ThorChain (RUNE) and Just (JST) Technical Analysis: Buyers Unyielding PlatoBlockchain Data Intelligence. Vertical Search. Ai.

ThorChain (RUNE) and Just (JST) Technical Analysis: Buyers Unyielding

ThorChain and Just crypto prices are firm to the upside. From the daily chart, RUNE bulls have eyes on $20 while JST buyers stand a chance above $0.07.

ThorChain (RUNE)

The interoperable DEX on its scalable chain uses RUNE as the primary token.

Past Performance of RUNE

The ThorChain coin is within a bullish breakout pattern, clear in the daily chart. While RUNE crypto outperforms BTC and ETH, there are hints of weakness.

Still, RUNE coin buyers are firm and may retest 2021 highs at $20.

Day-Ahead and What to Expect

The path of the least resistance is northwards as per the RUNE technical analysis.

Overall, the candlestick arrangement in the daily chart favors buyers. As a result, every low may offer entries after a super performance in October 2021.

Specifically, a close above $15 may further rejuvenate RUNE coin traders targeting $20.

On the flip side, a dump below $12 may see bears of September flow back.

ThorChain Technical Analysis

ThorChain Daily Price Chart for November 1

There are lower lows relative to the upper BB, suggesting weakness despite recent gains.

Therefore, while RUNE/USDT is bullish, sellers might prevail, leading to a natural pullback.

As such, the reaction at $12 matters for short-term trend definition.

A break below may see RUNE crypto slide to $9.5. Still, if the uptrend momentum is strong, leading to a lift-off above $15 in buy resumption, every low may provide entry for buyers targeting $20.

Just (JST)

The platform is the largest DeFi protocol on the Tron blockchain, using JST for governance.

Past Performance of JST

The Just coin is steady, rejecting bear attempts, as visible in the daily chart. Still, JST crypto prices are generally in a broader consolidation inside a $0.05 zone.

Day-Ahead and What to Expect

As per the JST technical analysis, buyers have a chance.

From the candlestick arrangement in the daily chart, aggressive JST coin bulls could buy the dips expecting a close above the primary resistance at $0.01.

However, a dip below $0.07 cancels the uptrend for bears keen on dragging JST/USDT back to $0.05.

Just Technical Analysis

Just Daily Price Chart for November 1

There are indicators of strength in the daily chart supportive of JST token bulls. Nonetheless, this largely depends on the close above $0.10.

If Just crypto bulls surmount this level, JST/USDT prices would quickly fly to $0.12 in continuation of early Q3 superb gains.

Conversely, there would be a concern on the uptrend’s strength if there are losses in sync with October 27 bear bar below $0.07.

Source: https://www.cryptoknowmics.com/news/thorchain-rune-and-just-jst-technical-analysis-buyers-unyielding/

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