March 8, 2025 RUNE – Thorchain Daily Analysis RUNE – Thorchain Daily Analysis
RUNE – Thorchain Daily Analysis
Outlook
RUNE current price is 1.21 USDT and the current market cap is 51.554.729 USDT. This chart period started 210 days ago (11 August 2024) with a total of 100 days closing above the opening price and 110 days closing below the opening price. The lowest price was 0.955 USDT on 02 February 2025, and the highest price was 7.58 USDT on 08 December 2024. The current price is 26.81% above the lowest price and 84.02% below the highest price.
Moving Average
Moving Averages (Closing Prices):5-Day Moving Average: 1.2322-Day Moving Average: 1.2950-Day Moving Average: 1.70100-Day Moving Average: 3.50250-Day Moving Average: 4.12500-Day Moving Average: 4.88
Moving Average Analysis
The current price is %1.61 lower than the 5-Day moving average and has been below it for 2 days.The current price is %6.19 lower than the 22-Day moving average and has been below it for 6 days.The current price is %28.94 lower than the 50-Day moving average and has been below it for 36 days.The current price is %65.39 lower than the 100-Day moving average and has been below it for 49 days.The current price is %70.58 lower than the 250-Day moving average and has been below it for 60 days.The current price is %75.19 lower than the 500-Day moving average and has been below it for 61 days.
Trends
The longest uptrend in the 210 day period is 5 days. It started at 3.86 USDT on 16 September 2024 and ended by increasing by 21.43% to 4.69 USDT on 21 September 2024.The longest downtrend is 7 days. It started at 1.45 USDT on 12 February 2025 and ended by decreasing -19.59% to 1.17 USDT on 19 February 2025.
Support & Resistance
This review was made for the last 7 daysLast 7 days support levels: Support: 1.11 USDT on 04-03-2025 Support: 1.18 USDT on 07-03-2025Last 7 days resistance levels: Resistance: 1.46 USDT on 03-03-2025 Resistance: 1.29 USDT on 05-03-2025 Resistance: 1.29 USDT on 07-03-2025The lowest support level is 1.11 USDT on 04-03-2025, and the highest resistance level is 1.46 USDT on 03-03-2025. The percentage difference between these levels is approximately 32.0%.
Volume
The previous trading day’s volume (07-03-2025) 49,325,165.60 USDT. Highest volume in the last 210 days is 363,322,002.60 USDT on 02-02-2025. Lowest volume in the last 210 days is 2,441,324.90 USDT on 08-03-2025. Difference between highest and lowest volume is 14782.17%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 54,968,424.28 USDT22-day Moving Average Volume: 71,641,675.82 USDT50-day Moving Average Volume: 70,571,543.15 USDT100-day Moving Average Volume: 42,821,457.77 USDT250-day Moving Average Volume: 24,213,645.79 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 49,325,165.60 USDT
Previous day’s volume is 10.27% lower than the 5-day moving average.Previous day’s volume is 31.15% lower than the 22-day moving average.Previous day’s volume is 30.11% lower than the 50-day moving average.Previous day’s volume is 15.19% higher than the 100-day moving average.Previous day’s volume is 103.71% higher than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -23.27% lower than the 22-day moving average.22-day moving average is 1.52% higher than the 50-day moving average.50-day moving average is 64.80% higher than the 100-day moving average.100-day moving average is 76.85% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 31-08-2024 with a volume of 3,800,076.60 USDT and ended on 04-09-2024 with a volume of 9,952,180.00 USDT, lasting for 4 days and representing a 161.89% increase.The longest consecutive volume decrease started on 01-10-2024 with a volume of 18,519,624.80 USDT and ended on 06-10-2024 with a volume of 4,926,807.80 USDT, lasting for 5 days and representing a 73.40% decrease.
Price Volume Coorelation
During the longest volume increasing period price decrease from 3.92 USDT to 3.74 USDT, which represents a -4.74% change.During the longest volume decreasing period price increase from 4.58 USDT to 4.92 USDT, which represents a 7.58% change.
Strategy
Under sales pressure, we should observe where the decline will end and then reassess. Currently, we do not recommend opening a ‘long’ position.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
