Uniswap

THORChain

<p>Top analyst CryptoBull shared on X (formerly Twitter) that <a href="https://captainaltcoin.com/why-is-uniswap-uni-price-pumping-2/" target="_blank" rel="noopener noreferrer nofollow">Uniswap’s (UNI) price</a> has held firm at a critical support level, while THORChain (RUNE) has broken through a major resistance point, signaling potential gains for both tokens.&nbsp;</p>
<p>The analyst noted a favorable outlook on UNI’s consolidation within its range and a strong breakout for RUNE in another tweet, which is now among the top five gainers in the market with a 4.40% increase.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/xrp-price-on-the-verge-of-explosive-rally-could-5-85-be-next/" target="_blank" rel="noopener noreferrer nofollow">XRP Price on the Verge of Explosive Rally: Could $5.85 Be Next?</a></em></strong></p>
<h2 class="wp-block-heading" id="uniswap-uni-price-maintains-stability-within-range">Uniswap (UNI) Price Maintains Stability Within Range</h2>
<p>Uniswap’s price movements reveal a consistent range-bound pattern, oscillating between two key horizontal zones. These zones act as support and resistance, preventing extreme movements either upwards or downwards. The chart shows UNI moving within this established range, where buyers accumulate near the support level while sellers dominate at the resistance level.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="535" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-1024x535.png" alt="" class="wp-image-573101" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-1024x535.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-300x157.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-766x400.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-1536x802.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-2048x1069.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-287x150.png 287w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-100x52.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-670x350.png 670w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031-788x411.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1031.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/CryptoBull_360/status/1850388250290270396" target="_blank" rel="noopener noreferrer nofollow">X/CryptoBull</a></em></strong>
 </figcaption>
</figure>
<p>The lower green zone has acted as reliable support, rebounding multiple times and suggesting robust buying interest. Conversely, the upper green zone represents a barrier where selling pressure increases. This repetitive movement within the range signifies a phase of market indecision but could signal an opportunity if UNI eventually breaks out of this range.</p>
<p>Despite being range-bound, UNI’s recent bounce from support hints at a potential upward movement toward resistance. Volume has remained relatively low during this phase, a typical characteristic of consolidation.&nbsp;</p>
<p>However, should there be a spike in volume, a significant price shift may occur. CryptoBull’s tweet, “UNI chart looks good <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;">,” suggests positive sentiment and confidence in the current structure, especially if support holds and UNI resumes its climb toward the resistance zone.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="thorchain-rune-price-breaks-out-of-consolidation-phase">THORChain (RUNE) Price Breaks Out of Consolidation Phase</h2>
<p>In contrast, THORChain’s chart displays a strong breakout from a consolidation phase, marked by an ascending triangle formation. This pattern, characterized by rising lows and flat resistance, often indicates a bullish continuation.&nbsp;</p>
<p>The breakout is confirmed by a large upward candle that pierced through the resistance level, demonstrating heightened buying interest and momentum.</p>
<p>The breakout also aligns with a volume increase, which strengthens the move’s credibility and suggests that buyers may be ready to push RUNE even higher. CryptoBull’s tweet, “RUNE strong breakout<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;">,” underscores confidence in the token’s bullish shift.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="535" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-1024x535.png" alt="" class="wp-image-573093" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-1024x535.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-300x157.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-766x400.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-1536x802.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-2048x1069.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-287x150.png 287w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-100x52.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-670x350.png 670w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030-788x411.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1030.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/CryptoBull_360/status/1850392080885158243" target="_blank" rel="noopener noreferrer nofollow">X/CryptoBull</a></em></strong>
 </figcaption>
</figure>
<p>Following the breakout, RUNE’s price rose by 4.40%, placing it among the top five gainers in the crypto market today. This performance further supports the bullish trend, as higher volume and consistent buying interest continue to drive the price upward.&nbsp;</p>
<p>If the breakout holds above the previous resistance,<a href="https://coinmarketcap.com/currencies/thorchain/" target="_blank" rel="noopener noreferrer nofollow"> RUNE’s price</a> may see continued gains. There’s potential for a brief retest of this level, which could provide an additional entry point for traders seeking confirmation.</p>
<p>As UNI remains steady and RUNE surges, both tokens present intriguing opportunities in their respective formations. Market participants may find UNI appealing for its stable range, while RUNE’s breakout attracts momentum traders eyeing further upside.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/dogecoin-doge-nears-key-support-level-is-an-uptrend-on-the-horizon/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Nears Key Support Level – Is an Uptrend on the Horizon?</a></em></strong></p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/uniswap-uni-price-holds-key-support-as-thorchain-rune-breaks-resistance/" rel="noopener noreferrer nofollow">Uniswap (UNI) Price Holds Key Support as THORChain (RUNE) Breaks Resistance</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Uniswap (UNI) Price Holds Key Support as THORChain (RUNE) Breaks Resistance

Table of Contents

CaptainAltcoin

Other articles published on Oct 27, 2024

What is an IPO and how does it work? A beginners guide.

Decentralized future: TON Society co-founder on crypto mass adoption

4 Explosive Coins on Everyone's Radar – Seize Your Chance Now!

Putin Finally Signs Off on Bitcoin and Cryptocurrencies in Russia

Explore the Exciting “XRP Unleashed” Documentary Opening Soon

4 Tokens Expected to Soar After Cardano ETF Approval

Join our free newsletter for daily crypto updates!