• Theta price prediction shows that THETA has gained 6.62% in the last 24 hours.
• Theta is currently trading at $1.12 in a daily uptrend which could form a bear flag in the long term.
• Theta faces an uptrend as it is getting ready to trade above the upper boundary of the channel.
Theta (THETA) has been on a bullish trend over the past 24 hours, with its price rising 6.62%. The price of Theta is now at $1.12, and is trading in an uptrend which may form a bear flag in the long term. Theta is currently facing an uptrend, as it is getting ready to move above the upper boundary of the channel.
Theta’s market capitalization is currently at $1.1 billion, with a total supply of 1 billion coins. The coin is ranked #47 on Coinmarketcap. Theta’s key resistance levels are at $1.40, $1.50, and $1.60, while its support levels are at $0.90, $0.80, and $0.70.
Theta may experience a pullback if the daily low of $1.01 is breached. If this happens, the sell-off could be extended to $0.95. The bulls are hoping to keep the price of Theta above the 9-day and 21-day moving averages.
Theta has been on a bullish run for the past few days, and the current trend looks likely to continue. Investors should watch out for any potential signs of a pullback, as this could lead to a bearish trend. If the upper boundary of the channel is breached, Theta could experience a further price increase. On the other hand, if the daily low at $1.01 is breached, the sell-off could be extended.
Overall, Theta looks like a good investment opportunity for investors looking to capitalize on the current bullish trend. With its current price and potential for growth, it is a coin to watch out for in the coming days.