RUNE has shown very weak Price Action since September (compared to other alts). With the last node (eth) to come back online since the hack, this could be the start of the recovery for RUNE. Lots of upside potential (or catching up to do).
The last dip saw RUNE bounce nicely off the macro trendline and joining 0.786 FIB level. Entering volume at that same level was also a good sign or whale traders waiting.
TP at both FIB levels with the 0.5 to have some strong resistance with the other local highs.
Note: BTC.D will need to play nice for this to have a chance in the short term. Longer term may stretch out if we see more BTC.D climbed back
The last dip saw RUNE bounce nicely off the macro trendline and joining 0.786 FIB level. Entering volume at that same level was also a good sign or whale traders waiting.
TP at both FIB levels with the 0.5 to have some strong resistance with the other local highs.
Note: BTC.D will need to play nice for this to have a chance in the short term. Longer term may stretch out if we see more BTC.D climbed back