ThorChain jumps 16%, challenges $2.93 – Only this level stands in RUNE’s way

In the past day, RUNE surged 15.64%. Currently, it faces resistance at 2.93 USD, a crucial level that could significantly influence future price changes.

Despite optimistic derivatives market signals, spot traders are showing profit-taking behavior. If RUNE can maintain above 2.93 USD, it might target a rise towards 4.14 USD.