Hot like lightning, we’ve been hitting a home run in our predictions.
You don’t have to believe us; review our previous forecasts here, here, and here.
Of course, things can take a different turn, but this week, we are focused on the hottest assets in the market.
Two tokens have shattered all expectations, and our community is thrilled to see them outperform the bear.
In fact, both assets have been hot topics in our Discord over the past year.
A lot of our members are already invested…
But what about you?
TLDR 📃
- THOR is up over 400% in the last week… and it’s not stopping. We’ve highlighted entries and targets in the short term.
- Powered by the ecosystem momentum, RUNE also saw a 50% increase - the biggest weekly candle since March of 2022.
- We’re expecting BTC to keep rising. The bottom is set, now’s the last chance to shop 🛒
Disclaimer: Not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results. “One Glance” by Cryptonary sometimes uses the R:R trading tool to help you quickly understand our analysis. They are not signals, and they are not financial advice. Any capital-related decision you make is your responsibility and yours only.
Lightning struck, and we got a great hit ⚡
RUNE has been a hot topic within our community at Cryptonary since our 30x report. But with time, another lightning asset has emerged from the skies.THOR | THORSwap
And the best thing? We perfectly nailed the bottom at $0.07, a point we shared in our Discord. Cryptonary members stay winning 🏆
We’re sure there’s a question running through your mind right now…
“Should I enter now?” In crypto, you learn to conserve your time, money, and energy for greater things. Although THOR saw immense demand, the time to buy is long gone.
Instead, we’re throwing two options right on the table for you:
🚨 Scenario | #1 Wait for a lower entry. THOR’s price can retrace to the $0.30 - $0.26 region to flip it into support. We can see a bounce from there, making it the ideal entry.
Entry: $0.30 - $0.26 Target: +$0.45 Invalidation: Weekly closure under $0.26
🚨 Scenario | #2 Wait for $0.45 to be flipped into support. From there, you can place new trade.
Entry: $0.45 (Only if flipped into support on the daily timeframe) Targets: $1 | $1.70 Invalidation: Loss of $0.45 (After reclaim)
But wait… we’re missing something…
RUNE | THORChain
The market couldn’t have THOR taking the spotlight all to itself, so RUNE got a piece of the action.
🚨 Scenario | #1
RUNE continues to surge and reaches $1.67. Here, we expect some selling pressure to appear, given the price is already leaning toward exhaustion. Simply put, a peak can form here.
Entry: $1.43 (Only if flipped into support on the daily timeframe) Target: $1.67 Invalidation: Loss of $1.43 (After reclaim) 🚨 Scenario | #2
Before continuing its upswing, RUNE retraces to $1.25, where buyers will be waiting patiently. Its price can bounce toward $1.43 and $1.67, respectively.
Entry: $1.25 Targets: $1.43 | $1.67 Invalidation: Weekly closure under $1.25
Both scenarios require BTC’s price to remain steady or to rise, so keep that in mind before opening any positions. As far as the long term is concerned, we’re as bullish as you can get on both RUNE & THOR.🐂
Total market cap
The Total Market Cap (TOTAL) index represents the entire cryptocurrency market. We track this index to understand the overall market and predict where it will go.
Altcoins market cap
The Altcoins Market Cap (ALTS) index represents the entire valuation of the altcoins market: all coins other than BTC.
Cryptonary’s portfolio 📁
These are the high-conviction investments in our portfolio.BTC | Bitcoin
ETH | Ethereum
DYDX | dYdX
ARB | Arbitrum
Cryptonary’s watchlist 🔎
We've got our eyes on these ones.LDO | Lido DAO
DOT | Polkadot
SOL | Solana
MINA | Mina Protocol
ASTR | Astar Network
OP | Optimism
Cryptonary’s take 🧠
There has been quite a surprising turn of events for THOR and RUNE. However, their current prices are not in a good position to scream “buy now, “ so we remain conservative.Our fundamental views on THOR and RUNE haven’t changed. We’ve recently covered both in an updated X report here. It’s best to brush up on the news before diving into the market.
Nonetheless, we’ve seen opportunities waiting to be snatched; we won’t keep them to ourselves, so make sure you stay plugged in!
Action points 🎯
- As THOR’s and RUNE’s prices have risen significantly, we recommend avoiding buying now. Instead, it’s best to wait for their prices to retrace to get better entries and reduce unwanted risk.
- The market is ready to pop. We’ve shared multiple trade ideas over the past weeks, but now’s the time for you to do your research/analysis and pick the best eggs out of the basket. There’s no time to waste - browse through our previous reports here.
- Got more questions? Hit us up on Discord in the “✍️・traders-pit” channel!
Cryptonary out!
Recommended from Cryptonary
