RUNE THORChain Crypto Price News Today - Elliott Wave Technical Analysis Update, Price Now!
1 extracted signal · 1 resolved · 0 still active
More Crypto OnlineIndependent analyst profile- Source published
- 01 Dec 2025, 06:44 UTC
- Recorded by Tahlil Plus
- 18 May 2026, 20:23 UTC
AI-generated source summary
The analysis identifies a clear five-wave move down on the RUNE/USD chart, interpreting the larger structure as an ABC correction pattern. The analyst specifies a confirmation line at $1.17 as a key level to watch for a potential upside reversal, but notes the current chart as weak with no signs of reversal. The analyst suggests that whenever there is an ABC structure the A and C waves tend to have the same or similar length and the 100% extension has not been reached so the 51.4 cent level will be the next key level to watch, and they think there is a good chance that we get there. The microstructures are unclear due to the 10th of October low. The analysis suggests it is best to assume lower until a five-wave move up and a three-wave move down is observed. The first reversal confirmation would be a break above $1.17 and then a higher low.
AI-generated summary based on the source content.
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.