (RUNE) is ready to move up. “RUNE: Next area up is $3.
October was marked by a comprehensive ecosystem growth on ThorChain as the network achieved record-high monthly trading volume, a 51% increase in DeFi Total Value Locked (TVL), and a native token value surge of over 45%.
The RUNE token in THORChain has experienced a remarkable rise. It began at around $0.80 on June 14 and has now reached a high of $2.90, marking an impressive 270% increase.
Over the past week, the market has exhibited a pattern of lateral movement, particularly noticeable in the top cryptocurrencies which have shown a downtrend in their pricing. Notably, THORChain has emerged as the standout performer, demonstrating significant strength by surging over 5% in value within the last day, and an impressive 34% increase over the course of the week.
October was a bullish month for the cryptocurrency market, filled with altcoin gainers. Bitcoin (BTC) and several other cryptocurrencies reached new yearly highs.
THORChain Price Prediction: Last week, the cryptocurrency market witnessed heightened volatility, with major coins stalling due to overhead supply pressures. Bucking this trend, the RUNE price showcased a significant recovery, underpinned by escalating trading volumes.
THORChain (RUNE) has been constantly rising over the past ten days after witnessing a 45% decline since the start of October.
The THORChain (RUNE) price has increased by 90% over the past 11 days, culminating with a new yearly high of $2.92 today.
The market has been trading sideways for a week now as the top cryptocurrencies have displayed a decline in price action. Further, THORChain price has claimed its spot as the best-performing token in the past 24 hours, as the coin has gained over 15% in value and added around 28% in the past week.
The crypto prices today were in the positive territory on Tuesday, October 31, in line with the “Uptober” sentiment that many market watchers have anticipated. The crypto segment has gone through a turbulent phase, but bounced back in the ongoing month, as several positive catalysts have raised the market sentiment.
THORChain (RUNE) price has made a spectacular bull run in the past few weeks. The token surged to a high of $2.86, the highest level since August 8th. It has surged by more than 290% from the lowest level this year, making it one of the best-performing cryptocurrencies in the world.
The Open Interest (OI) began to climb again on the one-hour chart as RUNE prices also ascended. This was a sign of bullish conviction in the futures market.
BTC price advances toward $35,000, potentially opening the door for ETH, APT, QNT and RUNE to move higher.
In a cryptocurrency market characterized by its relentless ups and downs, THORChain's (RUNE) recent performance has been nothing short of remarkable. As the broader crypto space grapples with uncertainty, RUNE has managed to carve its path, experiencing significant growth over the past few weeks.
THORChain Price Prediction: As previously highlighted by Coingape, the RUNE coin price is marching to the beat of a rising channel pattern on its daily chart. This structure, in tandem with an overarching bullish market sentiment, has fueled a nearly vertical rally over the past nine days.
The cryptocurrency market has been trading in a consolidation range since the middle of the week after a price surge initiated on October 19. However, three cryptocurrencies continue to reap significant gains this Saturday (October 28).
The cryptocurrency market saw an eventful week with bluechips, memecoins and gaming tokens all taking part in the rally, signaling that crypto winter might be thawing. Floki Inu (FLOKI) topped the list with a whopping 85% gain as the memecoin continued its recent price surge, partially due to the TokenFi platform announcement.
The ThorChain (RUNE) price has increased swiftly since October 20. The price reached a 430-day high of $2.38 today.
The RUNE price action projects a new battle ongoing between the two sideways-moving 50-day and 200-day EMA. With a growing consolidation range, the recent jump completes a positive cycle teasing a breakout rally. However, the strong bearish presence at the overhead ceiling will prove to be a daunting task for buyers to complete.
RUNE owes its previously bullish performance to confidence due to the organic growth that the network has achieved so far this year.
