Bullish RUNE price prediction for 2024 is $6.672 to $13.013.. THORChain (RUNE) price might reach $15 soon.. Bearish RUNE price prediction for 2024 is $1.471.. In this THORChain (RUNE) price prediction 2024, 2025-2030, we will analyze the price patterns of RUNE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.. TABLE OF CONTENTS. INTRODUCTION. THORChain (RUNE) Current Market Status. What is THORChain (RUNE)?. THORChain (RUNE) 24H Technicals. THORCHAIN (RUNE) PRICE PREDICTION 2024. THORChain (RUNE) Support and Resistance Levels. THORChain (RUNE) Price Prediction 2024 — RVOL, MA, and RSI. THORChain (RUNE) Price Prediction 2024 — ADX, RVI. Comparison of RUNE with BTC, ETH. THORCHAIN (RUNE) PRICE PREDICTION 2025, 2026-2030. CONCLUSION. FAQ. Current Price $8.74. 24 – Hour Trading Volume $619,663,471. Market Cap $2,948,964,309. Circulating Supply 337,328,056 RUNE. All – Time Low $0.007939 (On Sep 27, 2019 ). RUNE Current Market Status (Source: CoinMarketCap). TICKERRUNE. BLOCKCHAINTHORChain. CATEGORYDecentralized Exchange. LAUNCHED ON2019. UTILITIESGovernance, security, gas fees & rewards. THORChain (RUNE) is the native utility token of the THORChain platform. THORChain is a cross-chain decentralized liquidity protocol. The project was born out of a hackathon that commenced in 2018. Its native token, RUNE was initially launched as a BEP-2 token and later transitioned to an ERC-20 token in 2019.. THORChain is built on Cosmos SDK and Tendermint protocol and uses a proof-of-stake (PoS) consensus mechanism. It also includes its native decentralized exchange (DEX) that enables users to swap tokens across different blockchains. THORChain DEX aids the inclusion of automated market makers (AMMs).. Further, THORChain (RUNE) is used in staking, trading, security, and governance and is provided as a reward to users.. (Source: TradingView). THORChain (RUNE) ranks 43rd on CoinMarketCap in terms of its market capitalization. The overview of the THORChain price prediction for 2024 is explained below with a daily time frame.. RUNE/USDT Rounding Bottom Pattern (Source: TradingView). In the above chart, THORChain (RUNE) laid out a rounding bottom pattern. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory.. At the time of analysis, the price of THORChain (RUNE) was recorded at $8.74. If the pattern trend continues, then the price of RUNE might reach the resistance levels of $5.470, and $8.178. If the trend reverses, then the price of RUNE may fall to the support of $4.309.. The chart given below elucidates the possible resistance and support levels of THORChain (RUNE) in 2024.. RUNE/USDT Resistance and Support Levels (Source: TradingView). From the above chart, we can analyze and identify the following as the resistance and support levels of THORChain (RUNE) for 2024.. Resistance Level 1$6.672. Resistance Level 2$13.013. Support Level 1$3.270. Support Level 2$1.471. RUNE Resistance & Support Levels. The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of THORChain (RUNE) are shown in the chart below.. RUNE/USDT RVOL, MA, RSI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the current THORChain (RUNE) market in 2024.. INDICATORPURPOSEREADINGINFERENCE. 50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $4.813Price = $5.232(50MA < Price)Bullish/Uptrend. Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions64.71570 = OverboughtNeutral. Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak Volume. In the below chart, we analyze the strength and volatility of THORChain (RUNE) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).. RUNE/USDT ADX, RVI (Source: TradingView). From the readings on the chart above, we can make the following inferences regarding the price momentum of THORChain (RUNE).. INDICATORPURPOSEREADINGINFERENCE. Average Directional Index (ADX)Strength of the trend momentum12.674Weak Trend. Relative Volatility Index (RVI)Volatility over a specific period48.14. 50 = High. Low Volatility. Let us now compare the price movements of THORChain (RUNE) with that of Bitcoin (BTC), and Ethereum (ETH).. BTC Vs ETH Vs RUNE Price Comparison (Source: TradingView). From the above chart, we can interpret that the price action of RUNE is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of RUNE also increases or decreases respectively.. With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of THORChain (RUNE) between 2025, 2026, 2027, 2028, 2029 and 2030.. Year Bullish Price Bearish Price. THORChain (RUNE) Price Prediction 2025$18$1. THORChain (RUNE) Price Prediction 2026$20$0.9. THORChain (RUNE) Price Prediction 2027$23$0.8. THORChain (RUNE) Price Prediction 2028$27$0.7. THORChain (RUNE) Price Prediction 2029$30$0.6. THORChain (RUNE) Price Prediction 2030$32$0.5. If THORChain (RUNE) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish THORChain (RUNE) price prediction for 2024 is $13.013. Comparatively, the bearish THORChain (RUNE) price prediction for 2024 is $1.471.. If there is a positive elevation in the market momentum and investors’ sentiment, then THORChain (RUNE) might hit $10. Furthermore, with future upgrades and advancements in the THORChain ecosystem, RUNE might surpass its current all-time high (ATH) of $21.26 and mark its new ATH.. THORChain (RUNE) is the native utility token of the THORChain platform. THORChain is a cross-chain decentralized liquidity protocol.. THORChain (RUNE) has been listed on many crypto exchanges which include Binance, Bybit, Bitrue, BingX, and BitMart.. With the ongoing developments and upgrades within the THORChain platform, THORChain (RUNE) has a high possibility of reaching its ATH soon.. THORChain (RUNE) hit its current all-time high (ATH) of $21.26 on May 19, 2021.. According to CoinMarketCap, RUNE hit its all-time low (ATL) of $0.007939 on Sep 27, 2019.. If THORChain (RUNE) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $15 soon.. THORChain (RUNE) price might reach $18 by 2025.. THORChain (RUNE) price might reach $20 by 2026.. THORChain (RUNE) price might reach $23 by 2027.. THORChain (RUNE) price might reach $27 by 2028.. Top Crypto PredictionsEthereum Classic (ETC) Price Prediction. Celestia (TIA) Price Prediction. Manta Network (MANTA) Price Prediction. Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.. share