ALERT !!! SELL #RUNE/USDT , #BTC #TrumpCryptoOrder The RUNE/USDT pair is experiencing a sharp decline, with extreme selling pressure reflected in the high volume and the RSI in oversold territory. Factors that may be contributing to this drop include:
1. Technical factors:
• The loss of key supports is amplifying the decline.
• Extreme oversold condition could lead to a technical rebound, although this is not guaranteed.
2. Market conditions:
• Cryptocurrencies are highly volatile, and overall market movements can influence RUNE.
• The high volume could reflect massive selling due to panic or liquidations.
3. External events:
• News or events related to THORChain may be negatively affecting its performance. Issues in the network, and decreasing investor confidence. DOES NOT HAVE LIQUIDITY