Crypto Signals | ChartMonkey
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📊NEUTRAL: $RUNE by Bithereum_io (1D)
#RUNEUSDT | #RUNE | #THORChain
Current Price $4.18
Market Cap $1.40B
Change 1h -0.37% | 24h -1.87%

Daily Indicators:

• RSI: 29 - Oversold 🔴
• MACD: -0 - Bearish 🔴
• EMA: 5.21 - Below 🔴

Analysis:
RUNE is forming a falling wedge pattern on the daily chart and currently holds above the support zone. With the RSI in oversold territory, it suggests a potential for a breakout. If it continues to respect the wedge, a breakout to the upside is expected.

Price Targets:
Based on the current technical setup, the price targets are set at $5.400, $6.695, $7.605, $8.515, $9.640, and $11.460. Keep an eye on these levels for potential resistance. Happy trading!

THORChain's community: @thorchain_org
📈LONG: $RUNE by TraderAAG (1H)
#RUNEUSDT | #RUNE | #THORChain
Current Price $4.17
Market Cap $1.40B
Change 1h -0.05% | 24h +6.18%

Hourly Indicators:

• RSI: 56 - Neutral 🟠
• MACD: 0.02 - Bullish 🟢
• EMA: 4.11 - Above 🟢

Analysis:
#RUNE/USDT has successfully broken through the diagonal trendline in the 1-hour timeframe. This breakout indicates a potential gain for a long position. The chart looks promising with a bounce potential from the current level.

Price Targets:
Watch for a resistance around $4.5 (PML) and support at $3.9. If momentum holds, we could see further price movements towards $4.7 and even $4.9. Happy trading!

THORChain's community: @thorchain_org