Crypto prize forecast: Thorchain (rune), Flare, Tron

cryptocurrencies had a mixed week after Grayscale had a big victory against the Securities and Exchange Commission (Sec). This judgment led to a significant recovery of most cryptocurrencies such as Bitcoin and Litecoin.

The winnings were short-lived after the SEC decided to postpone their decision on several ETF proposals from companies such as Blackrock, Investco and Wisdomtree. This article is about some of the top coins that should be kept in mind this weekend, including Flare, Tron and Thorchain (rune).

Flare price forecast

The flare price has moved sideways in the past few weeks. On the four-hour chart we see that the coin has formed an ascending channel that is shown in black. This channel recorded an increase of $ 0.012 on August 18 at the current value of $ 0.018.

flare consolidates itself in the sliding average of 50 and 25 periods. It has also moved back to the lower side of the rising channel. At the same time, the relative strength index (RSI) and the Stochastic Oscillator (Sun) are scraped up.

The prospects for the FLR token are slightly optimistic, since buyers strive for the upper side of the channel at $ 0.014. The alternative scenario is that the token creates a declining outbreak and the support tests again at $ 0.012.

tron ​​price forecast

tron ​​ The price has been in a narrow area in the past few days. The transaction price is $ 0.076, where it has been located since mid-August. The coin consolidates on the sliding 50-day average.

on the daily chart, the coin has formed an ascending channel that is shown in black. The lower side of the channel combined the lowest levels since January 6th. At the same time, the price is at the Woodie Pivotpunkt, while the stochastics oscillator fell below 80.

Therefore the tron ​​price on weekends will probably remain in this area. The most important level of support and resistance that needs to be observed are $ 0.070 and $ 0.08.

Thorchain price forecast

thorchain The price has been one of the cryptocurrencies with the best performance since June. The token rose from a low of $ 0.77 in June to a maximum of $ 1.93 in August. On the daily chart, the token has risen over the sliding 50-day and 25-day average.

The stochastics oscillator has moved below the neutral value of 40, while the relative strength index (RSI) has formed a declining divergence pattern. Thorchain seems to be a double-top pattern, which means that the price could test the upper side again at $ 1.93.