Yesterday the price broke out to the upside and closed above the EMA ribbons for the first time since the correction.
Over the last few hours we see the price turning resistance into support and having a nice bounce.
The MACD is close to a positive crossover and the rsi is sitting nice at around 50%. The one thing missing at this point is volume, but this is just...
LRC fundamentals are stronger then ever. TVL is increasing on a daily base and as soon as more pairs are added, people will be running away from the ever increasing ETH gas fees.
RUNE is forming a falling wedge on the 1h time frame and the rsi is showing bullish divergence.
Let's wait and see if we get a volume confirmed breakout the next time price hits the upper trend line.
The pattern would be invalidated if price were to fall below the dotted line.
Please do your own research.
