-22% for RUNE — downtrend intensifies on oversold technicals

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Highlights

THORChain (RUNE) dropped 23% to $0.891 on October 10, 2025, remaining below all key moving averages and signaling sustained bearish momentum.
Technical indicators including the MACD, RSI, and Awesome Oscillator confirm persistent seller control, with RUNE opening at $0.863 after a previous close of $1.162, indicating heightened volatility.
RUNE is expected to trade between $0.99 and $1.01 over the next five days, with less than a 20% probability of a breakout and continued risk of fresh lows below $0.90.

Oversold technicals drive losses amid news vacuum

There have been no significant company events or fresh fundamental news impacting RUNE, as bearish momentum continues to drive the decline. The recent 23% slide, closing at $0.891 on October 10, 2025, is attributed mainly to technical oversold conditions and the absence of any major new developments. Automated chart-based projections suggest a possible short-term rebound, but the lack of meaningful news leaves technical drivers as the primary influence for the day.

Persistent bearish momentum as indicators confirm volatility and gap

Momentum readings for RUNE are weak, with both the MACD and RSI signaling a bearish bias. The MACD remains in sell territory across daily and weekly timeframes, while the ADX on the daily chart reveals strong trend strength, though the weekly ADX has turned neutral. RSI, Stoch RSI, and CCI are all in oversold territory on both daily and weekly periods, with the BBP confirming intraday seller control. The Awesome Oscillator reinforces the prevailing downtrend. RUNE opened today at $0.863 against the previous close of $1.162, resulting in a notable downward gap. The current price sits near the high end of today's range ($0.858 – $0.907), indicating heightened intraday volatility following an initial drop and sustained seller pressure.

Sideways bias and fresh lows risk as weak demand limits upside

For the next five trading days, RUNE is expected to remain in the $0.9920 to $1.0100 range, with a very low probability (less than 20%) of a meaningful price increase. Weak demand will likely keep volatility contained, leading to a baseline scenario where prices move sideways between $0.99 and $1.01. A bullish reversal would require a break above the $0.9955 resistance, which appears unlikely given the current technical setup. The risk of a further decline remains high, especially if momentum selling persists, with a bearish scenario pointing to fresh lows below $0.90.

Viktoras Karapetjanc, Traders Union expert, sees RUNE’s latest price decline as a clear result of weak demand and an absence of supportive news flow. He believes that without fresh positive catalysts or macro shifts, technical drivers will continue to dictate price action, increasing the likelihood of further sideways or downward movement. Still, the analyst remains constructive, noting that current oversold conditions and strong trend signals could open up opportunities if sentiment improves. "With RUNE heavily oversold and fundamentals unchanged, I see potential for a rebound if buyers regain confidence—so I’m watching closely for any shift in demand or market tone," says Karapetjanc.

Previously it was noted that muted sentiment persists as absence of news dampened activity around RUNE. Technical analysis confirmed persistent downward pressure, with the asset consolidating below key resistance levels and showing limited chances of a rebound.

Source of Data: RUNE Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.