THORChain (RUNE) False Breakout Sparks 9% Price Decline

RUNE, the native token of the decentralized cross-chain liquidity protocol ThorChain, recently broke out of a falling wedge pattern after trading within it since its year-to-date high of $10.60 on March 13. However, the breakout turned into a bull trap, as RUNE couldn’t sustain upward momentum and has since slipped back into the wedge. This analysis explores the potential short-term... source: https://beincrypto.com/rune-price-falls-further/