THORChain
Long

#THORChain #RUNE Long-Term chart analysis

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#THORChain #RUNE Long-Term chart analysis

According to the chart and the wave counter marked on it, the downward trend of this currency is probably over. And we can expect the beginning of its long-term upward movement. But since there is a possibility that we will have more decline ahead, so three entry steps are suggested at the current price of $1.53, then the price of $0.80 and finally the price of $0.40.
The primary target of the possible rise is the price of $40 by the end of 2025, which has a good risk-to-reward ratio.
The target are:

target1: 40$
target2: 99$
target3: 165$
target4: 380$

STOP LOSS: 0.30$

TIME: 1 YEAR

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