A New Map; A New Market; Sustained Growth & More🧐
$RUNE
Sometimes reading a chart is just easy. THORChain here, #RUNEUSDT . Notice the volume on the previous bull-market. Notice the flat period between 2021 and late 2024. The significant increase in trading volume indicates we are now entering a new bull-market phase. A long-term higher low, August 2024 vs June 2023; indicates a long-term higher high. 2025 vs 2021.
RUNEUSDT can reach $34 or beyond $40 late this year. You can do the maths for the potential such a price would entail. Just divide the projected ATH target vs the current price. That's more than 600% if $34. Might go much higher.
If you notice the initial bullish wave in late 2024, it is less steep than in the past. We also know that 2021 was an anomaly due to Covid and extreme monetary expansion. See how steep the rise was back then. This time, there is more support. The rise is healthier, the rise has been steady. This gives strength to the pair (market). This means that the bull-market can definitely be something different to what we experienced in 2021. We cannot compared to 2017 because the conditions were so much different. Cryptocurrency is young. It is very possible that we will have a new map and many projects would produce their own cycles. They will detach from the exchange generated bot trading charts. With real humans buying and selling, we are bound to see new charts and varied dynamics across the market. Instead of everything being the same; everything will be great.
Namaste.
Sometimes reading a chart is just easy. THORChain here, #RUNEUSDT . Notice the volume on the previous bull-market. Notice the flat period between 2021 and late 2024. The significant increase in trading volume indicates we are now entering a new bull-market phase. A long-term higher low, August 2024 vs June 2023; indicates a long-term higher high. 2025 vs 2021.
RUNEUSDT can reach $34 or beyond $40 late this year. You can do the maths for the potential such a price would entail. Just divide the projected ATH target vs the current price. That's more than 600% if $34. Might go much higher.
If you notice the initial bullish wave in late 2024, it is less steep than in the past. We also know that 2021 was an anomaly due to Covid and extreme monetary expansion. See how steep the rise was back then. This time, there is more support. The rise is healthier, the rise has been steady. This gives strength to the pair (market). This means that the bull-market can definitely be something different to what we experienced in 2021. We cannot compared to 2017 because the conditions were so much different. Cryptocurrency is young. It is very possible that we will have a new map and many projects would produce their own cycles. They will detach from the exchange generated bot trading charts. With real humans buying and selling, we are bound to see new charts and varied dynamics across the market. Instead of everything being the same; everything will be great.
Namaste.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
RUNE
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