THORChain

Alice

<p>Prominent analysts Alice Crypto and Pedro Teixeira shared on X (formerly Twitter) that PENDLE and RUNE are positioned for potential gains backed by strong volume and promising chart patterns. Over the past day, <a href="https://captainaltcoin.com/pendle-price-surges-analyst-projects-20-target-for-q4/" target="_blank" rel="noopener noreferrer nofollow">PENDLE’s price</a> has risen by 13.52%, while THORChain (RUNE) has recorded a 9.62% increase.&nbsp;</p>
<p>Alice Crypto underscores the possibility of volume-driven development in PENDLE, while Pedro Teixeira sees a bullish structure in RUNE that aims for higher resistance levels. Both experts emphasize the positive view.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="pendle-chart-analysis">PENDLE Chart Analysis</h2>
<p>Alice Crypto shared an update on PENDLE’s price, noting that the token is experiencing “good volume” and suggesting a potential gain of over 40%. The chart displays PENDLE in a clear uptrend, reinforced by a trendline that connects higher lows.&nbsp;</p>
<figure class="wp-block-image aligncenter size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="637" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-1024x637.png" alt="" class="wp-image-574552" style="width: 100%;height:auto" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-1024x637.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-300x187.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-767x477.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-1536x955.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-2048x1274.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-241x150.png 241w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-563x350.png 563w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140-788x490.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1140.png 1280w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/Allice_Crypto/status/1851166740715110535" target="_blank" rel="noopener noreferrer nofollow">X/AliceCrypto</a></em></strong>
 </figcaption>
</figure>
<p>This trendline indicates strong buying interest at progressively higher levels. The price currently sits above $4.93 and appears to be targeting a resistance zone of around $7.02. If PENDLE breaks above this level with sustained volume, it could signal a continuation of the bullish trend.</p>
<p>The 4-hour chart further supports this outlook, showing a descending broadening wedge pattern. This structure, commonly associated with bullish continuations, suggests an imminent breakout.&nbsp;</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="637" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-1024x637.png" alt="" class="wp-image-574544" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-1024x637.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-300x187.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-767x477.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-1536x955.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-2048x1274.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-241x150.png 241w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-563x350.png 563w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139-788x490.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1139.png 1280w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: X/AliceCrypto</em></strong>
 </figcaption>
</figure>
<p>Furthermore, a breach above the $5.00 level could lead to a near-term target of around $6.17, providing a shorter-term objective for traders. The combined daily and 4-hour analyses underscore a positive trend backed by volume, aligning with Alice Crypto’s prediction.</p>
<h2 class="wp-block-heading" id="thorchain-rune-price-primed-for-a-bullish-move">THORChain (RUNE) Price Primed for a Bullish Move</h2>
<p>Pedro Teixeira shared his bullish outlook on <a href="https://captainaltcoin.com/why-is-thorchain-rune-price-up-heres-the-bullish-outlook/" target="_blank" rel="noopener noreferrer nofollow">RUNE’s price</a>, describing it as “primed for a big move.” He identifies a series of higher highs and higher lows on the daily chart, indicating a well-supported uptrend.&nbsp;</p>
<p>A diagonal trendline runs beneath RUNE’s recent price actions, providing a level of dynamic support. Pedro Teixeira points to the $6.00–$6.50 range as a significant resistance zone. Should RUNE close above this area, it may open up further upward potential, aligning with Teixeira’s target levels of $7, $9, and eventually $12.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="577" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-1024x577.png" alt="" class="wp-image-574536" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-1024x577.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-767x432.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-1536x865.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-2048x1154.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-266x150.png 266w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-621x350.png 621w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1138.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/Pedrot14crypto/status/1851147679054619057" target="_blank" rel="noopener noreferrer nofollow">X/PedroTeixeira</a></em></strong>
 </figcaption>
</figure>
<p>The RUNE chart also features shaded zones around $5.50, signaling areas of interest where traders could find potential entry points if the price retraces. Additionally, shaded blue regions represent Fibonacci retracement levels, indicating areas where buyers have historically shown interest. Volume remains a key factor in Teixeira’s analysis; if RUNE sees an increase in volume at higher price levels, it could validate the bullish structure.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/elite-analyst-warns-dogecoin-holders-that-was-quick-is-0-20-next-for-doge/" target="_blank" rel="noopener noreferrer nofollow">Elite Analyst Warns Dogecoin Holders: ‘That Was Quick’ — Is $0.20 Next for DOGE?</a></em></strong></p>
<h2 class="wp-block-heading" id="volume-and-momentum-as-key-drivers">Volume and Momentum as Key Drivers</h2>
<p>PENDLE and RUNE are benefiting from increased volume, which typically supports sustained price movement in the crypto market.&nbsp;</p>
<p>For PENDLE, volume is pushing the token toward a potential breakout level, while for RUNE, momentum and volume are critical in clearing resistance zones and reaching Teixeira’s higher targets. The emphasis on volume aligns with both analysts’ tweets, highlighting the role of buying pressure in confirming bullish trends.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/pendle-shows-strong-momentum-while-thorchain-rune-price-targets-new-highs-heres-the-outlook/" rel="noopener noreferrer nofollow">PENDLE Shows Strong Momentum, While THORChain (RUNE) Price Targets New Highs – Here’s the Outlook</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

PENDLE Shows Strong Momentum, While THORChain (RUNE) Price Targets New Highs – Here’s the Outlook

Table of Contents

CaptainAltcoin

Other articles published on Oct 29, 2024

Nutrabit Launches ‘1,000 Ambassadors Wanted’ Campaign with Competitive Rewards

Maker (MKR) Price Predicted to Hit $3000?

President Biden Thanks Nigeria for Executive’s Release

Solana Surpasses Ethereum in Daily Transaction Fees for a Reason, Ranks Fifth in Market Revenue

AI Crypto Trading: What Is It?

GoPlus Launches SafeToken Protocol For Secure Memecoin Deployment

Join our free newsletter for daily crypto updates!