RUNE (ThorChain) Technical Analysis – May 2025
Current Price: ~$1.25
RUNE is showing signs of strength after holding the critical support zone at $1.00, previously revisited twice in the last two months. It formed a double bottom and is now bouncing from the neckline support at $1.20–$1.19.
Setup:
Entry: $1.20–$1.25 (upon holding the neckline)
Stop Loss: $1.18 (confirmed breakdown below double bottom)
Target 1: $1.50
Target 2: $1.92 (long-term)
If RUNE closes two 4-hour candles below $1.20, a drop back to $1.00 is likely. Otherwise, continuation toward $1.50+ remains the base case.
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1INCH Technical Analysis – May 2025
Current Price: ~$0.187
1INCH is currently in a mid-range consolidation, trading between support at $0.15 and resistance at $0.22.
Setup:
Entry (Long): Near $0.15 (support zone)
Stop Loss: $0.142
Target 1: $0.187
Target 2: $0.22
Breakout Buy: Above $0.22 with confirmation
Invalidation: Sustained breakdown below $0.15
Note: The current price is in a no-trade zone. Best strategy is to wait for price to move closer to support or break key resistance.
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Conclusion:
RUNE is showing a bullish reversal off the double bottom. Hold above $1.20 is key.
1INCH is in a neutral zone. Wait for $0.15 support or $0.22 breakout to act.