Important Announcement: Binance to Remove RUNE Perpetual Futures on November 19 – Essential Information for Traders
Binance Delisting Announcement: Binance will delist RUNE/USD perpetual futures contracts on November 19, requiring traders to close existing positions and adjust their strategies accordingly.
Reasons for Delisting: The decision to delist is based on factors such as trading volume, market demand, and risk management, reflecting Binance's routine review of trading products.
Preparation for Traders: Traders should review their current positions, monitor price movements, and consider alternative trading platforms or spot trading options for RUNE.
Market Impact and Future of THORChain: While the delisting may cause temporary volatility, it does not indicate issues with THORChain's technology, and spot trading for RUNE will continue on Binance.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for RUNE
Technical Sentiment Analysis for THORChain (RUNE) As of , THORChain (RUNE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for RUNE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, RUNE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
THORChain (RUNE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.185 | 0.268 | 0.351 | 0.434 | 0.517 | 0.6 | 0.683 |
| Fibonacci | 0.268 | 0.331 | 0.37 | 0.434 | 0.497 | 0.536 | 0.6 |
About RUNE
About the author







