TA: Rune Could Be Set For A Rally As Buyers Step In

TA: Rune Could Be Set For A Rally As Buyers Step In


Rune could be set for a relief bounce despite having difficulty breaking the daily resistance.

The crypto market saw a setback in price after Bitcoin (BTC) saw a retracement back to a key support area leading to a drawback to the likes of Rune, but the market state indicates Rune could be set for a rally.

Rune Weekly Chart Analysis

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The price of Rune has seen a continuous downtrend from a high of $12 to a low of $1.6 in weeks for what seems to be more than an 80% decline.

After finding a low at $1.58, it has started making a move with buyers stepping in; Rune has formed strong support at $1.6 with a weekly resistance of $3.7

Major resistance on the

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