Will RUNE Continue to Steal the Spotlight from Other Altcoins?

• RUNE tapped a three-month high, thanks to its 46% increase in the last seven days.
• Unless demand for RUNE increases, the token could correct to $0.85.
• The CVD and CMF aligned with a large buying presence, indicating that RUNE could head for $1.50.

Although RUNE’s rise made it the top gainer out of the top 100 assets, it also represents a three-month high since it last reached the price in May.

The tremendous rally has raised questions about whether ThorChain’s native token could remain a focal point of interest going forward.  According to the RUNE/USD 4-hour chart, the token scaled past multiple resistance turned them into support, and finally formed a bullish market structure.

Correction on the Horizon

After reaching a peak of $1.41, RUNE retraced to $1.36 — a sign that market participants had taken some prof…