THORCHAIN - RUNE/USD - 1H - Technical analysis published on 05/18/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.83 USD
My targets
1.95 USD (+5.41%)
2.08 USD (+12.43%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on THORCHAIN - RUNE/USD as long as the price remains well above 1.83 USD. The buyers' bullish objective is set at 1.95 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.08 USD. If there is any crossing, the next objective would be the resistance located at 3.92 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The THORCHAIN - RUNE/USD price is 1.85 USD. The price has increased by +10.12% since the last closing and was between 1.68 USD and 1.85 USD. This implies that the price is at +10.12% from its lowest and at 0% from its highest.1.68
1.85
1.85
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this THORCHAIN - RUNE/USD chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 17 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2 (Daily)
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1 (Daily)
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point (Daily)
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.67 | 1.75 | 1.83 | 1.85 | 1.95 | 2.08 | 3.92 |
| Change (%) | -9.73% | -5.41% | -1.08% | - | +5.41% | +12.43% | +111.89% |
| Change | -0.18 | -0.10 | -0.02 | - | +0.10 | +0.23 | +2.07 |
| Level | Intermediate | Major | Major | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.50 | 1.57 | 1.63 | 1.70 | 1.76 | 1.83 | 1.89 |
| Camarilla | 1.64 | 1.66 | 1.67 | 1.68 | 1.69 | 1.70 | 1.72 |
| Woodie | 1.49 | 1.57 | 1.62 | 1.70 | 1.75 | 1.83 | 1.88 |
| Fibonacci | 1.57 | 1.62 | 1.65 | 1.70 | 1.75 | 1.78 | 1.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.06 | 1.35 | 1.52 | 1.81 | 1.98 | 2.27 | 2.44 |
| Camarilla | 1.55 | 1.60 | 1.64 | 1.68 | 1.72 | 1.76 | 1.81 |
| Woodie | 0.99 | 1.32 | 1.45 | 1.78 | 1.91 | 2.24 | 2.37 |
| Fibonacci | 1.35 | 1.53 | 1.64 | 1.81 | 1.99 | 2.10 | 2.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.56 | 0.76 | 1.05 | 1.25 | 1.54 | 1.74 | 2.03 |
| Camarilla | 1.21 | 1.25 | 1.30 | 1.34 | 1.39 | 1.43 | 1.48 |
| Woodie | 0.61 | 0.78 | 1.10 | 1.27 | 1.59 | 1.76 | 2.08 |
| Fibonacci | 0.76 | 0.95 | 1.06 | 1.25 | 1.44 | 1.55 | 1.74 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 74.67 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 26.07 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 1.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.75 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 1.78 | |
| Zig ZAG (10): | 1.85 | |
| VORTEX (21): | 1.3900 | |
| Stochastique (14,3,5): | 98.15 | |
| TEMA (21): | 1.83 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.16 | |
| Repulse (5,40,3): | 2.3700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 15.45 |
| MA7: | 1.88 | |
| MA20: | 1.56 | |
| MA50: | 1.33 | |
| MA100: | 1.30 | |
| MAexp7: | 1.81 | |
| MAexp20: | 1.76 | |
| MAexp50: | 1.77 | |
| MAexp100: | 1.80 | |
| Price / MA7: | -1.60% | |
| Price / MA20: | +18.59% | |
| Price / MA50: | +39.10% | |
| Price / MA100: | +42.31% | |
| Price / MAexp7: | +2.21% | |
| Price / MAexp20: | +5.11% | |
| Price / MAexp50: | +4.52% | |
| Price / MAexp100: | +2.78% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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