Short
RUNE/USD Analysing
RUNE or Thorchain was one of fastest rising coin in last week
They puplished mainnet update and it's price made more than 2x just in one week. (from $0,4 to $0,86)
As it seen in the graph, RUNE made ATH and returned from the resistance and likely to fall after profit sales .
Also about 1.000.000 RUNE has been distributed to users who staked their RUNE and soon those coins will be unlocked and sells will start.
Beause daily trading volume is low and it'spossible that traders will sell RUNE and invest in other coins.
It's good to put short order between $0.8- $0,83
It's targets are $0,77, $0,70, $0,59 and $0,53
I expect #RUNE will fall to $0,53 by the end of August.
Good luck
They puplished mainnet update and it's price made more than 2x just in one week. (from $0,4 to $0,86)
As it seen in the graph, RUNE made ATH and returned from the resistance and likely to fall after profit sales .
Also about 1.000.000 RUNE has been distributed to users who staked their RUNE and soon those coins will be unlocked and sells will start.
Beause daily trading volume is low and it'spossible that traders will sell RUNE and invest in other coins.
It's good to put short order between $0.8- $0,83
It's targets are $0,77, $0,70, $0,59 and $0,53
I expect #RUNE will fall to $0,53 by the end of August.
Good luck
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.