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? Igno
Key stats
About RUNE
Weekly Timeframe Analysis (RUNE/USDT)This weekly chart provides a broader perspective and helps identify longer-term targets and trends.
1. Price Structure (Elliott Wave Projection):
The chart suggests a potential 5-wave Elliott structure, implying a medium-to-long-term bullish reversal pattern.
Wave (1) starts from the current suppo
Generational long opp, -86% in 36 days at historic support Longing this is one of the biggest no brainers ive seen in my over decade of experience trading these markets.
Holders: BTC holders have most money objectively, they love RUNE
Price Level: Monthly close from Aug 20 to form pattern for breakout to ATH
Mean Reversion: -86% in 36 days buys you some s
RUNE Stock Chart Fibonacci Analysis 021425Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 1.45/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
Can RUNE recover and go parabolic? THORChain's native token, RUNE, has experienced a significant decline in value recently. Despite the recent drop, RUNE is still holding strong at its support level. If this support remains firm, I believe RUNE has the potential to not only recover but go parabolic in the coming years.
THORChain (RUNE)Rune is another crypto project which has great features and possibly a bright future. After the corrective wave hit 0.382 Fibonacci retracement, it seems Rune is oscillating. It is too soon to conclude that the corrective wave is finished, it might go further down. However, there are two lines, one
RUNE/USD Elliott Wave Analysis: Bullish Wave 3 Elliott Wave Analysis: Bullish Wave 3 Confirmation
The updated chart suggests that Wave 2 of the Elliott Wave cycle is nearing its completion, and we are positioned for the beginning of Wave 3, the most impulsive wave.
Wave 2 Levels and Structure
Price Levels:
The correction of Wave 2 has r
RUNE ChartHey,
Most of my holdings have been going very well the recent years.
However the performance of RUNE is not really that significant.
It was nice to get in at $1,40 and see it go near $10, but my target is +$20...
Price is shaping up pretty good now.
Expecting a catching-up run to the upside
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 20
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RUNE (RUNE) is 1.20266015 USD — it has fallen −0.16% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing RUNE price chart.
The current market capitalization of RUNE (RUNE) is 422.80 M USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
RUNE (RUNE) trading volume in 24 hours is 73.01 M USD. See how often other coins are traded in this list.
RUNE price has fallen by −1.61% over the last week, its month performance shows a −5.07% decrease, and as for the last year, RUNE has decreased by −77.63%. See more dynamics on RUNE price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
RUNE (RUNE) reached its highest price on May 18, 2021 — it amounted to 22.14130568 USD. Find more insights on the RUNE price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
RUNE (RUNE) reached the lowest price of 0.00771059 USD on Sep 27, 2019. View more RUNE dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of RUNE (RUNE) is 425.65 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
The safest choice when buying RUNE is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade RUNE right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for RUNE (RUNE): today its technical analysis shows the buy signal, and according to the 1 week rating RUNE shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in RUNE trading ideas and keep track of what's moving crypto markets with our crypto news feed.
RUNE (RUNE) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, RUNE is estimated as 5.05% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about RUNE, you can find more inspiration in our curated watchlists.
You can discuss RUNE (RUNE) with other users in our public chats, Minds or in the comments to Ideas.