Since October 19, THETA has increased by 50%, primarily due to the upward trend on the BTC chart, which remains a driver for the entire cryptocurrency market. Last night, the price of THETA surged by 15% once again, setting a new local high at $0.833.
Buyers still have a greater influence on the Theta Network price than sellers, making a continued upward scenario a priority. The next targets for buyers could be the resistance levels at $0.85 and $0.87, although it would be preferable to see some stabilization of the rate in a sideways range between the support zone of $0.723–$0.745 and resistance of $0.795–$0.833.
In case of a correction, THETA could drop to levels of $0.703, $0.688, and the narrow demand range of $0.660–$0.675. All of these marks are part of the upward trend, so testing them could be a logical step before moving to new highs.
Buyers still have a greater influence on the Theta Network price than sellers, making a continued upward scenario a priority. The next targets for buyers could be the resistance levels at $0.85 and $0.87, although it would be preferable to see some stabilization of the rate in a sideways range between the support zone of $0.723–$0.745 and resistance of $0.795–$0.833.
In case of a correction, THETA could drop to levels of $0.703, $0.688, and the narrow demand range of $0.660–$0.675. All of these marks are part of the upward trend, so testing them could be a logical step before moving to new highs.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.