$RUNEUSDT Quick Analysis @ $0.4939
THORChain (
$RUNE ) is striking the hammer with a +12.10% push, finally clearing the critical $0.48 resistance. The move comes as the protocol handles a massive volume spike—over $350M in 24h—driven by major cross-chain swaps and the highly anticipated mainnet integration of Monero (XMR) and Zcash (ZEC) scheduled for this month.
Narrative Check: RUNE is evolving into the ultimate "Privacy x Liquidity" hub. By enabling native, non-custodial swaps for privacy assets without wrapped tokens, THORChain is capturing a unique market segment. However, the protocol's recent role in absorbing large-scale exploit outflows (notably the $80M Kelp DAO incident) has put it under the regulatory microscope. Traders are currently balancing the high-utility/deflationary burn narrative against potential compliance headwinds.
TA Snapshot
Immediate Resistance: Smashed the $0.45 pivot; now eyes the psychological $0.50 – $0.55 zone.
Support Base: Vital support flipped at $0.43. A 4H close below $0.41 would invalidate the current "V-shaped" recovery.
Momentum: MACD shows a fresh bullish crossover on the daily. RSI is at 64—strong, but with enough "fuel" left before hitting the overbought danger zone (>70).
Liquidity is consolidating fast. Watch for a sustain above $0.49 to confirm a run toward $0.60, or a scalp on a "flush" back to the $0.44 liquidity cluster.
DYOR | NFA
#Rune #THORChain #RUNE/USDT #RUNEUSDT #TrendingTopic $RUNE @EliteDailySignals 📹 We Live-stream a Bitcoin Footprint Chart every US (NY) session, it runs from ⏰️ 9h30 am EST/ (14h30 GMT) Set an Alarm, be disciplined! 🇺🇲🇬🇧🇩🇪
Move with the market - move with us!