MARKET UPDATE: RUNE/USDT Drops 1.82%
RUNE, a DeFi token, has declined 1.82% in the last 24 hours to $4.688.
Key Metrics:
- 24h High: $4.801
- 24h Low: $4.218
- MA(7): $4.519
- MA(25): $5.097
- MA(99): $5.319
- 24h Vol: 24.36M RUNE, 109.28M USDT
Technical Analysis:
RUNE's price breaks below $4.519 support, indicating bearish momentum.
Market Sentiment:
Kujira and partners' Rujira Alliance formation boosts long-term prospects, but short-term market sentiment weighs on RUNE.
Support Levels: $4.218, $4.119
Resistance Levels: $4.801, $5.559
Notable Developments:
- RUNE's DeFi solution enhances liquidity
- Rujira Alliance formation
- Ongoing market fluctuations
Monitor RUNE's price movement and market sentiment.
#RUNE #PensionCryptoShift #NovemberMarketAnalysis #TetherAEDLaunch
Additional Insights:
- Moderate trading volume indicates stable market interest
- MA(7) and MA(25) crossover confirms bearish trend
- RUNE's potential for further downside
Stay updated on RUNE's performance.
_Trading Recommendations:_
- Sell: $4.688-$4.519
- Target: $4.218-$4.119
- Stop-loss: $4.801
_Disclaimer:_ This is not investment advice. Trade responsibly.
_RUNE's Chart Patterns:_
- Downtrend below $4.519
- RSI (14) at 43.61, indicating neutral momentum
- MACD (12, 26) crossover suggests bearish signal
Adjust your trading strategy according to RUNE's price action.
