0R15 8520.0 0.0% 0R1E 8203.0 0.0% 0M69 21090.0 67.5139% 0R2V 226.02 9878.8079% 0QYR None None% 0QYP 412.97 -2.8306% 0RUK 2652.0 -9.2402% 0RYA 1554.0 -0.7029% 0RIH 174.55 -1.3563% 0RIH 165.15 -5.3853% 0R1O 198.5 9800.2494% 0R1O None None% 0QFP None None% 0M2Z 267.777 -0.1763% 0VSO 32.05 -9.9846% 0R1I None None% 0QZI 559.0 0.7207% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 165.7358 2.7149%
Crypto Overview: THORChain (RUNE) is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.
As per the previous recommendation on RUNE on 07 March 2024, a ‘Bullish’ status was given on the cryptocurrency at USD 5.338, and noted below are the details of the recommendation summary provided in the previous report:
Technical Analysis summary as on 07 March 2024
RUNE’s Daily Chart
Considering the resistance levels achievement, current trading levels and associated risks, it is prudent to book profits at the current levels. Hence, a ‘Exit’ status has been provided on the crypto at the current price of USD 9.401 as on March 11, 2024, at 10:00 AM, (GMT) Time in London, UK.
Note 1: Past performance is neither an indicator nor a guarantee of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 11 March, 2024. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the cryptocurrency can be considered if the Resistance Price mentioned as per the technical levels provided has been achieved and is subject to the factors discussed above.
Note 4: Dividend Yield may vary as per the cryptocurrency price movement.
Technical Indicators Defined: -
Support: A level at which the cryptocurrency prices tend to find support if they are falling, and downtrend may take a pause backed by demand or buying interest.
Resistance: A level at which the cryptocurrency prices tend to find resistance when they are rising, and uptrend may take a pause due to profit booking or selling interest.
Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the cryptocurrency prices.
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