THORChain (RUNE) and BONK Meme Coin Prices Dipping: Here’s Why

The price of THORchain (RUNE) has continued its downward slope. It has been consistently touching the top of a descending trendline as resistance. RUNE price has gotten to that point again, hence the drop. If the pattern continues, we could see a drop below $3.2. The daily time frame relative strength index is at 42.