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RUNEUSDT

RUNEUSDT.1DBased on the provided market data, the currency RUNE is currently trading at a price of 5.823 USDT. From a technical standpoint, the 4-hour Relative Strength Index (RSI) is at 77.35, which is typically considered overbought. This could indicate that the market may be due for a correction or pullback. The Moving Average Convergence Divergence (MACD) for the same period is 0.302, suggesting a bullish trend. On a daily scale, the RSI is at a very high 90.94, which is significantly overbought and could indicate a potential market correction in the near term. The MACD for the daily timeframe is 0.766, which is bullish. Looking at the Bollinger Bands (Bb), the currency is trading slightly below the upper band in both the 4-hour and daily timeframes, indicating that it is trading near a high range, which could suggest a potential pullback. In terms of support and resistance levels, the immediate resistance on the 4-hour chart is at 5.849, followed by 6.432 and 6.351. The supports are at 5.153, 4.563, and 4.102. On a daily basis, the resistance levels are at 8.962, 11.900, and 13.700, while the supports are at 3.446, 2.137, and 1.357. In conclusion, while the currency is in a bullish trend as indicated by the MACD, the high RSI suggests that it is overbought and may be due for a correction. Traders should proceed with caution and consider setting stop losses to protect against potential downturns. This is just an analysis and not a trading advice. Please do your own research before making any investment decisions.
by MarsSignals
RUNE SCALP SHORT, STILL BULISH FOR LONGin the analysis below I have shown two scenarios that I see (the link will be in the description) rejection from 2.2 or continuation of filling all levels up to 3.35. Since the second scenario happened, I expect a slight cooling to at least 2.7, and if it is risky to short the upward trend, Daily divergence on RSI is displayed and at 4H it is already taking place. I remain bullish on this coin, but I will certainly try to hedge position
Short
by learnfromfailure
RUNE - the power of thor (god of market making)RUNE - the power of thor (god of market making) yeh so RUNE was an absolute beast last run. like FTM. and SOL and a few others. these beasts did 100x+ naturally i am playing their return pumps. RUNE also, uniquely, has an interesting real world appeal. a defi system that is able to run independently of central regulation choke points. this is going to be a big deal as regulators and big bankers come into take control of this market. and they will. this token embodies some of the original cyber punk ideals that actually bought some of us in. i understand now its all about the pump but back then most of us loved the idea of crypto smashing the shackles of the everyday person allowing us to p2p money with strong fundamentals by way of solid algo and decentralization. anyway i do like RUNE . lfg degens
Long
by Crypto-Quantum-Fox
4
RUNE about to pump like GAS and CYBERRUNE UPDATE: RUNE created rounding bottom so far and currently facing supply zone…. In short, I’m expecting a healthy pullback to 2.27 and I will long and buy in spot from there but market is so bullish now and nothing is ready to do any correction as they are all holding onto there support…. Anyways, if RUNE did decided to do a little correction or not… What I know is that once RUNE breakout from 3.438 on daily TF and flip it to support…. Nothing can stop it not to see $7 So, keep in watch for a good run up Follow for more market update Can chat me up for trading setup
by MICHELXM
$RUNE will drop in MayBINANCE:RUNEUSDT Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Touched 10$ ➡️Next target 0.5 lvl fib. 12$ ➡️After next FRS meeting price can drop to test downtrend line fib on 1D timeframe in MAY 2022 Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
by Crypto4light
4