Metamask adds Thorchain support but RUNE bulls could head this way…
ThorChain dropped some big news and RUNE is in no shape to keep it low. RUNE saw a renewed confidence after the protocol's Metamask compatibility announcement. But will the bulls stay around a bit longer? ...
- Thorchain has integrated with Metamask, allowing users to trade crypto using a decentralized protocol instead of a centralized exchange.
- The integration with Metamask could be a game-changer for Thorchain, as Metamask has over 30 million users globally.
- Thorchain's native cryptocurrency, RUNE, has experienced a positive reaction to the news, with a 13% upside in the last 24 hours.
- Traders should be cautious of potential sell pressure as RUNE approaches overbought territory and the same resistance range as its August rally.
- On-chain data shows an increase in investor confidence and growing volume for RUNE.
- The overall market conditions have been improving in favor of the bulls, which could further support RUNE's rally.
The article has a positive sentiment overall, highlighting the potential benefits of Thorchain's integration with Metamask and the positive reaction of RUNE's price.