THORChain | RUNE short-term bullish outlook confirmed 30% potent

RUNE has been on a massive run lately. Most recently, Rune showed a golden cross, which is definition a bullish sign. I could see RUNE dipping a little lower to test the MA200 for support, but by then we should have enough rocket fuel to lead us towards $12. Keep in mind that we are in an area, that has proven to show lots of volume in the past few weeks.

Once we break through the big white trend line around $12, I could see RUNE moving towards $18 and then ATH if the overall market conditions are good enough.

My targets are in the chart. Let's see how this plays out.

Thanks for your support.

Have a good one.
altcoinsbinanceMoving AveragesruneRUNEUSDTSupport and ResistancethorchainTrend Lines

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