Latest THORChain (RUNE) Price Analysis

Deep Dive

1. Binance Futures Delisting Aftermath (Bearish Impact)

Overview:
Binance halted RUNE perpetual futures trading on November 19, 2025, citing low liquidity and market demand. While spot trading remains open, the delisting reduced derivatives-driven speculation and liquidity.

What this means:
- Reduced leverage options likely triggered residual unwinding of positions, adding sell pressure.
- Historical precedent: Derivatives delistings often correlate with short-term price volatility due to reduced trader interest.

What to look out for:
- RUNE’s spot volume trends on other exchanges (e.g., THORSwap, THORWallet) to gauge organic demand.

2. Broad Market Downturn (Bearish Impact)

Overview:
Global crypto market cap fell 2.76% in 24h, with Bitcoin dominance rising to 58.56%. Fear-driven selling hit altcoins harder, as seen in RUNE’s underperformance vs. BTC (-3.66% vs. -2.76%).

What this means:
- Risk-off sentiment in crypto (Fear Index: 25) disproportionately impacts mid-cap alts like RUNE.
- Turnover ratio (0.193) indicates thin liquidity, exacerbating downside moves during market-wide drops.

3. Technical Breakdown (Mixed Impact)

Overview:
RUNE broke below the critical $0.68259 (61.8% Fibonacci retracement), with RSI14 at 45.29 signaling neutral momentum. However, the MACD histogram turned positive (+0.011), hinting at potential short-term relief.

What this means:
- Loss of $0.68 support opens downside toward $0.635 (78.6% Fib level).
- Mixed signals: MACD bullish divergence vs. bearish SMA alignment (price below 30-day SMA at $0.7008).

Conclusion

RUNE’s drop reflects a mix of post-derivatives delisting adjustments, macro risk aversion, and technical breakdowns. While network upgrades (e.g., TRON integration) continue, short-term sentiment and liquidity constraints dominate. Key watch: Can RUNE reclaim $0.68 to invalidate the bearish structure, or will market-wide fear extend losses?

Deep Dive

1. Technical Momentum (Bullish Impact)

Overview: RUNE’s MACD histogram turned positive (+0.010065) for the first time in weeks, signaling a potential bullish reversal. The RSI (14-day) rose to 47.94, exiting oversold territory, while the price broke above the 7-day SMA ($0.645).

What this means: Traders often interpret MACD crossovers as entry signals, especially when paired with RSI recovery. The breakout above $0.685 could attract momentum buyers, though resistance at the 23.6% Fibonacci level ($0.790) remains a hurdle.

What to look out for: Sustained closes above the 30-day SMA ($0.703) would confirm a broader trend reversal.

2. Binance Network Upgrade Support (Bullish Impact)

Overview: Binance announced support for THORChain’s November 4 network upgrade on December 4, temporarily pausing deposits/withdrawals but keeping trading active. The upgrade focused on security enhancements and liquidity optimizations (kanalcoin.com).

What this means: Binance’s endorsement signals institutional confidence, while upgrade-related liquidity improvements could reduce slippage for large swaps. Historically, post-upgrade periods have seen increased decentralized exchange (DEX) volumes for RUNE, as seen in Q3 2024’s 12% TVL growth post-hard fork.

3. TRON Cross-Chain Integration (Mixed Impact)

Overview: THORWallet integrated TRON on November 28, enabling native TRX/USDT swaps via THORChain. This adds access to TRON’s $50B+ stablecoin ecosystem (Cointelegraph).

What this means: TRON’s inclusion broadens RUNE’s use case as the mandatory settlement asset in THORChain pools. However, the 24h price move only partially reflects this news, suggesting longer-term adoption may be needed for sustained upside.

Conclusion

RUNE’s 24h gain combines technical tailwinds, exchange-backed protocol upgrades, and strategic ecosystem expansion. While bullish in the near term, the token faces overhead resistance at $0.790 and remains 90% below its all-time high.

Key watch: Can RUNE hold above the 30-day SMA ($0.703) to confirm a reversal, or will Bitcoin’s 58.67% dominance cap altcoin rallies?