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Despite the recent market downturn triggered by Bitcoin, THORChain (RUNE) has demonstrated notable resilience, emerging as one of the few cryptocurrencies to stage a recovery.
Over the last few hours, RUNE has surged approximately 5.7%, showcasing its ability to rebound from downward pressure.
However, it’s important to note that RUNE is currently hovering near its lowest level since November 2023 and remains significantly below its all-time high, approximately 90% down.
THORChain (RUNE) Price Prediction
Analyzing the price chart, RUNE appears to be reclaiming important moving averages (MAs), setting up clean trade opportunities.
On the 4-hour timeframe, a 4.56% trade possibility is emerging between the 7 SMA and the 55 SMA. Meanwhile, the 12-hour chart shows RUNE approaching the 21 Exponential Moving Average (EMA), indicating the possibility of further upward momentum.
From a broader perspective, RUNE’s recent movements suggest a potential rally. Historical patterns show that after sharp market crashes, recovery trends often follow, and RUNE appears to be aligning with this pattern.
THORChain has faced significant challenges, including a financial crisis that led to a near-collapse. The project entered a 90-day restructuring phase, causing extreme volatility in its price.
Investors who entered long positions earlier in the year experienced significant gains before the token’s value plummeted. The collapse stemmed from over-leveraging and a lack of liquidity to support the blockchain, resulting in a sharp decline.
Despite these struggles, RUNE still presents short-term trading opportunities. The daily chart suggests that a breakout could trigger substantial moves, with potential gains ranging from 10% to 30%. However, if the price fails to hold key support levels, a measured move to the downside could result in a 29% drop.
Best Wallet – Top Crypto Wallet of 2025?
Best Wallet’s latest update, version 2.5.1, transforms it into a full multi-chain solution, adding complete Bitcoin functionality alongside Ethereum, BNB Chain, and Polygon support.
This update arrives at the right time for users looking for a secure alternative to exchange storage or those who prefer anonymous crypto purchases.
Security remains a top priority, with Fireblocks’ institutional-grade technology and Multi-Party Computation (MPC) providing strong protection without making the platform harder to use. Best Wallet has also made the migration process simple.
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Users can update the app through Google Play or the iOS App Store, then follow on-screen instructions by going to Settings, Manage Wallets, and selecting Multi-Chain Wallets, using their original login method. Before proceeding, securing private keys or the recovery phrase is essential for safe wallet backup.
Beyond Bitcoin integration, Best Wallet is gaining attention for its innovative features. The “Upcoming Tokens” feature acts as a crypto launchpad, successfully highlighting projects like Pepe Unchained and Catslap, supported by the native $BEST token.
The $BEST token plays a key role in Best Wallet’s ongoing presale, available at $0.024175, offering benefits like lower fees and staking rewards of up to 150% APY.
The presale has already raised over $10.6 million, fueling Best Wallet’s rapid expansion to more than 500,000 users in about a year. A detailed guide on how to buy Best Wallet tokens is available for those interested.
For those looking to buy Bitcoin, Best Wallet offers an easy process. Users can purchase it directly with a card through the app or swap existing cryptocurrencies. Buying Bitcoin is as simple as going to “Trade,” selecting “Buy,” choosing Bitcoin, confirming the details, and completing the purchase.
With strong security, multi-chain support, innovative token features, and a user-friendly experience, Best Wallet stands out as a top crypto wallet choice. To take part in the $BEST token presale, head over to bestwallet.com.
Related
- Best Crypto to Buy Now February 21 – Solayer, THORChain, Jito
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- TRUMP Soars 21% After Zelensky Shouting Match, While This Best Crypto Wallet ICO Heads For $11M
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