Thorchain (RUNE), Celestia (TIA), and Fantom (FTM) Top the Gainers' List, but Will the Rally Continue?

The crypto market today shows a slight recovery with the TOTAL market cap of $2.14T and Bitcoin reclaiming the $61,000 mark, Ethereum (ETH) still struggling, XRP getting stronger and Solana (SOL) preparing for a surge in the short-term.

In the crypto market today, we see a slight recovery, with the TOTAL market cap at $2.14T and Bitcoin reclaiming the $61,000 mark. Ethereum (ETH) still faces challenges, XRP shows strength, and Solana (SOL) prepares for a short-term surge.

Throughout the cycle, Thorchain(RUNE), Celestia(TIA), and Fantom (FTM) lead the gainers' list. Let's analyze if the rally continues or settles here.

Thorchain (RUNE)

RUNE's overall performance is lackluster, with the asset on a downtrend after hitting a yearly high of $10.5 in March, losing crucial support zones.

Currently, at the top of the gainers' list, RUNE trades at $3.68, showing a 24-hour growth of 12.76%. The recent pullback forms another lower-high, but RUNE needs a strong higher-low movement to regain momentum.

The recent price surge is due to the Kujira partnership news, and looking at the technicals, mid-term growth seems to continue.

In the RUNE/USDT Chart, we can spot a falling wedge pattern forming, with upper resistance and a breakout that would trigger an upward rally. Traders should watch this closely.

The RSI for the mid-term is at the neutral line, reflecting a slight correction, and MACD is attempting to cross the signal line, indicating the trend will continue.

However, RUNE trades below major long-term moving averages and has ultimate support at $3.06.

Traders should wait for the asset to cross the resistance at $3.8 to establish a strong base for further upward movement.

Celestia (TIA)

After a month-long decline, the support at $4.5 ended the correction wave last week. The recent surge is due to increased accumulation since last week and more fundamental updates.

TIA trades at $6.15 at the time of writing, showing a 24-hour growth of 8.29% and a weekly growth of 24.54%.

The TIA/USDT chart reveals interesting factors; in the daily chart, the asset breaks out of a falling wedge pattern, and on the 4-hour chart, it forms an upward channel pattern. This usually leads to a sideway movement.

The RSI for tia now is at 61, in the neutral zone which means the asset still has room for accumulation. While MACD shows a bullish cross above the signal line.

TIA has plotted support at $5.14 and Resistance and $7.5, movement crossing in any direction will result in more impact.

Fantom (FTM)

Fantom's yearly performance is modest, with a 54% yealy growth, while other altcoins like Solana,Toncoin makes above 100%. FTM in the last 3 months is declined to lose major support zones by creating lower-lows and highs.

At the time of writing FTM is at $0.3073 with a 24-hour surge of 7.75% and a weekly surge of 16.78%, but the trading volume rising in a slow rare of 3.75%.

The recent fundamentals for FTM have been the trigger like the Whale’s activity in this week has been decreased.

This indicates the cooling of large transactions and may result in price rises with retail accumulations.

The FTM/USDT chart reveals the price moving in a downward channel with a downward resistance, and a breakout from here will shake bulls to make a strong upward movement.

The applied alligator indicator shows the price movement has woken up and the increased activity is expected for FTM.

For the short term, FTM has support at $0.337, and $0.3209, to rally it must need to flip the resistance of $0.39, which seems possible for the FTM coin.

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