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RUNEUSDT

Rune: Rolling or Rune dIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Bullish Scenario: Price Holds Above $4.945: If the price holds above this interim high and continues to follow the Elliott Wave structure, it may head toward the next Fibonacci extension target of $6.50 and beyond. Bearish Scenario: Price Breaks Below $4.945: If the price drops below the $4.945 support level, it would indicate a deeper correction or possible invalidation of the current bullish count. Invalidation Below $4.565: If the price falls below $4.565, the current bullish wave count would be invalid. In conclusion: Bullish if price holds above $4.945, targeting $6.50 and higher. Bearish if price drops below $4.565, indicating further downside potential. Trade Safe. Trade Clarity.
Long
by CryptoKnee
RUNE: Poised for an Imminent SurgeI’m waiting for this setup as it still shows strength. CRYPTOCAP:RUNE There are two demand zones at the bottom, with a breaker and an S/R flip in play. I’m anticipating that everything will become clearer after the FOMC meeting, so adjust your entry risk accordingly. Be prepared for potential whipsaw action before the market settles in any direction. My initial target is towards the most recent highs, but if conditions improve, I’ll keep a substantial portion of the position running.
BINANCE:RUNEUSDLong
by ZelfTrade
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/USDT: LOOKS READY FOR A 100% PUMP!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! RUNE looks good here. Breaking out from the falling wedge pattern in a 12-hour time frame and currently retesting the wedge. Buy some here at this retest level and add more in the dip. Targets:- $4.96/$7.22/$8.88 SL:- $3.18 What are your thoughts on RUNE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
1
BEST Altcoins You can BUY NOWMany altcoins are close to bottoming, if not bottomed already. Here are some of my top buys right now in preparation for the next impulse wave UP: 1) POPCAT COINEX:POPCATUSDT Popcat is looking bullish with higher lows, holding the diagonal trendline well. I'd look at dollar-cost-averaging with two orders, one on the trendline as well incase the price doesn't drop as low. 2) SUI BYBIT:SUIUSDT Looking good after a strong V-shaped recover and making higher lows, which is a bullish sign. I'd say first major resistance is 90c - if we can close candles ABOVE and towards 96c, I'd say more increase is very likely. Just keep an eye on BTC. Wouldn't want to see a fake-out above 90c just to get another drop. So a conservative approach is closes above 96c zone. 3) LINK BINANCE:LINKUSDT Chainlink is an old-timer, and a safe bet for the next bullish impulse wave. 4) RUNE BINANCE:RUNEUSDT Another top-pick for 2024. I' be happy to buy anywhere between these two zones: 5) RNDR BINANCE:RENDERUSDT I'd like to hope we'll see a lower entry on Render, but if the price keeps closing above the upper white trendline it's unlikely we'll drop to the lower buy zones 6) DOGE BINANCE:DOGEUSDT An altcoin compilation wouldn't be an alt compilation without Doge! Happy to buy between these two zones: 7) FTM BINANCE:FTMUSDT My ideal buy zone would be the middle area, I doubt we'll see the lower zones soon 8) NEAR BINANCE:NEARUSDT I'd be happy to buy anywhere between these two zones: There are MANY more, but for the sake of time and space... let's get started with these! _____________________________________________
Long
by CryptoCheck-
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
RUNEUSDT.4HThe chart you've presented for RUNE/USDT on a 4-hour timeframe offers a clear perspective on the price dynamics of Thorchain (RUNE) against Tether (USDT). Here's my detailed analysis based on the information available on the chart: Current Situation Price Level: RUNE is currently trading at $3.865. Recent Price Action: The chart depicts a declining trendline from past highs, followed by a period of consolidation. Recently, there seems to be a slight upward movement. Support and Resistance Levels Resistance Levels (R1 and R2): R1: $4.528 R2: $3.106 Support Levels (S1 and S2): S1: $3.106 S2: $2.545 Technical Indicators The chart does not explicitly show the MACD or RSI indicators, but the price action near the support and resistance levels can be used to gauge potential movements. Analysis and Conclusion From my analysis, RUNE is currently testing the lower boundary of its recent price range. The level at $3.106, which acts both as a support and lower resistance level depending on the price’s position relative to it, is crucial. The current trading price near this pivot suggests that RUNE might either stabilize around this level or attempt a breakout. Trading Strategy Bullish Scenario: If RUNE breaks above the $3.106 resistance-turned-support with convincing volume and market sentiment, it could target the next resistance at $4.528. This movement would likely require broader market support or positive developments specific to Thorchain. Bearish Scenario: A breakdown below the support level of $3.106 could see RUNE testing further lows towards $2.545. A breach below this second support could intensify selling pressure, possibly leading to steeper declines. Final Thoughts It's crucial to monitor RUNE closely around these key levels. Setting stop losses just below support levels for long positions can help mitigate potential losses in the event of a downward break. Additionally, any trader should remain vigilant to changes in overall market sentiment and updates within the Thorchain ecosystem, as these can significantly influence price actions. Always align trading decisions with personal risk tolerance and market conditions.
Long
by MarsSignals
ALTS That are INCREASING as BTC Dips1) NOTUSDT BINANCE:NOTUSDT Great bounce from the support, RSI bottoms: strong in the 4h: 2) RUNEUSDT KUCOIN:RUNEUSDT From the 1h up to the daily, it seems as though RUNE is increasing after establishing a bottom of being oversold: 3) AVAXUSDT BINANCE:AVAXUSDT AVAX makes a turn around after bottoming out in the buyback zone: 4) BNBUSDT BINANCE:BNBUSDT BNB up 20 % in two days as buyers scoop up lower prices: 5) JUPUSDT BINANCE:JUPUSDT JUP increases 16% in one day: ________________________________
Long
by CryptoCheck-
$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
RUNE perfomance in last 9 months to 2024We have seen a sharp decline in altcoins recently. Including RUNE. Looking at the whole process, RUNE had a strong price increase and then fell again. What are the buying and selling points? With the S1-TM strategy, we had 68 closed orderss, with a net profit of ~240% (including commissions). This is quite good for autotrade. NOTE: This is my personal opinion on this strategy. This is not investment advice!!!. The market always has risks and opportunities. Please consider carefully before making any decision!
by steadforwardx
RUNEUSDT.1DBased on the provided chart of RUNE/USDT (Thorchain against US Dollar Tether), here is an in-depth technical analysis: Current Price Action: As observed, RUNE is currently trading at $4.718, following a recent upswing from lower levels. The price movement since May shows a bearish trend, culminating in a sharp decline, followed by a recovery phase that is currently underway. Key Levels on the Chart: Support (S1) at $3.818: This level acts as the primary support, where we observed some buying interest that propelled the price upwards. Resistance 1 (R1) at $5.676: This level previously acted as support during the downtrend and may now serve as resistance. Resistance 2 (R2) at $6.639: This is a higher resistance level, marking the peak before the recent significant decline. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD line (blue) is above the signal line (orange) , indicating bullish momentum. This suggests that there might be potential for the price to move upwards towards the resistance levels. RSI (Relative Strength Index): The RSI stands at 61.02, which is in the upper range of neutral. This positioning indicates increasing buying momentum, yet still shy of the overbought territory, which would signal potential pullbacks. Analysis and Strategy: The price structure and the recovery hint at bullish undertones in the short to medium term. Traders should monitor for a solid breakout above the immediate resistance at $5.676, which could open the path towards $6.639. The strategy here would involve setting buy orders on dips near the support level at $3.818, accompanied by stop-loss orders just below this support to minimize potential losses. The approach to the higher resistance levels should be cautious. Should RUNE approach $5.676 and show signs of stalling or reversing (e.g., bearish candlestick patterns or divergences on the RSI/MACD), it might be prudent to take profits or tighten stop-losses to protect against a downward correction. Conclusion: This chart presents a favorable setup for bullish trades, especially if the price maintains its momentum and clears the $5.676 resistance. However, the volatility of RUNE necessitates rigorous risk management, given its sharp price movements historically. Keeping abreast of broader market sentiment and news specific to Thorchain could provide additional clues to future price directions.
Long
by MarsSignals
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 ANALYSIS🔮 #RUNE Analysis - Breakout 🚀🚀 💲💲 In 12hr Timeframe,Falling Wedge Breakout is Done✅ But right now we can see that #RUNE is trading around its crucial resistance zone and if #RUNE breaks this resistance zone then we would see a bullish move 💯🚀 💸Current Price -- $4.826 📈Target Price   --  $21.270   ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #RUNE  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
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