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Bullish momentum has prevailed in the THORChain (RUNE), Pepe Coin (PEPE), and Solana (SOL) during the previous 24 hours. These three cryptocurrencies have seen substantial price rises, with RUNE and SOL attaining annual highs and PEPE bulls able to push the price to an 8-week high. Will the rally continue for RUNE, PEPE, and SOL?
THORChain (RUNE) Soars Over 15%
Despite beginning the day with negative momentum that brought the THORChain (RUNE) price to an intra-day low of $3.30, the bulls swiftly seized control and drove the price up to a new a-year high of $4.00. RUNE was trading at $3.79 at press time, representing a 13.39% increase from the support level.
The strong positive momentum suggests that the RUNE/USD may continue to rise, with resistance levels around $4.20 and $4.50 likely to be challenged soon. As a result, RUNE’s trading volume and market capitalization increased by 13.43% and 158.80%, to $1,281,276,817 and $350,194,020, respectively.
THORChain (RUNE) Chart
Pepe Coin (PEPE) Increased by 13%
Pepe Coin (PEPE) started the day at $0.000001156 and climbed to $0.000001185 before seeing a brief setback. Bulls, conversely, thwarted the bearish efforts and pushed the Pepe Coin price to a 30-day high of $0.000001347 before encountering substantial resistance. Despite the barrier, PEPE was trading 11.90% higher at $0.000001286 at the time of writing.
PEPE’s market capitalization and 24-hour trading volume increased by 12.13% and 330.15%, respectively, to $540.73 million and $385.91 million during the rally, demonstrating investors’ rising confidence and demand for PEPE.
Pepe (PEPE) chart
Solana (SOL) Jumps 6%
Early in the day, Solana’s (SOL) bulls and bears battled for power until the bulls grabbed control and drove the price up to a 12-month high of $48.73. The rise in SOL’s price was followed by an increase in market capitalization trading volume of 6.25% and 96.55%, respectively, to $19,147,259,507 and $2,713,552,313, suggesting substantial market involvement.
Solana (SOL) Chart
The bullish momentum remained in the market at press time, with SOL trading at $45.10, a 6% surge from the intraday low.
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