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RUNEUSDT

THORChain Convert Debt into Equity: What about RUNE Holders FateTHORChain ( CRYPTOCAP:RUNE ) has taken a bold step to address its $200 million debt crisis by converting unserviceable debt into equity through a new token, TCY (Thorchain Yield). This strategic move follows the suspension of THORFi services on January 23, 2025, due to financial instability. While this decision aims to stabilize the ecosystem, the market response has been mixed, with CRYPTOCAP:RUNE experiencing sharp volatility. THORChain’s Debt-to-Equity Move The newly introduced TCY token will be issued at a rate of 1 TCY per dollar of defaulted debt, effectively turning affected lenders and savers into equity holders. To further support this transition, THORChain plans to create a RUNE/TCY liquidity pool with an initial $500,000 backing, pricing TCY at $0.10 per token. Additionally, TCY holders will receive 10% of THORChain’s revenue indefinitely, providing a long-term recovery mechanism. Despite these efforts, concerns linger regarding the timeline for full financial recovery. However, THORChain’s core functionality—cross-chain swaps—remains intact, ensuring continued utility for its users. Market sentiment, however, reflects uncertainty, as seen in CRYPTOCAP:RUNE ’s price action. Technical Outlook: Can CRYPTOCAP:RUNE Recover? Following the debt-to-equity announcement, CRYPTOCAP:RUNE has exhibited mixed performance. Initially, it plunged 10% within 24 hours, extending its 30-day decline to nearly 50%, in line with the broader market downturn. However, as of the latest data, CRYPTOCAP:RUNE is showing signs of recovery, posting an 11% gain and trading within a moderate zone. Key Levels to Watch: - Relative Strength Index (RSI): Currently at 38, indicating potential oversold conditions and a buying opportunity. - 38.2% Fibonacci Retracement Level: The $3.58 price mark aligns with this critical resistance; a breakout above this level could fuel a bullish rally. - 1-Month High Target: If momentum sustains, CRYPTOCAP:RUNE could push towards $5, the next major resistance level. Conclusion THORChain’s move to convert debt into equity is a double-edged sword. While it provides a structured approach to managing financial challenges, investor confidence remains uncertain. The success of the TCY token will heavily influence market sentiment around CRYPTOCAP:RUNE in the coming weeks. As the market digests this pivotal restructuring, all eyes remain on CRYPTOCAP:RUNE ’s price action and the effectiveness of THORChain’s recovery strategy.
Long
by DEXWireNews
RUNEUSDT: Is This Falling Wedge About to Trigger a Major Move?Yello, Paradisers! Have you been keeping an eye on RUNEUSDT? The price is following a textbook falling wedge pattern—a bullish formation that’s caught our attention after a healthy retracement. But here’s the main question: Will this breakout bring the pump we’re all waiting for, or is more pain on the horizon? Let’s dive in. 💎If RUNEUSDT breaks out of the falling wedge, the probabilities for a bullish move will significantly increase. However, don’t jump the gun—confirmation is key! Look for big volume spikes accompanying the breakout to validate the move. Without sufficient volume, it’s just a fake-out waiting to trap impatient traders. 💎On the other hand, if we see more retracement or even panic selling, the price could dip below the current inducement levels. In this scenario, we’d expect a bounce from the strong support zone, which is sitting at a crucial level. To improve the odds in our favor, keep a close eye on bullish I-CHoCH (Internal Change of Character) forming on lower timeframes. This will provide an early signal for potential trend reversal. 💎Now, let’s address the flip side. If the price breaks down and closes below the strong support zone, it will completely invalidate our bullish idea. In such a case, the smart move is to exercise patience and wait for better price action to develop. There’s no need to rush when the market isn’t showing clear opportunities! 🎖 As always, Paradisers, discipline is your greatest trading edge. Don’t act on emotions or rush into trades without proper confirmation. Only the patient and strategic will profit in the long run. Stay focused, stay smart, and play this game like a pro! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
5
THORChain Drops Nearly 30% Amidst 90-day Suspension of THORFiTHORChain ( CRYPTOCAP:RUNE ), a leading cross-chain liquidity protocol, has taken a severe hit, tumbling nearly 30% in 24 hours. This sharp decline follows the announcement of a 90-day suspension of THORFi lending services, igniting fears about the project’s financial stability. Let’s dive into the technical and fundamental aspects to understand the implications. What Happened? THORChain’s decision to pause THORFi lending services comes amid mounting financial uncertainties. Developers have initiated a 90-day restructuring plan aimed at stabilizing the platform. Key issues include: 1. Debt Overload: - THORFi’s "Savers and Lending" programs accumulated significant unserviceable debt. - Borrowings during lower BTC price levels created a shortfall, requiring the minting of CRYPTOCAP:RUNE to cover obligations. 2. Liquidity Concerns: - Allegations of insolvency stem from insufficient Bitcoin reserves in lending pools. - The lack of liquidation mechanisms worsened the financial strain. 3. Market Perception: - Community members fear parallels with Terra/Luna’s infamous collapse in 2022. - Synthetic assets backed by CRYPTOCAP:RUNE face increased scrutiny due to their reliance on liquidity pools for collateralization. Despite these challenges, THORChain’s founder remains optimistic, stating that restructuring will allow the protocol to service its debt and restore stability. Technical Outlook: What’s Next for CRYPTOCAP:RUNE ? At the time of writing, CRYPTOCAP:RUNE is trading at $2.01, down 21% in the last 24 hours, with an RSI of 28.61, signaling oversold conditions. Key Levels to Watch: - Support: The 1-month low of $1.93 serves as critical support. A breach below this level could trigger a selling spree, pushing CRYPTOCAP:RUNE further down. - Resistance: The nearest pivot point lies at the 38.2% Fibonacci retracement level, a potential target for recovery if market sentiment improves. Trading Opportunities: - Short-Term: Traders may capitalize on the oversold conditions for a potential bounce, especially as CRYPTOCAP:RUNE attempts to recover from the sharp decline. - Long-Term: With the altcoin season expected in early March, analysts view this dip as an entry point for investors with a high-risk appetite. Is This a Buying Opportunity? While the current situation paints a grim picture, it also presents a window for traders to enter at discounted levels. The ongoing restructuring plan and the anticipated altcoin season could drive a recovery in CRYPTOCAP:RUNE ’s price. However, caution is advised. The protocol’s financial health remains uncertain, and any further negative developments could exacerbate the decline. Conclusion THORChain’s current turmoil underscores the challenges faced by DeFi projects relying heavily on native tokens for collateralization. While the 90-day suspension of THORFi services aims to stabilize the platform, the road to recovery will depend on successful restructuring and improved market confidence. For now, CRYPTOCAP:RUNE ’s oversold status and support at $1.93 offer short-term trading opportunities, but long-term investors should remain vigilant. The next few months will be critical in determining whether THORChain can emerge stronger or succumb to its financial woes.
by DEXWireNews
How far will RUNE drop? (3D)As you have seen and know, the RUNE token is currently in freefall and has experienced a sharp drop compared to other altcoins. Upon analyzing the chart, we identified a fresh weekly order block. Considering the strength of the momentum, the freshness of this order block, and the fact that it belongs to a higher time frame, it is expected that this order block could halt the drop and push the price back toward higher levels. However, if this order block is breached without any reaction and a daily candle closes below the invalidation level, it might indicate that negative fundamental factors are at play for this token, potentially unknown to the public, raising concerns about a scenario similar to the Luna incident. For now, though, such a situation seems unlikely. The price appears to be in an ABC correction, currently within wave C of this correction. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
Golden Long Opportunity in RUNE | 600% Profit Potential!🔹 It looks like the Wave 2 correction for RUNE has ended, and we are now entering Wave 3. This is the perfect time to enter the market and capture massive gains! 🔸 Entry Price: $4 🔸 Stop Loss: $2.5 🔸 Take Profit: $28 💥 Risk-to-Reward: 1:16 📈 Profit Potential: Around 600% 📊 This analysis is based on Elliott Wave theory and key technical levels. With Wave 3 now underway, we expect a significant bullish move in RUNE’s price. Always use proper risk management and stick to your stop-loss!
Long
by arzdigitalistha
1
Skyrexio | Thorchain RUNE Is About To Explode!Hello, Skyrexians! Recent month was difficult for cryptocurrencies, but BINANCE:RUNEUSDT was one the top losers. It was able to drop to almost the 2024 lowest price. Holders are scared, but Elliott waves power make us sure that this asset will explode significantly in 2025. Let's take a look at weekly time frame. Previous bull run was huge and impulsive. The bear market did not overlap the bottom, it means that now price is in global wave 3. Recent dump is just the correction which reached the 0.5 Fibonacci level. We have already seen the green dot on the Bullish/Bearish Reversal Bar Indicator inside this zone. Now price is about to print another one. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . If this analysis is right, now price is about to show the most significant growth to $35-50. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
3
$RUNE is in my buying zoneCRYPTOCAP:RUNE has once again re-entered my buying zone, which I believe presents a buying opportunity. The team is rolling out their next update, causing a temporary slowdown. As you know, CRYPTOCAP:RUNE 's price is closely tied to the number and volume of transactions on the network. Since the new version hasn’t been fully deployed across all nodes yet, it’s impacting both the volume and the price. Once the update is complete, CRYPTOCAP:RUNE should recover. DYOR, of course. Keep in mind that if BTC crashes, all altcoins will likely crash too, regardless of their fundamentals.
by CryptoNikkoid
1
TradeCityPro | RUNE: Navigating Key Levels and Momentum Insights👋 Welcome to TradeCity Pro! In this analysis, I want to examine the RUNE coin for you. This coin is the official project token of Thorchain and is active in the DeFi and Cosmos ecosystem. 📅 Weekly Timeframe: Hidden Trendline In the weekly timeframe, we observe a hidden trendline that has formed from the ATH, and now, during its bullish trend corrections, the price is reacting to this trendline. 🔍 After the price reached a low of $0.817, as you can see, the buying volume significantly increased, and the price moved up to the area of $7.391, forming a range box between this area and $3.028. The ceiling at $7.391 had a fake breakout once, and in recent weeks, the price has been rejected from the $7.391 ceiling again. ✨ Currently, the price has touched the support at $3.028 again. If this area breaks, a double top could be activated with a target of $1.269. If the RSI breaks below 35.82, the likelihood of this scenario will increase. 🔽 If there is further correction and the $3.028 support breaks, the first important area would be the hidden trendline, and the next areas in order would be $2.037, $1.269, and $1.817. There are other areas in between, but these are the strongest levels on this chart. 🛒 For buying in spot or long-term long positions, the first trigger is breaking $7.391, which seems like a very suitable trigger. If this area is broken, the price could potentially move at least to its ATH, which is $19.816. If the ATH is broken, I will update the analysis to find the next targets. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
11
RUNE Long Opportunity Market Context: RUNE is showing signs of strength after consolidating near support and reclaiming the 200-day EMA, with a higher low further reinforcing the bullish structure. Holding above key trendlines, the setup indicates a potential continuation to the upside. Trade Details: Entry Zone: $4.30 – $4.70 Take Profit Targets: TP1: $6 TP2: $8 TP3: $13 Stop Loss: Daily close below $4 This setup offers an opportunity to position for a potential breakout while managing risk effectively. 📈
Long
by Richtv_official
#RUNE #RUNEUSDT #THORChain #Analysis #Eddy#RUNE #RUNEUSDT #THORChain #Analysis #Eddy At your request, dear followers, I'm here with a technical analysis of THORChain (RUNE). On the daily timeframe, after exiting the trend and the ascending channel, I expect RUNE to have a Sharpe decline to the specified demand area after pullback to the specified supply zone at 5.170 & 5.270. After this drop to the demand zone, with confirmation, we can enter long positions with a focus on the targets of $10 and $20. It is also appropriate for spot buy in prices : 2.150 & 2.000 I also invite you to benefit from my Bitcoin analysis... Bitcoin analysis: ((BTC/USD)): Check the link:
by Eddy_Trade_