ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
THORChain (RUNE) is currently trading at $0.6623, reflecting a modest decline of 0.86% over the past 24 hours. Despite the minor dip in price, trading activity THORChain (RUNE) is currently trading at $0.6623, reflecting a modest decline of 0.86% over the past 24 hours. Despite the minor dip in price, trading activity

THORChain RUNE Set to Surge: Could Hit $3.30 Soon!

Author: TronweeklySource: Tronweekly
2026/01/17 17:00
THORChain
RUNE$0.5114-0.38%
SURGE
SURGE$0.0734-14.22%
SOON
SOON$0.2273-5.01%

THORChain (RUNE) is currently trading at $0.6623, reflecting a modest decline of 0.86% over the past 24 hours. Despite the minor dip in price, trading activity has surged significantly, with a 24-hour trading volume of $207.84 million, marking a striking 243.22% increase compared to previous sessions. Over the last seven days, the token has recorded a weekly gain of 11.77%, signaling renewed investor interest in the digital asset.

Source: CoinMarketCap

Market analysts note that RUNE is currently navigating a critical technical phase. The cryptocurrency’s recent price fluctuations suggest that it is testing the upper boundary of a descending wedge pattern, which could indicate an upcoming trend reversal.

RUNE Nears Descending Resistance

According to crypto analyst Bit Amberly, RUNE is approaching the descending resistance line on the three-day timeframe, accompanied by rising trading volumes. Such technical patterns often precede decisive market moves. If RUNE successfully breaks above the wedge resistance, targets have been identified at $0.95, $1.50, $2.10, and ultimately $3.30.

Analysts emphasize that sustained volume and market momentum will be crucial for confirming any breakout. In the event of a failed breakout, the token could face further consolidation within the current wedge range, maintaining support levels around its present trading price.

Technical trends indicate that traders are closely monitoring short-term price movements while evaluating long-term prospects. The current pattern suggests a delicate balance between bullish potential and resistance pressure, requiring careful observation over the coming weeks.

Source: X

Also Read | THORChain (RUNE) Up 28%: Analyst Targets $8 Short-Term, $54 Long-Term

RUNE Price Prediction for 2026

According to DigitalCoinPrice, THORChain may aim to surpass the $1.18 mark by the end of 2026. Analysts also project that the token could reclaim and exceed its previous all-time high of $21.26, settling within a price range of $1.02 to $1.18 in the near term.

Investors and market specialists underscore that these predictions rely on continued adoption of THORChain’s ecosystem, alongside favorable market conditions within the broader cryptocurrency sector. While the token has faced historical volatility, ongoing technological developments and strategic partnerships could reinforce its market positioning and long-term value trajectory.

Also Read | THORChain (RUNE) Primed for Breakout: Analyst Eyes $20 Target

Market Opportunity
THORChain Logo
THORChain Price(RUNE)
$0.5114
$0.5114$0.5114
-1.23%
USD
THORChain (RUNE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

How do I teach myself real estate? A practical self-study roadmap

How do I teach myself real estate? A practical self-study roadmap

If you want to learn real estate for beginners, a clear, practical roadmap can turn general curiosity into usable skills. This guide from FinancePolice lays out
Share
Coinstats2026/01/31 12:03
USDC Treasury mints 250 million new USDC on Solana

USDC Treasury mints 250 million new USDC on Solana

PANews reported on September 17 that according to Whale Alert , at 23:48 Beijing time, USDC Treasury minted 250 million new USDC (approximately US$250 million) on the Solana blockchain .
Share
PANews2025/09/17 23:51
Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42