THORChain narxRUNE

RUNE Price Reversal Breaks Pullback Trendline, Eyes 50% Hike With a lower high formation trend, the RUNE price is challenging the dynamic resistance of the 50D EMA. Further, the increasing momentum in Thorchain as it sustains above the 200D EMA signals an intense bull run coming in for the altcoin.  As the uptrend is gaining momentum, the breakout run in Thorchain eyes crossing the overhead Fibonacci level for a sharp rise. So, Will Thorchain reach $100 in 2024 in the upcoming altcoin season? To answer such queries, read our RUNE price prediction now. Source- TradingView Taking support from the 200D EMA, the RUNE price breaks above the pullback phase and challenges the 50D EMA. Further, the lower high formation leads to a support trendline in motion, that confirms an ascending triangle with the neckline at $5. The bullish reversal from the 200D EMA presents an inverted head and shoulder with a .

Crypto Market Update: Navigating the Storm The crypto market is experiencing a downturn, with regulatory worries, sentiment shifts, and global economic jitters contributing to the decline. Let's break down the key factors and notable coins: Key Factors Contributing to the Downturn 1. Regulatory Worries: SEC actions and potential new rules are causing market uncertainty. 2. Sentiment Shift: Investors are becoming cautious, shifting from "HODL forever" to "Maybe I should secure some profits?" 3. Global Economic Jitters: Inflation, rising interest rates, and geopolitical tensions are adding to market anxiety. Notable Coins and Their Stories 1. $WIF (Wolf of Crypto): -15.18% in 24h 2. $FLOKI (The Viking Meme): -14.41% in 24h 3. $RUNE (Thor's Hammer): -13.64% in 24h 4. $PEPE (The Meme Frog): -13.14% in 24h 5. $LTC (Litecoin): -13.19% in 24h 6. $BONK (The Bark with Bite): -13.15% in 24h 7. $THETA (Streaming King): -12.93% in 24h 8. $FTM (DeFi's Bright Spot): -11.99% in 24h 9. $EOS (Blockchain Veteran): -11.87% in 24h 10. $DYDX (Trader's Edge): -11.54% in 24h Precautions to Take 1. Stay Informed: Markets move fast—knowledge is power. 2. Diversify: Spread your investments to minimize risks. 3. Risk Management: Only invest what you can afford to lose. Set stop-losses to avoid surprises. 4. Think Long-Term: Short-term dips don’t mean long-term doom. Keep your cool and stick to your plan. Final Thoughts Every dip is a setup for a bounce! Stay calm, stay sharp, and maybe grab those discounted coins you've been eyeing. What's your strategy today?

🚨 Crypto Market Update! 🚨 Today’s market feels like a wild rollercoaster ride—except it’s going in reverse! 🚂 Let’s break it down and navigate through the storm together. 🔍 Why the Market is Dumping: 1. ⚖️ Regulatory Worries: The SEC’s latest actions are making the market jittery. Potential new rules have investors walking on eggshells. 2. 📉 Sentiment Shift: It seems like the vibe has moved from “HODL forever” to “Maybe I should secure some profits?” Upcoming Fed decisions are adding fuel to the uncertainty fire. 3. 🌍 Global Economic Jitters: Inflation is the bad sequel we didn’t ask for. Coupled with rising interest rates and geopolitical tensions, the market’s feeling the heat. 🚀 Notable Coins and Their Stories: 🐺 $WIF (Wolf of Crypto): Market Cap: $2.30B Price: $2.297 24h Change: -15.18% 🔎 Info: #WIF is fighting to stay top dog in the meme coin pack. Despite today’s dip, the community remains howling loyal, waiting for its next rally. 🐕 $FLOKI (The Viking Meme): Market Cap: $1.83B Price: $0.0001901 24h Change: -14.41% 🔎 Info: #FLOKI’s “to Valhalla or bust” journey continues. With creative marketing and a solid fanbase, it’s still a key player in the meme coin wars. 🌟 $RUNE (Thor’s Hammer): Market Cap: $2.00B Price: $5.799 24h Change: -13.64% 🔎 Info: Known for bridging blockchains, #RUNE is feeling the storm. But its DeFi utility might anchor it when calm returns. 🐸 $PEPE (The Meme Frog): Market Cap: $8.08B Price: $0.00001923 24h Change: -13.14% 🔎 Info: The unexpected hero of meme coins, #PEPE is just catching its breath before another leap. Its community is always ready to jump back in. 💰 $LTC (Litecoin): Market Cap: $8.19B Price: $108.67 24h Change: -13.19% 🔎 Info: The OG altcoin is feeling the pinch but remains a go-to for faster, cheaper transactions. 🐶 $BONK (The Bark with Bite): Market Cap: $2.35B Price: $0.00003096 24h Change: -13.15% 🔎 Info: #BONK is barking in the meme coin race, but today’s dip has it catching its breath. 🌐 $THETA (Streaming King): Market Cap: $2.33B Price: $2.323 24h Change: -12.93% 🔎 Info: #THETA’s decentralized video tech is groundbreaking, but the current market is a tough crowd. 🌈 $FTM (DeFi’s Bright Spot): Market Cap: $3.23B Price: $1.150 24h Change: -11.99% 🔎 Info: #FTM’s scalability makes it a DeFi favorite, even if today’s colors are muted. 🌍 $EOS (Blockchain Veteran): Market Cap: $1.38B Price: $0.9001 24h Change: -11.87% 🔎 Info: #EOS remains a pillar for dApps despite today’s rough ride. 📉 $DYDX (Trader’s Edge): Market Cap: $1.21B Price: $1.702 24h Change: -11.54% 🔎 Info: #DYDX is pushing decentralized trading forward. Even in a slump, its innovations stand out. 💡 Precautions to Take: 1. 📖 Stay Informed: Markets move fast—knowledge is power. 2. 📊 Diversify: Spread your investments to minimize risks. 3. 🔴 Risk Management: Only invest what you can afford to lose. Set stop-losses to avoid surprises. 4. ⏳ Think Long-Term: Short-term dips don’t mean long-term doom. Keep your cool and stick to your plan. ✨ Final Thoughts: Yes, it’s a red day, but remember, every dip is a setup for a bounce! Stay calm, stay sharp, and maybe grab those discounted coins you’ve been eyeing. 📢 What’s your strategy today? HODLing, buying the dip, or just watching from the sidelines?

$RUNE - update: Prices almost touched TP2 last night  Bad rejection H4 on the 6.700$ zone!  As mentionned, prices are pretty neutral on the daily & stuck between the 6.600 - 6?250$ zone. [Ichimoky zone: T / k]  I think that's safer to cut it around BE. The next big move could happen on both sides.

$RUNE /USDT (Futures) Trade Details Type: Long Mode: Isolated Leverage: 2X to 3X (Recommended) Buy Zone Entry Range: $6.40 – $6.20 Targets 🎯 1. $6.50 2. $6.58 3. $6.65 4. $6.80 5. $7.00 Stop Loss 🛑 $5.90 (Strictly recommended) Disclaimer This analysis is for educational purposes only and reflects personal insights. Trade at your own risk. Consult a financial advisor for professional guidance.