RUNE, the native token of the Thorchain network, is showing signs of a potential breakout as it forms a falling wedge pattern on the 2-day chart. The current support level is at $0.7855, with resistance at $0.8563. Analysts suggest that a breakout above this resistance could result in a significant price surge of 200–300%.
Currently trading at $0.7912, RUNE has seen a 2.3% decline in the past 24 hours. Market watchers are keeping a close eye on this technical pattern, which could indicate a major directional move for the token if the resistance level is breached.
RUNE Poised for Major Breakout Amid Falling Wedge Formation
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