THORChain's RUNE Jumps 10.23% to $0.801 on Technical Momentum
- —RUNE gained 10.23% on the day, intraday volatility hit 8.49%
- —Price sits above MA-20 ($0.6487), MA-50 ($0.5427) and MA-200 ($0.4602)
- —RSI at 63.76; MACD and ADX flash buy signals, Stochastic RSI at 0
- —Resistance at $0.837, key support at $0.805
Why it matters: The rally rests on technicals alone, so a break below $0.805 support could quickly unwind the bullish structure.
Source: CoinSpot