Technical analysis by alfra about Symbol RUNE: Buy recommendation (12/8/2025)

I don’t see any significant negative shift in fundamentals — if anything, I sense a possible fundamental strengthening for THORChain. The first blue line (price above roughly $2) remains my minimum target. Given the weekly RSI levels are historically this oversold (on Binance), a bounce to the first target looks plausible. If momentum returns, a second target around $4 also seems within reach. Fundamental Strength — Why RUNE / THORChain could support higher targets Here are the main reasons why fundamentals might back a bullish move: Key utility token for a fully decentralized cross-chain swap network. RUNE is not just another “token,” but the settlement asset for all liquidity pools on THORChain — every asset that sits in THORChain’s pools is paired 1:1 with RUNE. That means every swap fundamentally requires RUNE, creating structural demand as long as usage grows. Security and network bonding increase demand — not just trading demand. Validators (node operators) must bond RUNE (often 2× the amount pooled) to secure the network. As activity, liquidity or total value locked on THORChain increases, the amount of RUNE needed for bonding rises — which can lead to upward pressure on RUNE’s price. Multi-chain, permissionless cross-chain liquidity — well positioned in DeFi infrastructure. THORChain enables native asset swaps across different blockchains without wrapped tokens or centralized intermediaries, which is a unique and attractive value proposition in DeFi. As cross-chain demand and adoption grows, RUNE’s role becomes more central. Tokenomics offer a clean setup. Circulating supply of RUNE is ~ 350 M (with total supply on protocol docs roughly ~425 M — though supply mechanisms may evolve). Because RUNE is required for all swaps / liquidity / staking / governance / security, its demand isn’t merely speculative — it’s functional. Given that structure, a rally — especially after deep oversold pressure — could very well be underpinned by real utility demand, not just speculative interest. That aligns with your bullish target zones.