Here is the weekly chart of Rune token: RUNE/USDT RUNE has been facing a strong downtrend for last few weeks (much more weakness than other crypto), and it looks like the lows are not in place yet for a sustainable reversal. We are not sure if the recent lows are a good support. It appears … Continue reading RUNE Token Analysis 03Feb2025 →

RUNE Token Analysis 03Feb2025

Here is the weekly chart of Rune token: RUNE/USDT

RUNE has been facing a strong downtrend for last few weeks (much more weakness than other crypto), and it looks like the lows are not in place yet for a sustainable reversal. We are not sure if the recent lows are a good support. It appears that the correction in RUNE is due to some project-specific news. Crypto investors and traders should avoid RUNE till it closes above $2.00 on the weekly chart, because it has a bearish pattern on weekly charts.

Disclaimer: This post is based on our technical analysis and its not financial advice. Thanks.