NEAR rose to its highest level since last Thursday, as prices rebounded from recent lows. SAND and RUNE also climbed from long-term support levels on Tuesday, with RUNE rising by over 20% in today’s session.RUNE was easily one of the biggest gainers during today’s trading session, as it separated itself from AXS, cementing itself as the world’s 43rd-largest cryptocurrency.
This move sees RUNE climb to its highest level since last Thursday, April 14, where price went on to be held at resistance.The long-term ceiling is currently at $9.40, which hasn’t been broken since earlier this month, and late March prior to that. Should this momentum extend, we could see RUNE at $10.00 later this week. However, bulls could likely take profits once this point is reached.NEAR continued to move away from its long-term support level on Tuesday, as prices rebound following a recent four-day bear run.
Since bouncing from support yesterday, those gains extended in today’s session, with NEAR/USD hitting a peak of $17.50.Now once again near resistance, many are waiting to see if prices will continue to consolidate, or if there will be a sustained breakout for the first time this month.