Although recent months were challenging for cryptocurrencies, RUNE was among the biggest decliners, nearing its lowest 2024 price. Despite holder anxiety, Elliott waves suggest a significant rise in 2025.
Examining the weekly timeframe, the previous bull run was substantial and strong. The bear market didn’t push below the bottom, indicating that the price is entering global wave 3. The recent drop hit the 0.5 Fibonacci level, showing a
green signal on the Bullish/Bearish Reversal Bar Indicator within this area. Another signal is anticipated soon. Alerts from this indicator are synced automatically to my accounts. More details are available in our TradingView article. If
Although recent months were challenging for cryptocurrencies, RUNE was among the biggest decliners, nearing its lowest 2024 price. Despite holder anxiety, Elliott waves suggest a significant rise in 2025.
Examining the weekly timeframe, the previous bull run was substantial and strong. The bear market didn’t push below the bottom, indicating that the price is entering global wave 3. The recent drop hit the 0.5 Fibonacci level, showing a
green signal on the Bullish/Bearish Reversal Bar Indicator within this area. Another signal is anticipated soon. Alerts from this indicator are synced automatically to my accounts. More details are available in our TradingView article. If
the analysis holds, expect major growth in the $35-50 range.
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