Rune usdt long scenario.
I feel bullish on rune, as we saw recent rally above 17$ even after its Hack attack on Thor Chain, fell from 22$ to 3$. Back up to 17$ showed growth potential as well as Community power and An outstanding dev team.
1) broke the recent trend line and need to close above 7.780 on daily time frame in order get back the bullish momentum. (OTHERWISE THIS SCENARIO FAILS)
2) major resistance 10.250 if that breaks we are back on the track to 17+ for sure.
3) Good news from the TC Devs Regarding Mainnet launch from Chaosnet, And they are working 24/7 to make the code flawless during Chaosnet so some system Halts were Expected and they want TC to be On point when Mainnet Launches. That caused a delay on current expectation of launch in the end of December (WHICH IS NOW EXPECTED TO BE END OF JANUARY OR Q1 OF 2022).
From these scenarios I speculate that Rune will be above 17$ for sure.
1) broke the recent trend line and need to close above 7.780 on daily time frame in order get back the bullish momentum. (OTHERWISE THIS SCENARIO FAILS)
2) major resistance 10.250 if that breaks we are back on the track to 17+ for sure.
3) Good news from the TC Devs Regarding Mainnet launch from Chaosnet, And they are working 24/7 to make the code flawless during Chaosnet so some system Halts were Expected and they want TC to be On point when Mainnet Launches. That caused a delay on current expectation of launch in the end of December (WHICH IS NOW EXPECTED TO BE END OF JANUARY OR Q1 OF 2022).
From these scenarios I speculate that Rune will be above 17$ for sure.
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