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RUNE Price Looking Bearish in the Short-Term at Key Support Area by scaredycatguide

View this thread on: hive.blogpeakd.comecency.com
· @scaredycatguide · (edited)
$41.59
RUNE Price Looking Bearish in the Short-Term at Key Support Area
The price of RUNE has been taken to the woodshed of late.  Right now it is holding on to a key support area and not looking too strong.

I love RUNE in the long-term, but price action is bearish in the near-term and will be interesting if it can hold the 5.50 to 6.50 area.

The video below gets into all the details.

### RUNE Price Looking Bearish..

https://youtu.be/oKwpQ3ZkENo

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vote details (430)
@behiver ·
$0.09
RUNE is a gem more precious than gold in the digital world and that will be proven in the long term. Great analysis and insight as always.

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vote details (2)
@tomlee ·
Thank you

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@emeka4 ·
$0.08
It's still have a positive impact to play an I believe it won't be a bad idea investing in it.
👍  ,
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@enison1 ·
Did you read about the Doge integration? Cool stuff

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@scaredycatguide ·
Yes, bring on the normies!

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@fabian98 ·
If BTC continues to crawl to the Underworld, then rune will possibly reach $3.

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@tomlee ·
Well, anything is possible!

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@galberto ·
Hey kitty, we hope Rune Will supported by metamask on BSC.

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vote details (1)
@jphamer1 ·
Its all dead! get out!!
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@justinpencilz ·
$0.09
>I love RUNE in the long-term, but price action is bearish in the near-term and will be interesting if it can hold the 5.50 to 6.50 area.

Run is a potential coin for a long project lately is doing exactly what btc is doing as btc dominant once we see that support zone rejecting just as btc is currently rejecting 42k we might see a push up or probably push down to clear liquidity in any case we are to keep our head straight no action should be taken till there's confirmation of a buy. 
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vote details (2)
@l337m45732 ·
I normally don't pay too much attention to technical analysis, but you make it make sense so thank you for that. I'm a numbers a guy, but most people's TA makes little to no sense to me. Rune is **highly** oversold in my opinion.

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@scaredycatguide ·
Thanks!  It is a bit oversold, but that doesn't mean it has to bounce quite yet.  Hoping it does though!

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@l337m45732 ·
Wen bounce? lol

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@steemflow ·
Last dip it was my go to coin...invested heavenly on it...hope get some return after incurring losses
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@taskmaster4450le ·
That is because Khal has not implemented it yet.  When he does, the price will soar.

Khal is the RUNE leader.  He can move the entire market.

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vote details (1)
@tomlee ·
Thorchain is one the amazing crypto projects we have out there. What makes Thorchain even more distinct and unique is the fact that it is an immutable cross-chain DEX. The solutions the DEX provides can rarely be found on other DEXes. 

Hence, it's native $RUNE might just be a very good investment to make. In essence, while we analysis $RUNE, we should pay more attention to its long-term potentials. Just like the author puts, "it is bearish but only for the near-term." Meaning, it's current price looks discounted.

NFA

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@williamtboy ·
According to rsi, you will know that we are still at bearish trend. Many crypto are still selling.

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vote details (1)
@scaredycatguide ·
Yes, RSI still weak

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@williamtboy ·
That's it

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@yieldgrower ·
$0.09
I still have not even figured out how to buy $RUNE :)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@yieldgrower/re-scaredycatguide-6ahxet)
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vote details (2)
@scaredycatguide ·
They have it on KuCoin and crypto.com I believe.  I buy it there as (BEP2) and then send it to my asgardex wallet where I can upgrade it to native rune

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@scaredycatguide/re-yieldgrower-3rtoba)
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vote details (2)
@yieldgrower ·
ok, cool. Thanks for the tip, always learning here !

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@yieldgrower/re-scaredycatguide-2hrjhr)
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