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Rune

RUNE 12h Project Overview and Long-Term Purchase LevelsTHORChain (RUNE) is a decentralized liquidity protocol or, more simply, Defi exchange. Quite a young project since 2019, but the launch of the main network took place in early 2021. The cost of the RUNE token should be based on the price of $0.90-1 , exactly this price was before the launch of the main network. And then the RUNEUSDT trading pair grew rapidly to $21 The May correction in the crypto market also affected the value of RUNE, falling by 80% . A lot, but all cryptocurrencies have gone through this. Another question is that not all crypto projects survived after this. The picture on the RUNEUSDT chart looks pretty positive. During the entire fall, increased volumes were observed, there are investors who are ready to buy at a lower price. Given these facts, it is hard to believe that the RUNEUSD price will drop below $4 in the near future, we more believe in a rebound to $8.5 The planned for Q3 2021 mainnet update (DEX cross-chain / ASGARDEX wallet) also adds a positive impact. However, it is worth keeping in mind an alternative scenario , if the entire crypto market goes significantly lower, then the RUNEUSD price will not hold either. Below $4 per RUNE will open the way for a fall to $1.60. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
31
🆓THORChain (RUNE) June-24 #RUNE $RUNERUNE is having a strong recovery and is heading towards the $9 and $12 zones. 📈BUY 🔴Buy : 5.85-6.15$ if A 🔴Buy : 4.85-5.15$. SL if B 📉SELL 🔴Sell : 8.8-9.2$. SL if B 🔴Sell : 11.7-12.3$. SL if B ♻️BACK-UP 🔵Sell : 4.85-5.15$ if B. SL if A 🔵Buy : 3.4-3.6$ if A. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
2
RUNE/USDT (1D - Binance) Waiting for good entry point. Hi Traders, Just quick idea, RUNE sounds like nice project (Fundamentally). But we can be still far from fair entry price. Depends what will be next move of Bitcoin. (My expectation is 1 more wave down to 25-20K; later 17K possibly). So Rune could drop to 2 or 1 USD. (My ideal buy zone). We need more data for much propper EW count. now the waves are overlapping. !! So there are few options to consider. Let me know whats your opinion with chart ;) Trade safe, have fun.
by Longevity_Contrarian
DeFi tokens comparison vs their own Index In this chart we have a birds-eye-view of most DeFi perpetual swaps against the DEFIPERP index (an index with around 25 defi tokens) RUNE and SOL immediately come to attention as the biggest overextended pushers. CREAM, KNC, COMP biggest laggards against the index. This is also subjectively bullish since coins that underperform generally tend to have liquidity rotation into them at some point. CREAM for example is one of those that seem to gather some hype on social media. Worth to keep an eye.
FTX:DEFIPERP
by D7R