Theta does it again: Cheer up for the 3rd day in a row

The hour view for theta

  • Currently the price of THETA is Decrease of $ -0.02 (-0.3%) from the hour before.
  • This train is a reversal from the hour before the price rose.
  • As for the trend in the hourly timeframe, we see that clearest trend in the 50-hour period.
  • As for the moving averages, the first thing to note is that the price is the 20th hourly moving average which causes the price to be now turn underneath. The hourly time frame moving averages suggest an inconsistent price as the 20, 50, 100, and 200 are all in a mixed alignment – meaning the trend is inconsistent across the time frames, suggesting potential Opportunity for Rangebound traders.

Theta’s hourly price chart is shown below.

The day view for theta

  • At the time of this writing, the price of THETA is up $ 0.05 (0.74%) from the day before.
  • It was a feast for cops operating on the daily timeframe as theta is now gone up to 4 of the last 5 days.
  • As for the trend in the daily timeframe, we see that clearest trend in the 100-day period.
  • It is noteworthy that the directions on THETA changed after 50 days; it is now facing up. The moving averages of the daily time frame suggest an inconsistent price as the 20, 50, 100 and 200 are all in a mixed alignment – meaning the trend is inconsistent across the time frames, suggesting potential Opportunity for Rangebound traders.

Below is a daily price chart of theta.

THETA

The latest from THETA’s BlockchainTA

  • THETA has an average transaction value of 242.6677, 19.16% less than on the previous day.
  • Over the past 44 days, the trend in the number of active addresses from THETA has been restless and unclear. It fluctuates between 12 and 117.
  • The number of new addresses from THETA every day is now 10.

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