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RUNEUSD

Eyes on $4.50 BreakoutRUNE is currently trading at $4.12, showing bullish momentum on both the 1-hour and 4-hour charts. Recent developments in the DeFi space and strategic partnerships, like with Kujira, are enhancing liquidity and platform growth, which could drive further price action. Indicator Breakdown: Volume (4H): 1.555M - Significant increase, indicating heightened interest and activity in RUNE. Parabolic SAR: $3.80 on the 4H, signaling strong bullish support just below the current price. SMA (4H): $3.96 - Price is above the SMA, reinforcing the bullish trend. Bollinger Bands: 1H Upper: $4.16 – Price is testing the upper band, signaling overbought conditions in the short term. 4H Upper: $4.16 – Consistency across timeframes suggests further upside potential if the upper limit is breached. Stochastic (4H) : %K at 83.67, %D at 64.88 – Shows momentum in the overbought zone, indicating a possible short-term pullback before continuing upwards. RSI (4H): 59.02 - Nearing overbought, but with room for growth, supporting the case for continued price increase. MACD (4H): Histogram: 0.003 - Positive momentum but mild; MACD line above signal line suggests growing bullish momentum. ADX (4H): 14.27 - Low trend strength, suggesting a cautious approach, but rising volume could trigger stronger directional moves. Short-Term Prediction: RUNE is on the verge of breaking $4.16, which, if sustained with rising volume, could see it pushing towards the $4.50 resistance level. Watch for a breakout here—this level has historically acted as a cap for short-term rallies. However, if RUNE faces rejection at $4.16, expect a pullback towards $4.00 or even $3.80, which are strong support levels. Call to Action: We could engage now! With RUNE approaching key resistance levels and trading at $4.12, this could be a pivotal time for traders and investors. Watch closely for a breakout at $4.16 or a potential retest of $4.00 for a better entry point.
by MonoCoinSignal
1
RUNE Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: RUNE is one of the oldest Layer 1 projects with solid utility. The price recently faced rejection at the 50 EMA resistance and is now leaning toward the $3 support level. This support is crucial for RUNE because a breakdown, followed by a weekly close below it, could push the price down to $1.2. For a bullish scenario, RUNE needs to rebound from the $3 support and break above the 50 EMA to test the resistance trendline around $7.4. The RSI is nearing the oversold zone, suggesting there is still some room for the price to drop further. Key Levels: - Crucial Support/Accumulation: $3. - Lower Support/Strong Buy: $1.2. - Primary Resistance: 50 EMA & $7.4. - Long-Term Target: $21.28. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
2
$RUNE: simple head and shoulder pattern: buy zone for longCRYPTOCAP:RUNE is an established DeFi protocol that works and is solid, based on its own blockchain, Thorchain. No token unlocks, all tokens are vested, making it relatively safe from rug pulls. However, like many other altcoins, it has been overheated and is undergoing a drastic cooldown. This pattern is a classic one, easy to identify, and therefore the target is below the neckline at $2 or less. It looks very low, but if you look at the Weekly MACD, you can see that it is not oversold and needs more downside to reset before a reversal. Even if it bounces because CRYPTOCAP:BTC has another pump, the chart pattern suggests not buying above this zone as it would go against the chart theory. Do what you want, but I have put my buy order in the green zone, which guarantees me a significant profit if it gets filled. If not, I will buy another coin. Always do your own research (DYOR). This is not financial advice; I am just articulating what the chart indicates. It is up to you to make any informed decision based on that.
Long
by CryptoNikkoid
3
RUNEUSD Bull Flag completed. Expect x10 rise at least!THORChain (RUNEUSD) is on its 1W MA50 (blue trend-line) for the 3rd straight week, after holding and rebounding on the 1W MA100 (green trend-line). In our view, this has completed the long-term Bull Flag (Channel Down) pattern that emerged after a +1428% rise from the June 2023 market bottom. If we take a look at the previous Bull Cycle, a +1400 rise has been a norm during that run, in fact the rally started after a +1467% rise, which got doubled on its on the subsequent two rallies to the market top. As a result, we expect at least another +1428% rise, thus putting our Target at a x10 state at $45.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:RUNEUSDLong
by TradingShot
4
RUNE looks bullish (1D)RUNE appears to be creating a large triangle whose sides we have labeled abcde on the chart. Now the candles are at a "Key Level" and only when the candles are at this level, the RUNE is actually bullish. In the coming weeks, it is expected to reach the $7 channel and then correct for wave e of this triangle. For this wave (wave d) the target is $7 When wave e is over, we can again look for buy/long positions. Closing a daily candle below the invalidation level will violate this analysis and view. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
RUNE UPDATE (1D)This analysis is an update of the analysis you see in the "Related Ideas" section. We have not yet reached the green range of the previous analysis. Now we have more data on the chart. Wave D of the previous analysis looks like an ABC, while Wave B is a triangle. A swap resistance range is also formed for us on the chart, if the price reaches this range, we expect the price to reject downwards. The green area is the best place to shop. If the price reaches the green range, we will look for buy/long positions. Closing a candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
Fade Long For Early Position in Next CyclePhone is one of those tickers that I’m watching for the next cycle here with crypto. Currently at interesting inflection point the challenges if it doesn’t stop here then there’s a big hole between the current price and down to the two dollar area or so. That would be my concern starting a position here. One thing to consider is a DCA starting here down to $1.80. Daily Chart Analysis Momentum Analysis : RUNE/USD has been in a downward momentum since April, with lower highs and lower lows. Key Indicators : Fast Momentum: Indicates short-term bearish momentum. Slow Momentum: Indicates longer-term bearish momentum. RexDog Average (RDA): Positioned above the current price, acting as resistance. Support and Resistance : Support: Around $4.00. Resistance: Near $5.00-$5.50, aligned with the RDA. Price Action : The price is consolidating at $4.00, suggesting potential stabilization before the next significant move. Four-Day Chart Analysis Momentum Analysis : Continued downward momentum with lower highs and lower lows. Key Indicators : Fast Momentum: Downward, indicating short-term bearish momentum. Slow Momentum: Downward, reinforcing the bearish momentum. RexDog Average (RDA): Positioned above the current price, providing significant resistance. Mixed 200 (Red and Green Line): Acts as a bias indicator and a reaction area. Support and Resistance : Support: Around $4.00. Resistance: Around $5.00-$5.50, aligned with the RDA and the mixed 200. Price Action : Consolidation at $4.00, suggesting potential stabilization. Combined Analysis and Trading Strategy Reaction Zones : On both the daily and four-day charts, expect reaction zones around $4.50, $5.00, and $5.50 as the price moves up. These areas are aligned with the RDA and mixed 200, significant resistance levels. Entry Zone for Long Trade : The mixed 200 can be considered as an entry zone for a long trade. However, this trade is a fade trade against the predominant bearish momentum. Fade Trade Context : Given that all indications of this chart are biased and momentum is short, this is a counter-momentum trade. Traders should be cautious and look for confirmation signals before entering a long position. Overall, while the setup suggests a bearish sentiment, traders should be vigilant for possible reversal signals, especially around the mixed 200, if considering a fade trade.
BINANCE:RUNEUSDLong
by RexDogActual
RUNR: in channel📊Analysis by AhmadArz: 1. Support and Resistance Levels:** - Support:** Around $6.100 and $5.995. - Resistance:** Approximately $8.397 and $8.717. 2. Trend Channels:** - The price is moving within an upward channel marked by blue lines. - There is a clear uptrend with higher highs and higher lows. 3. Trading Strategy:** - Buy Zone:** Enter buy positions around the support area of $6.100 by SL: $5.935. - Target Prices (TP):** - TP-1:** $6.731 - TP-2:** $7.298 - TP-3:** $8.284 4. Overall Trend:** The trend is currently bullish within the ascending channel. The price is expected to move towards the target prices if the support levels hold. In summary, consider entering buy trades in the support zone and aim for the target prices within the upward trend channel. 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Long
by ahmadarz
#RUNE/USDT#RUNE The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well, and it is expected to break to the upside The price rebounded well from the lower border of the channel at the green support level of 4.50 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 5.90 The first goal is 6.68 Second goal 8.32 Third goal 9.77
Long
by CryptoAnalystSignal
The RUNE will explodeLooks like RUNE is forming a big, time-consuming diametric to achieve ATH! From where we entered "START" on the chart, we seem to have entered a bullish diametric pattern. The green area is a low-risk area for buy/long positions. We specified the targets of wave E on the chart. If an alt party occurs, RUNE can follow this path for the medium and long term When we reach TP 1, put the stop on the entrance. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark