RUNE THORCHAIN 4H chart AnalysingRUNE or Thorchain made a significant rise today and keeps abve $0.7 for few weeks .
It sarted rising from $0,4 and ade a huge pump.
But i think it will start falling after profit sells . Because trading volume is very losw when compared to other DeFi projects.
Also If a coin cant rise and stays stable between a gap, a huge dump comes after BTC little correction.
It will be nice price for putting short order above $0.9 and take a good profit.
Good luck
RUNEUSD
RUNE token might be approaching a good entry pointAs we can see on the chart, after an interesting increase in price and upwards momentum, RUNE token seems to be making a correction on its way up.
A retracement to the 0.382 Fibonacci level on the daily chart, a level which acted as support about ten days ago
From a fundamental point of view, I consider Thorchain a good project and now it could be a good entry point.
They're trying to accomplish cross-chain liquidity and they're still in an early phase, so there's still room for improvements.
They also offer an interesting staking program from the get-go.
So consider this opportunity.
RUNE/BTC AnalysisRUNE or ThorChain is one of new coin listedd on Binance and already got pumped before listing .
Some of profit sales were made but still thinking of more profit sales mihgt come soon .
it's price just got pumpet and hits 55k sats and returned fro the resistance.
Considering it's prie just rised up over %22
It's already pumped coin and it's price is likely to fall to 48,5k sats and if 48k sats support breaks,
its next target will be 43k sats .
Good luck and enjoy your day.
RUNE/USD Analysing RUNE or Thorchain was one of fastest rising coin in last week
They puplished mainnet update and it's price made more than 2x just in one week. (from $0,4 to $0,86)
As it seen in the graph, RUNE made ATH and returned from the resistance and likely to fall after profit sales .
Also about 1.000.000 RUNE has been distributed to users who staked their RUNE and soon those coins will be unlocked and sells will start.
Beause daily trading volume is low and it'spossible that traders will sell RUNE and invest in other coins.
It's good to put short order between $0.8- $0,83
It's targets are $0,77, $0,70, $0,59 and $0,53
I expect #RUNE will fall to $0,53 by the end of August.
Good luck