• The Theta price prediction shows that THETA has gained 6.62% over the past 24 hours, with the next resistance level possibly at $1.20.
• The daily chart for THETA/USD shows an uptrend and potential bear flag in the long term.
• Against Bitcoin, THETA is showing a positive sign above 9-day and 21-day moving averages, currently trading at 487 SAT close to the upper boundary of the channel.
Theta Price Prediction
Theta price prediction shows that THETA gains 6.62%, and the next resistance level could be at $1.20.
THETA/USD Market Key Levels
Theta price now is $1.12, with a market cap of $1.1 billion and circulating supply of 1 billion tokens.
Resistance levels are set at $1.40, $1.50, and $1.60; support levels are set at $0.90, $0.80, and $0.70.
THETA/USD Chart Analysis
THETA/USD is seen moving from around$1.05 to cross above the resistance level of $1.,17 in a matter of hours before retreating slightly below this level.
The bulls are hoping to keep the Theta price above 9-day and 21-day moving averages while avoiding breaking below these barriers which would cause it to hit support levels of $0.90,$0..80,and 070
.
THETABTC Chart Analysis
Against Bitcoin ,the Theta (THETA) is demonstrating a positive sign above the 9- day and 21 – day moving averages .Currently changing hands at 487 SAT ,the coin is close to its upper boundaryof the channel
Conclusion
Overall ,Theta’s short – term trend looks bullish as itis heading towards crossing above its resistance levels .However ,it must stayabove its key support levels in order to avoid any further sell – offs .
