- The THETA coin price is currently in an upward trend and may soon cross the $ 12 mark. It trades at a profit of more than 6% in the intraday session.
- THETA’s technical indicators point to a strong upward trend in price for the future. In contrast, the THETA / BTC pair was up more than 0.5% on the intraday session
The THETA coin price is observing an uptrend on the daily chart and may soon cross the $ 15 threshold. It was up more than 5% on the daily chart and is trading near the $ 6.83 level. The asset price has risen by more than 700% since the beginning of the year.
The THETA price is currently trading above 50 and below 100 of the moving daily average and may soon cross above 100MA in the future. The 50 DMA price is currently near the value of $ 6, which makes it a temporary bounce zone for the price. The THETA / BTC pair is also experiencing strong bullish momentum, gaining 0.78% in the intraday session. A strong upward trend in the THETA price could be forecast for the future.
The coin price has fallen more than 70% from its all-time high. The THETA volume together with the market capitalization has seen a gain of more than 5% on the daily chart. The volume to market capitalization ratio of the THETA is close to 0.05, which indicates an upward trend in the price. A strong upward trend in the price could be forecast for the future
Technical indicators point to a bullish momentum for the THETA price
Source: trade view
The weekly technical chart of the THETA token price indicates an upward momentum for the price. On the daily chart, the asset price has formed bullish momentum on the daily chart. The downtrend in THETA price may stall near the $ 5 value. The upward hostile area of asset price can be seen at $ 12. If the asset price bounces above the $ 10 mark, there is strong bullish momentum. The THETA / BTC pair can continue to see strong bullish momentum going forward
The THETA Coin price is currently in an upward trend and may soon reach a new high in the future. The THETA / BTC pair may hit a new high in the future as well. An investor should exercise due diligence before investing.
Essential support: $ 5
Main Resistance: $ 12
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