As we can see on the chart, after an interesting increase in price and upwards momentum, RUNE token seems to be making a correction on its way up.
A retracement to the 0.382 Fibonacci level on the daily chart, a level which acted as support about ten days ago
From a fundamental point of view, I consider Thorchain a good project and now it could be a good entry point.
They're trying to accomplish cross-chain liquidity and they're still in an early phase, so there's still room for improvements.
They also offer an interesting staking program from the get-go.
So consider this opportunity.
A retracement to the 0.382 Fibonacci level on the daily chart, a level which acted as support about ten days ago
From a fundamental point of view, I consider Thorchain a good project and now it could be a good entry point.
They're trying to accomplish cross-chain liquidity and they're still in an early phase, so there's still room for improvements.
They also offer an interesting staking program from the get-go.
So consider this opportunity.