CHAITHU
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The weekly chart shows that THORChain’s price has been in a steep downtrend since peaking at $7.50 in December. The decline followed the formation of a head and shoulders pattern, a well-known bearish reversal indicator.


RUNE has fallen below the 50-week and 25-week Exponential Moving Averages, as well as the key support level at $2.5560, its lowest swing from September 2023.
Now, RUNE is forming a bearish flag pattern, a typical bearish continuation signal. A further breakdown could be confirmed if the price drops below the critical support level at $0.7790, its lowest point in 2023.
#CryptoObservers#
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SunshineNvip
· 05-02 21:44
Bull Run 🐂
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Sakura_3434vip
· 03-04 19:40
thank you for sharing ✅️
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Miss_1903vip
· 03-01 17:15
Thank you for the information 🤗🍀
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NewNamevip
· 03-01 13:37
Thank you for information!
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Ryakpandavip
· 03-01 08:17
Hurry up and enter a position! 🚗
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KatyPatyvip
· 03-01 07:53
1000x Vibes 🤑
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Szerovip
· 03-01 07:43
thank you so much 😊
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