THORChain Price Prediction: RUNE Gains 14% But This GameFi/GambleFi Debutant May Soar 100X

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The THORChain price is trading with a bullish bias, boasting a steady sequence of higher highs to the current price of $2.812. This signifies a 15% increase in the last day and a 110% rise in trading volume over a 24-hour span.

With this price action, THORChain price continues to push through key barriers on higher timeframes. Meanwhile, RUNE holders are trying to maximize the last bit of Uptober despite knowing that November could also be a good month for crypto if history is a guide.

https://twitter.com/crypto_nuclear/status/1719214772972085613

If THORChain manages to shatter past key resistance levels on the higher timeframes, it would indicate a bullish move, especially for the lower timeframes. Investors looking to long RUNE should therefore watch for a successful break on the high timeframe, say the weekly.

$RUNE

If it Successfully Breaks out, we might Expect a Significant Bullish Rally in the Midterm.#Crypto #RUNE #RUNEUSDT pic.twitter.com/lbaxKP0ic7

— CRYPTO TISA (@CryptoTisa1) October 31, 2023

Meanwhile, the altcoin boasts a position among the day’s top gainers, alongside BitTorrent (BTT) and Solana (SOL).

https://t.co/t6kVcSK6IH

Crypto market:$RUNE +13.77% 🚀$BTT +13.7% 🚀$WEMIX +10.77% 🚀$SOL +8.93% 📈$KAS -4.84% 📉$AXS -4.36% 📉#RUNE #BTT #WEMIX #SOL #KAS #AXS #Bitcoin #Ethereum #crypto #NFT #META #web3 pic.twitter.com/v6YP7iJ3yY

— CryptoTreeMap (@CryptoTreeMap) October 31, 2023

For SOL, the surge comes as the Solana Breakpoint meet-up, which has a massive guest lineup, according to the announcement. Among them will be crypto executives from various ecosystems, different project developers, artists, content creators, policymakers from nonprofit and government organizations, and students looking to learn.

Meet us at Breakpoint ☀️

We'll be in Amsterdam all week for Solana Breakpoint. Catch up with @DooWanNam and @nneomack if you want to chat governance.

DM us to meet or just say hi 👋 pic.twitter.com/idWGOp2v6M

— StableLab (@StableLab) October 30, 2023

RUNE holders remain optimistic about THORChain price. They have set their eyes on the $3 psychological level.

#RUNE going to $3 is inevitable. @THORChain pic.twitter.com/QjeZ4nnsnd

— Duo Nine ⚡ YCC (@DU09BTC) October 31, 2023

In retrospect, the rally for THORChain Price comes as the broader market is flashing green. Led by the king of crypto, Bitcoin (BTC), altcoins are also bullish after a sterling Uptober.

THORChain Price Forecast With $3 In Sight

THORChain price is bullish, standing almost 250% from the yearly lows of $0.793. The price action is characterized by higher highs and higher lows, as volatility also increases in the market. Notably, with the price action on an uptrend, steered by increasing volatility and growing trading volume, the market is highly bullish.

In this case, the next few days could see THORChain price extend its gains, potentially foraying above the $3.000 psychological level. In a highly bullish case, the gains could extend for RUNE to test the $3.408 resistance level. Such a move would constitute a 20% climb above current levels.

This stance draws strength from the Relative Strength Index (RSI), positioned at 80 and still northbound. This shows momentum is still rising even as bulls continue to lead the market. The position of the bulls is corroborated by the Awesome Oscillator (AO) indicator, positioned in the positive territory with a sustained series of green histogram bars.

However, should profit-taking begin, the upside potential for THORChain price could be cut short, with the ensuing selling pressure sending RUNE below the upper trendline of the wedge at around $2.492. Further south, the slump could send RUNE to test the $1.955 or $1.720 support levels.

In the dire case, THORChain price could extend the slump below the $1.500, falling out of the lower boundary of the wedge, and losing its support thereafter. A daily candlestick close below $1.500 would invalidate the bullish thesis.

Meanwhile, investors are looking at MK, a new player in the meme coin arena giving its peers, DOGE, SHIB, and FLOKI a tough run.

The world of #memecoins can be a rough place, but #MemeKombat is coming in hot 👊 pic.twitter.com/EotbPRQMyh

— Meme Kombat (@Meme_Kombat) October 4, 2023

The token will launch soon, with analysts anticipating a 10X growth potential upon launch for investors that buy MK during the presale.

Promising Alternative To THORChain

MK is the new meme coin sensation, progressively threatening to dethrone PEPE as it ascends to the helm of the meme coin market. It is the powering token for the Meme Kombat ecosystem, a stake to earn project with remarkable potential.

Kombat is ruthless⚔️ pic.twitter.com/7mM1PEXSwd

— Meme Kombat (@Meme_Kombat) October 30, 2023

The project made its debut only recently but has managed to capture the attention of the crypto community. Experts predict the project will give a significant return on investment at launch even as the presale continues. Based on the latest update on the official Meme Kombat website, presale sales have reached almost $920,000, out of the $1 million target. The pump does not show any signs of stopping.

Presale just cruising up to $900k and not looking to slow down🏎️

Another brilliant video by @cryptonews!
Full video 👉 https://t.co/s60P6dheWL $MK #MemeKombat pic.twitter.com/GZ9CwCkOrn

— Meme Kombat (@Meme_Kombat) October 30, 2023

Investors looking to buy MK token should head over to the website. The token is very affordable, for now, going for a meager $0.1667. You can buy the token using Ethereum (ETH), Tether (USDT), or your bank card.

New week. New possibilities.

Gonna be a big one for Meme Kombat as we approach $900k in presale💪 pic.twitter.com/IrItVNW1Fu

— Meme Kombat (@Meme_Kombat) October 30, 2023

Once an owner, do not sit on your Meme Kombat tokens and wait for the initial coin offering (ICO). Stake your MK tokens for amazing rewards, with the website showing that the Annual Percentage Yields (APY) are as high as 112%.

It is worth mentioning that Meme Kombat features among the top three ICOs to buy in 2023. It is also among the best and newest meme coins on CoinMarketCap and decentralized exchanges PancakeSwap and Uniswap.

Investors are very bullish about Meme Kombat. Do not miss out for any reason in the world. Get in on the action and join the community of players buying and staking their $MK to bet on exciting meme battles. You have a fair chance of winning more tokens and other prizes