Crypto Price Predictions

Thorchain(RUNE) Price Prediction: RUNE Price Eye’s a 20% Upswing This Week!

THOR Technical Analysis

Key Takeaways:

  • The RUNE price closed the previous day’s trade at $ with a market capitalization of $ and a market capitalization of 330,688,061.33 RUNE
  • RUNE price has maintained a significant uptrend since the beginning of March 2022, and attempt yet another 20% upswing very soon
  • The possibilities of the asset hitting double-digit figures appear to be high in this week

Thorchain Price Analysis: How High Will RUNE Crypto Price Go in March 2022?

Thorchain price ever since smashed its highs in Q4 2021, maintained a significant descending trend. However, the asset broke through the descending parallel channel at the beginning of the month and continued to maintain a strong uptrend. No doubt the bears attempted to drag the price lower, but the bulls seem to be poised to keep the price elevated. 

Currently, the asset is nullifying the possibilities to range high, but the possibilities of a pullback may not be eliminated. If the current uptrend continues, then the asset may end the monthly trade with a double-digit figure. However, minor retests may occur at frequent intervals but the bulls could come to the rescue each time.

Thorchain Price Prediction: Will RUNE Price Hit $100 in 2022?

The RUNE price began the 2022 trade on a notable bearish note and further consolidated for nearly a month. However, with the beginning of the current month, the RUNE price gained immense bullish momentum. The price surged high by more than 90% to ignite a significant bull run. 

Currently, if the asset manages to continue with the same price trend, then it may smash a double-digit figure soon. And further may continue its uptrend to achieve Q4 2021 highs initially. Further, the asset may continue to test the ATH above $20 somewhere in mid-Q2 and may form a new ATH in the second half of 2022. Considering the current trend, $100 may be pretty tough but achievable somewhere in near future. 

Thorchain Price Analysis: RUNE Price Table (Last 07 Days) 

Date All-Time High All-Time Low Market Capitalization
13 March 2022 $ $ $
12 March 2022 $6.73 $5.61 $2.06B
11 March 2022 $6.29 $5.03 $1.94B
10 March 2022 $5.52 $4.80 $1.69B
09 March 2022 $5.62 $4.08 $1.63B
08 March 2022 $4.39 $4.01 $1.43B
07 March 2022 $4.97 $4.18 $1.46B

Click here to read detailed price predictions of ThorChain 


Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to .
The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


 

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