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Thorchain

Thorchain (RUNE) about to go 1100%?Dearest reader, Welcome back for yet another great analysis, there is alot to unpack on the chart above so lets dive right in. Thorchain has seen a brutal crash/retrace of a whopping 87% since december regarding their financial situation around the thorfi hack. There is always something right? Ignore the FUD and look at the chart, it's screaming ''buy buy buy!'' Lets go through the chart from left to right. 1. Lower support line, has seen 5 confirmations so far, dating back all the way to 2020 (Small 1's) 2. Bullflag. Has seen 6 confirmations of this channel (green circles) and had a breakout in november 2023 3. Retest of BOTH 1 and 2, the upper line of the bullflag and also the support line since 2020 4. Stochastic RSI is oversold, sellers are exhausted, makes sense! it has seen a 87% drop allready. MFI has seen the lowest point in the history of this token (17) and has been moving back up. Note: Stochastic RSI is a lagging indicator and MFI is forward looking. Both look bullish If the pattern from 2020 would repeat that could mean that by august this year we will see a price of 11 dollars yet again, that's a whopping 1100% from this point. Target: 11/12$ Entry: 1$ Stoploss: 0.75$ (There is some support here, so even when this area is hit it might still bounce up. ~Rustle
BINANCE:RUNEUSDLong
by Rustlingjimmies
RUNE - Make or break ...RUNE is currently in a prolonged downtrend, respecting the descending resistance lines since its peak. Price is now approaching a critical horizontal support zone: 🔴 Key Support: $0.75 🟠 Minor Support Zone: $1.00 – $1.10 🟢 Major Resistance Levels: $2.50 (First trendline test) $4.00 (Second trendline) $6.00+ The price action is compressing near the lower boundary of the descending channel, while RSI is drifting toward oversold levels (RSI ~37.85). Historically, RUNE has seen relief rallies from this region. ⚠️ Scenarios to Watch: Bullish: Price holds above $0.75 and RSI enters oversold territory. Break and close above $1.10 could trigger a relief rally toward $2.50. Confirmation would come with increasing volume and break of descending trendline. Bearish: Breakdown below $0.75 support could open doors for further downside. Possible targets below $0.75: psychological levels at $0.50 or lower, especially if volume increases on the breakdown. 📈 RSI Indicator: RSI nearing oversold, currently ~37.85. No confirmed bullish divergence yet, but worth watching closely for potential reversal signals. 🧩 Strategy Notes: Conservative traders: Wait for reclaim of trendline and a close above $1.10–1.20 for safer entry. Aggressive traders: Look for bullish RSI divergence or price action confirmation around $0.75 for a potential bounce play. Risk management is crucial — set tight stop losses below critical levels. 🎯 Summary: RUNE is at a make-or-break zone. $0.75 is a crucial historical support. A bounce from here could send the price towards the first resistance at $2.50, while a breakdown may lead to further bearish momentum. Watch RSI and volume for clues!
Long
by alfra
THORChain: Your Altcoin ChoiceTHORChain (RUNE) looks great, for buyers. Right now the action is happening right above a major low, the November 2022 low. RUNEUSDT hit a major low in November 2022 together with Bitcoin. It then went on to produce a lower low that was followed by a ~1,400% bullish wave. This is only the preview pre-bull market year. In this bull-market year, growth should be much stronger. Much of this bullish wave has been erased, corrected and now RUNEUSDT stands above long-term support. This is the buy-zone, a long-term buy-zone. The accumulation zone. This is a great place/price to buy-up, buy-in, rebuy and reload. Buy, buy, buy, buy focusing on the long-term. This is truly a great opportunity and entry price. We do not focus on the fact that prices are dropping nor the short-term. We focus on the future and the potential we have for growth. Just as the 2022/2023 bearish cycle produced a major bullish phase; this strong correction we are seeing now in early 2025 will launch the next bull market, growth will be many times bigger compared to the last wave. This is a good one. You are wise if you are looking at this pair. Thanks a lot for your continued support. RUNEUSDT (THORChain), Your TOP Altcoin Choice. A strong and solid target for this cycle can be $30. It can go higher just as it can reach lower, but this is a good level to look for. A good price to use as a reference point. Namaste.
Long
by MasterAnanda
5
Rune - Thorchain: A Mid-Term Opportunity Too Good to IgnoreThorchain (RUNE) presents a compelling short-to-midterm opportunity that’s hard to pass up. Despite reports suggesting that North Korean hackers have used it to launder stolen Ethereum, the technical indicators are extremely bullish. Volume: One of the highest levels we've seen in a long time. RSI: Oversold on the weekly chart, signaling a strong potential for a rebound. Midterm Target: A 5x to 6x increase. This looks like the best buying opportunity at the moment—unless I’m overlooking something fundamental. If I am, feel free to share your thoughts in the comments. Thanks!
Long
by alfra
THORChain Bullish Confirmed: 361% Back To Baseline PotentialWhen a Cryptocurrency trading pair moves and closes daily above EMA13, this confirms a bullish bias. The longer the moving average the stronger the signal/confirmation. Here we are looking at RUNEUSDT (THORChain) and we can see a move and close above EMA13 and EMA21. The move above EMA21 happened today and this one is confirmed only when the session (daily candle) closes above this level. EMA13 is a short-term exponential moving average when it comes to Cryptocurrency trading charts. A move above this level signals the change of a bearish bias towards a bullish one. The fact that RUNEUSDT is moving also above EMA21 fully confirms the short-term bullish signal given by the break above EMA13. In simple terms, we are going up —bullish confirmed. When there is a strong drop, as shown in this chart, there is always a counter move "back to baseline." The baseline here is the last high because of a double-top between May and December 2024. Back to baseline would give us a minimum of 361% potential for growth. This is short-term. There is sure to be more, much more because we are in a bull-market year. Prepare for massive growth. This is an easy chart, an easy trade. Thank you for reading. Your continued support is highly appreciated. Namaste.
Long
by MasterAnanda
3
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
$RUNE is crashing. What is the consequence for Defi?This idea focuses more on DeFi and Web3 as a whole rather than the specific case of $RUNE. What is happening to CRYPTOCAP:RUNE can happen to any other DeFi protocol, so it’s crucial to analyze how these protocols work, identify the risks, and explore how to mitigate them. ### How DeFi Protocols Work CRYPTOCAP:RUNE , like many other protocols, is powered by smart contracts. These are small programs that execute tasks like lending, swapping, and other DeFi functions automatically and without human intervention. Investors love these protocols for their decentralized nature and trustless execution, enabled by blockchain technology. CRYPTOCAP:RUNE gained popularity because its decentralized protocol allowed its price to be tied to factors like its total value locked (TVL) and fee earnings. The more people staked, provided liquidity, or used its lending services, the more CRYPTOCAP:RUNE ’s price increased. For instance, we saw CRYPTOCAP:RUNE rise from $3 to $12 last year as people used the protocol to loan CRYPTOCAP:BTC and CRYPTOCAP:ETH during their price surges. ### The Mechanism Behind CRYPTOCAP:RUNE DeFi protocols like CRYPTOCAP:RUNE rely on the token itself as collateral. For example: - When users send CRYPTOCAP:BTC or CRYPTOCAP:ETH to the protocol, it automatically buys and sells CRYPTOCAP:RUNE , which drives its price up. - Conversely, when users withdraw CRYPTOCAP:BTC or CRYPTOCAP:ETH , the protocol sells CRYPTOCAP:RUNE to repay those users, which puts downward pressure on its price. This mechanism can create vulnerabilities, as we’ve seen with $RUNE. ### What Went Wrong? While all altcoins were losing value, CRYPTOCAP:BTC outperformed to the point where the total value of CRYPTOCAP:BTC being staked and loaned on the protocol exceeded the total value of $RUNE. In simple terms, if everyone requested their CRYPTOCAP:BTC and CRYPTOCAP:ETH back, the protocol would not have enough CRYPTOCAP:RUNE to sell and repay them. This is known as **insolvency**. Last year, when authorities paused Rune Swap for a week to investigate criminal activity, CRYPTOCAP:RUNE ’s price plummeted from $2.2 to $1.3 as smart contracts automatically compensated for reduced earnings and people redeemed their staked assets, forcing the protocol to sell $RUNE. ### The Catastrophic Validator Decision This month, with the price of CRYPTOCAP:BTC surging, some inverstors decided to cash out from CRYPTOCAP:RUNE and that is when they realized that the price of CRYPTOCAP:RUNE was so underperforming CRYPTOCAP:BTC that the protocol might be insolvent. They createed a "bank run" and an avalanche of investors lost their trust and asked their coins back. To prevent a complete collapse, validators—who are essential for running the blockchain—used a private key to manually stop the protocol. This halted the smart contracts from continuing to sell $RUNE. However, this move backfired. Observers saw the protocol being manually interfered with, highlighting its insolvency and raising serious concerns. This decision led to even more fear, uncertainty, and doubt (FUD). It became clear that DeFi’s lack of flexibility and inability to adapt to emergencies can create destructive outcomes. ### Broader Implications for DeFi Protocols This exposes a significant vulnerability in all DeFi protocols. Many rely on their own coin as collateral, but if CRYPTOCAP:BTC continues to rise in value and users decide to withdraw their CRYPTOCAP:BTC , the protocols could face the same insolvency issue. In some cases, the amount required to repay users may exceed the protocol’s total collateral—or even the market cap of the altcoin itself. ### The Potential Domino Effect If platforms like Uniswap, PancakeSwap, Hyperliquid, and others fail to address this issue, we could see a domino effect: - Investors may withdraw their funds from DeFi protocols, leading to a collapse of the entire DeFi ecosystem. - Such an event would have dire consequences for the broader altcoin market. ### The Solution If CRYPTOCAP:BTC continues its bull run alone, DeFi platforms may need to reconsider their reliance on CRYPTOCAP:BTC and stop lending/staking and swapping to $BTC. Failure to adapt could render many protocols insolvent, triggering unprecedented FUD and potentially causing the crypto market to crash. ### Conclusion The current situation with CRYPTOCAP:RUNE is a cautionary tale for the entire DeFi industry. Without proactive measures, the very mechanisms that make DeFi appealing—decentralization and automation—could become its greatest weaknesses.
Short
by CryptoNikkoid
24
Alikze »» RUNE | Head and shoulders pattern scenario🔍 Technical analysis: Head and shoulders pattern scenario - According to the analysis presented in the previous post, he retested the supply area after exiting the congestion, but failed to break it. - It is currently moving in an ascending channel in the weekly and daily time frames, which has broken the dynamic trigger. - A head and shoulder pattern has formed in the weekly time frame. 💎 If after retesting the dynamic trigger fails to break it and breaks the neckline, it can confirm the head and shoulder pattern for a downward trend to the origin of the movement, which can have downward targets near 3.13 and 2.35 and a green box. 💎 Alternative scenario: if the dynamic trigger is broken, its first target will be $6.25 and then it can be offered after the pullback to the successful structure of breaking the zone, it can have the next targets of $9.38 and $12.5. 🛑 Resistance range: 6.25 - 9.38 - 12.5 🟩 Support range: 3.13 -2.35 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
1
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
RUNEUSD: Rebound at the bottom of the Channel UpTHORChain is neutral on its 1D technical outlook (RSI = 45.391, MACD = -0.566, ADX = 34.736) as it recovered the bearish action of Wednesday. That was straight after the price made a new HL at the bottom of the long term Channel Up. The 1D RSI is rebounding in the exact same way as the August 5th 2024 HL. We are bullish, aiming for the 0.618 Fibonacci level (TP = 5.8300). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:RUNEUSDLong
by InvestingScope
2
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
4
$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
#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_
Last Chance: $RUNE Poised for Parabolic Move Beyond ATHsThis could be the last chance to enter before CRYPTOCAP:RUNE begins its parabolic move, or at least starts expanding, leaving everyone behind. The new weekly trend is about to confirm, and it’s at a pivotal area. If it breaks above $7, this will trigger an even bigger upside. I believe CRYPTOCAP:RUNE is on track to break beyond its all-time highs and could potentially reach the second target near $75. It may seem ambitious, but the chart is signaling a strong move ahead. BINANCE:RUNEUSDT Buying as close as possible to $6.60 for this setup. Previous entries are posted here
Long
by ZelfTrade