THORChain RUNE
Current Price
$1.34 +5.33%
$0.1100 Daily Range (8.21%)
$1.25$1.36
$58.52M Daily Volume
500 BTC
Vol/MktCap: 12.39%
Market Performance
+5.28% 0.00001144 BTC
+4.21% 0.0003 ETH
+3.83% 0.4365 XRP
+5.35% 1.34 USDT
+1.13% 0.0014 BNB
0.10% Relative BTC Volume
The total volume of THORChain is $58.52M over the past 24 hours, compared to $59.83B total Bitcoin volume.
Hourly Moving Average
8 SMA $1.34 -0.12%
13 SMA $1.32 +1.64%
21 SMA $1.30 +3.24%
55 SMA $1.28 +4.69%
144 SMA $1.30 +3.34%
Price Performance
-1.19% 1 Hour Change
$1.34 from $1.36
+5.37% 7 Day Change
$0.0719 from $1.27
+12.35% 14 Day Change
$0.1655 from $1.17
+2.61% 30 Day Change
$0.0350 from $1.30
All Time High
May 19, 2021
$20.87 -93.56%
-$19.53 vs. now
24H Change
24.57M USD +5.49%
210 BTC
Volume and Supply
Total Supply: 425.38M RUNE
351.30M RUNE Available82.58% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
21.35 x BTC Supply = 21:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
44.84M RUNE traded over past 24 hours
12.76% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
THORChain AI Market Analysis
THORChain (RUNE) is currently trading at $1.34, reflecting a 4.17% increase over the past 24 hours, with a daily high of $1.35 and a low of $1.25. The daily price range has been relatively stable, showing only a 0.1% fluctuation, which indicates consolidation as the asset approaches resistance levels.
The trading volume stands at approximately $59.2 million, equating to a volume-to-market cap ratio of 12.54%. This level of volume supports the current upward momentum, suggesting that market participants are actively trading RUNE, which is a bullish sign in the short term.
Analyzing the hourly moving averages reveals that all key SMAs are trending positively, with the 55 SMA at $1.27 showing a notable increase of 5.51%. The short-term averages (8, 13, and 21 SMA) are all above the longer-term averages, reinforcing a bullish trend as prices are consistently above support levels.
The 1-hour Relative Strength Index (RSI) is at 79, indicating that RUNE is in overbought territory in the very short term. However, the 7-day RSI at 53 suggests that RUNE is neutral on a broader scale, allowing for potential upward movement without immediate overextension.
In the past week, RUNE has appreciated by 5.83%, and its 14-day price change is even more significant at 10.97%. Such sustained upward momentum over multiple periods indicates a strong bullish sentiment, positioning RUNE favorably against market volatility.
Despite the recent gains, RUNE remains substantially below its all-time high of $20.87 reached in May 2021, leaving considerable room for growth. This long-term potential, coupled with current bullish indicators, suggests that RUNE could see further appreciation if market conditions remain favorable.
Considering the technical indicators, bullish price action, and overall market sentiment, I assign a Buy rating for RUNE at the current price of $1.34. The combination of a healthy volume, positive moving averages, and a balanced RSI suggest that the asset has the potential for continued upward momentum in the near term.
The trading volume stands at approximately $59.2 million, equating to a volume-to-market cap ratio of 12.54%. This level of volume supports the current upward momentum, suggesting that market participants are actively trading RUNE, which is a bullish sign in the short term.
Analyzing the hourly moving averages reveals that all key SMAs are trending positively, with the 55 SMA at $1.27 showing a notable increase of 5.51%. The short-term averages (8, 13, and 21 SMA) are all above the longer-term averages, reinforcing a bullish trend as prices are consistently above support levels.
The 1-hour Relative Strength Index (RSI) is at 79, indicating that RUNE is in overbought territory in the very short term. However, the 7-day RSI at 53 suggests that RUNE is neutral on a broader scale, allowing for potential upward movement without immediate overextension.
In the past week, RUNE has appreciated by 5.83%, and its 14-day price change is even more significant at 10.97%. Such sustained upward momentum over multiple periods indicates a strong bullish sentiment, positioning RUNE favorably against market volatility.
Despite the recent gains, RUNE remains substantially below its all-time high of $20.87 reached in May 2021, leaving considerable room for growth. This long-term potential, coupled with current bullish indicators, suggests that RUNE could see further appreciation if market conditions remain favorable.
Considering the technical indicators, bullish price action, and overall market sentiment, I assign a Buy rating for RUNE at the current price of $1.34. The combination of a healthy volume, positive moving averages, and a balanced RSI suggest that the asset has the potential for continued upward momentum in the near term.
Updated 212 minutes ago.
THORChain Relative Price at Market Cap of:
THORChain TradingView Chart
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