#RUNE/USDT#RUNE The price is moving in a descending channel pattern on a 1-day frame We are about to break the channel upwards and also break the moving average 100 We have buying momentum on the MACD indicator Entry price is 4.65 The first goal is 4.88 Second goal 5.51 Third goal 6.14 Longby CryptoAnalystSignalUpdated 4
LONG #RUNEUSDT UptrendLONG #RUNEUSDT from $5.509 stop loss $5.478 2h TF. The instrument has formed an ascending structure in the form of a bullish triangle, pushing the lows along the trend line to the resistance levels. The levels have been tested several times, which indicates the interest of participants in them and the accumulation of unrealized liquidity. With this long formation, I expect to see a traded movement near the levels and an increase in activity in the glass before the impulse breakdown. Longby CScalp_ENUpdated 226
RUNE - Thor chain going out of retracement!It seems that RUNE start to gain a good bullish momentum. We have stated few months agoo some good targets on this coin, but i want revisit them as follow above 5$ and 7.35$ the first possible potential targets are 12$ and 18$ if the leg projection will be sustained by good volumes in up trend! Good trading!Longby EdoardoTelveUpdated 9
RUNE will continue to rise according to the smiley face structurAnalysis of this coin by fan request. 🧠After making a correction at the daily level, we formed a smiling bullish structure in the buy zone at the daily level, and used this structure as a supporting force to start rising. The ideal goal is to break through the short defense point, because if we successfully break through here , then we can break through the previous high and go higher. If the breakthrough is successful, you can reduce your holdings in batches, and then let the remaining positions be used in anticipation of more, in a risk-free state.☕️🙏🎯 ➡️If you buy with an hourly cup-and-handle long structure, you will need to reduce your holdings if you reach the conservative TP zone, and SL can be placed at the bull defense point 2.✔️ ⚠️The current FOMO sentiment will be relatively heavy, so don’t forget about risk management.💯✔️ 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯Longby wolf_king8881
RUNE - Long hereRUNE is in buy range as per EcomillionaireTrend. Also in previous support range has been broken up and towards 50$ IMO. Trust the trend.by ChandruKumarR1
RUNE Short Setupsee chart. simple rejection at resistance after quick pump. breakout of structure - short to retest of trend line S/R. simple invalidationShortby P34Pier112
RUNE/USDT Keep an eye on the key area. Descending channel!!💎RUNE has recently displayed noteworthy market dynamics, forming a descending channel pattern. 💎 Last week, it encountered resistance within this pattern and faced rejection. Currently, it's retracing back to the demand area in an attempt to gather new momentum and potentially break out of the pattern. 💎 However, if RUNE fails to find support upon reaching the demand area, the price could continue its downward trajectory towards the Bullish OB area. Conversely, a bounce from the Bullish OB area could lead to a significant upward movement, potentially resulting in a breakout of the pattern and a return to a bullish trend. 💎 Yet, if RUNE struggles to bounce even at the Bullish OB area or breaks down from it, this could signify a bearish momentum, indicating further downside potential for the price.by MyCryptoParadise_Nathan1110
10xFor technical analysis, price action is consolidating with large demand below current price. The market is in an uptrend, and we are in a bull market. The market is not overheated, in fact it is relatively cool. Thus Rune is likely to appreciate along with the market. I will now share my thoughts on why I believe RUNE has potential to 10x. Rune has a deterministic price, which is 3x its TVL. 2 dollars of RUNE are bonded for every 1 dollar of non rune liquidity. If this ratio falls, nodes can buy RUNE to earn a larger share of trading rewards. Therefore, RUNE price is tied to how much money is in the system, plus supply and demand. Currently deterministic price is around 1.3 USD, with actual price around 4. Therefore the speculative multiplier is around 3. The lowest the multiplier has reached was around 2. A multiplier of 3 is bullish still, especially in a bull market. Assuming Bitcoin can reach 150k, and most assets in the pool experience a 3-4x, RUNE will also 3-4x. However, that is assuming the amount of pooled assets stays constant. I believe the number of staked assets on RUNE will increase if people and protocols choose to use the system for cheap swaps between different assets, without bridge risk. Therefore, if there are twice the amount of pooled assets, the price of RUNE will double on top of that. Finally, the speculative multiplier can be expected to reach above 3 for the entirety of the bull market. Therefore, that is my thesis. It is simple. If THORSWAP succeeds, the price of RUNE will go up. Worst case: ~ 15 USD Base Case: ~ 62 USD Best Case: ~ 90 USD How I am trading this. My personal opinion and not financial advice. Investor: Buy spot and hold Trader: Long using ~2x leverage, with the amount of money you are willing to lose on this trade. Invalidation if consolidation is bearish. Position can be reentered later. If price develops bullishly and the bottom is proven to be formed, increase leverage until invalidation is below the last absolute bottom. Do not add on the way up without moving up invalidation, as 40-60% drops are not uncommon historically. Take profit based on time cycles & longer term trend following / price action. This analysis assumes Bitcoin will go up. In my opinion, Bitcoin going up in price is the most realistic outcome.Longby r900000
RUNE / USDT [ThorChain Conviction]💵 High Conviction SPOT Trade. CRYPTOCAP:RUNE Pullback is here. Dip Opportunity. 🔹First Buying Zone is $3.5-$3 🔹Second Buying Zone is $2.5 🚀 I'll sell my bag at $12 and enjoy good profit wit my seed money in pocket. ❕DYORLongby CryptoMetery0
Rune Reversal PathsWe are inside a descending channel (bull flag), and I don´t see a trade at current prices. I am watching 2 possible reversal paths: - Orange: Break of flag and retest of upper trendline. - Blue: Testing lows with divergence, with a bullish reaction and break of trendline.Longby Stoic-Trader221
RUNEUSDT UPDATE The RUNE/USDT trading pair represents the exchange between THORChain (RUNE) and the US Dollar (USDT). Currently, there seems to be a potential buying opportunity based on technical analysis and possibly other factors. 2. Technical Analysis: General Trend: Identify short, medium, and long-term trends. Use indicators such as moving averages, Relative Strength Index (RSI), and Bollinger Bands to assess the overall market direction. Potential Buying Zones: Identify key support levels where the price has historically bounced. Use tools like Fibonacci retracements to determine potential buying zones. Technical Indicators: Examine indicators such as Moving Average Convergence Divergence (MACD) for detecting trend reversal or continuation signals. 3. Fundamental Analysis: News and Events: Examine recent news and events related to THORChain that could influence the price. Announcements of partnerships, development updates, and industry events can have a significant impact. Project Fundamentals: Evaluate the fundamentals of the THORChain project, including its value proposition, development team, adoption, and long-term prospects. 4. Risk Management: Stop Loss and Take Profit: Set stop-loss levels to limit losses in case of unfavorable movements. Also, identify take-profit levels based on resistances or predefined targets. Risk/Reward Ratio: Ensure that the risk/reward ratio is favorable before entering a position. This means that the potential for gain should outweigh the risk involved. 5. Conclusion: In conclusion, based on technical and fundamental analysis, there appears to be an interesting buying opportunity on the RUNE/USDT pair. However, it is imperative to closely monitor market movements, implement appropriate risk management, and adjust the strategy based on market developments.Longby CRYPTO_SETUP112
RUNE/USDT Analysis1. Overview: The RUNE/USDT trading pair represents the exchange between THORChain (RUNE) and the US Dollar (USDT). Currently, there seems to be a potential buying opportunity based on technical analysis and possibly other factors. 2. Technical Analysis: General Trend: Identify short, medium, and long-term trends. Use indicators such as moving averages, Relative Strength Index (RSI), and Bollinger Bands to assess the overall market direction. Potential Buying Zones: Identify key support levels where the price has historically bounced. Use tools like Fibonacci retracements to determine potential buying zones. Technical Indicators: Examine indicators such as Moving Average Convergence Divergence (MACD) for detecting trend reversal or continuation signals. 3. Fundamental Analysis: News and Events: Examine recent news and events related to THORChain that could influence the price. Announcements of partnerships, development updates, and industry events can have a significant impact. Project Fundamentals: Evaluate the fundamentals of the THORChain project, including its value proposition, development team, adoption, and long-term prospects. 4. Risk Management: Stop Loss and Take Profit: Set stop-loss levels to limit losses in case of unfavorable movements. Also, identify take-profit levels based on resistances or predefined targets. Risk/Reward Ratio: Ensure that the risk/reward ratio is favorable before entering a position. This means that the potential for gain should outweigh the risk involved. 5. Conclusion: In conclusion, based on technical and fundamental analysis, there appears to be an interesting buying opportunity on the RUNE/USDT pair. However, it is imperative to closely monitor market movements, implement appropriate risk management, and adjust the strategy based on market developments.Longby CRYPTO_SETUP335
Could be IV#RUNE This could be something. Even tho the last leg of that suggested diag doesnt play ball. #Elliottwave Suggest at least an incoming wave (c) suggested in red. Wave V? Are you up there?Longby PK_SEND_IT5
RUNE Support zone...#RUNE This could be something. Even tho the last leg of that suggested diag doesnt play ball. #Elliottwave Suggest at least an incoming wave (c) suggested in red. Wave V? Are you up there?Longby PK_SEND_IT224
RUNE ANALYSIS🔮 #RUNE Analysis 🚀🚀 💲💲 #RUNE was trading in a Descending Channel Pattern, give a perfect breakout. If this breakout sustains then we will see a bullish move. 📈📈 💸Current Price -- $4.710 📈Target Price -- $6.086 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #RUNE #Cryptocurrency #Breakout #DYORLongby ZEUS_Market_Alerts2
RUNE is going bullish if this scenario happenedfirst thing we need to see move up and break the ressistance of 4.82 $ and we see the first higher high if that happened then apt is goin bollish, first target will be 6.61$ this is my analyse it's not a recomandation to buy or sell !!Longby smocks3
Most beautiful chart (RUNE/USD)Most beautiful chart, 51 days correction, HSH bottom. Longby bitmastervn1
RUNE Bullish scenarioRune has been moving in a descending channel for 60 days now. It looks like it's leading the market together with INJ. Price appears to have printed a reversal pattern within the flag. Watching as price approaches the top of the flag and also watching what BTC does. If Rune can break to the upside here, projected target is approx 9.5 based on measure move and fib extension 1.618. Longby jod45m110
RUNE"Bullish Momentum Alert: Buy for Maximum Gains!"**Short Fundamental Analysis of RUNE** THORChain (RUNE) is a decentralized liquidity protocol that allows users to seamlessly exchange cryptocurrencies between various blockchains without intermediaries. It utilizes a novel mechanism called "Cross-Chain Atomic Swaps" to facilitate these cross-chain transactions, enabling users to retain full custody of their assets throughout the process. RUNE, the native token of the THORChain network, serves several crucial functions: 1. **Staking and Governance:** RUNE holders can stake their tokens to secure the network and participate in governance decisions, influencing the protocol's development and future direction. 2. **Fees and Liquidity:** RUNE is used to pay transaction fees and incentivize liquidity providers to contribute their assets to the network's liquidity pools. 3. **Network Security:** The value of RUNE is derived from its role in securing the network and maintaining its integrity. As more assets are staked and more users adopt the protocol, the demand for RUNE increases, potentially driving up its price. **Recent News** * **THORChain Mainnet Beta Version 5 Launch:** THORChain successfully launched its Mainnet Beta Version 5 in August 2023, marking a significant milestone in the project's development. The beta version introduced several improvements, including enhanced security, performance optimizations, and support for additional blockchains. * **Integration with Ledger Hardware Wallet:** THORChain integrated with Ledger hardware wallets, enabling users to safely store and manage their RUNE tokens securely. This integration enhances the security of the RUNE ecosystem and attracts more users to the platform. * **THORChain Bridge Extension:** THORChain launched a web extension for Chrome and Firefox browsers, simplifying the process of bridging assets between supported blockchains. This extension provides a user-friendly interface for seamless asset transfers across the THORChain network. **Disclaimer** Investing in cryptocurrencies is inherently risky, and there is no guarantee of profitability. The price of RUNE, like other cryptocurrencies, is volatile and subject to market fluctuations. Past performance is not a guarantee of future results. Do your own research and understand the risks before investing in any cryptocurrency. **Additional Considerations** * **THORChain is still under development, and there is a risk of bugs or security vulnerabilities.** * **The project's success depends on the adoption of its cross-chain swapping technology by the wider cryptocurrency community.** * **RUNE is a relatively new cryptocurrency with a limited track record.** **Conclusion** THORChain has the potential to revolutionize the way cryptocurrencies are traded and exchanged across blockchains. Its unique cross-chain atomic swap mechanism addresses the limitations of traditional bridges and decentralized exchanges. However, the project is still in its early stages of development, and its long-term success hinges on its ability to attract users, integrate with popular blockchains, and overcome potential security challenges. Investors should carefully evaluate the risks and potential rewards before deciding to invest in RUNE.Longby MoonTradingForecast226
RUNE heads up at $4.62: next landmark for gauging trendAll levels are from a single fib series explained below $4.62 is at a "semi-major" ratio (Goldens are majors). Many exact reactions to these fibs confirm relevance. Beak of this fib would signal end of correction. Rejection here could lead to new local lows. So what happens here will be very telling. Here is a full view of RUNE's Genesis Sequence: See "Related Ideas" below about my methodology. ==============================================by EuroMotif4
RUNE/USDT Downward go to key level or break out the pattern ??💎 RUNE has recently experienced significant developments in the market. There is a possibility that RUNE may continue its downward trajectory and test the Bullish OB area around 3.28, with the potential for a significant bounce after reaching this area. 💎 However, if RUNE manages to break out of the descending channel pattern without hitting the Bullish OB, it could lead to an upward movement, and there is a chance it will probability attempt to break through the Bearish OB area towards our target. 💎 On the other hand, if RUNE fails to show a positive response while at the Bullish OB area and instead consolidates with weak volume, this could be a concerning sign. It may indicate a breakdown of the area, potentially leading to a continued downward movement towards the support area. 💎 The support area is critical, and a bounce from this level is necessary to maintain the potential for an upward movement. If this bounce doesn't occur, the price could continue its bearish trend and move lower.by MyCryptoParadise7