The price of Theta Network (THETA) has surged to over $1.70, and buyers are expecting it to reach the $2.50 mark. The breakout from a consolidation range and the rise above the 200-day EMA and key Fibonacci levels indicate a bullish revival for Theta Network. The immediate target for Theta's price is $1.95, with the potential for a further breakout to the $2.50 psychological mark. However, the RSI approaching the overbought zone suggests a possible minor pullback before continuing the upward trend. If the price drops below $1.59, it may retest the 200-day EMA at $1.4298.
- Content Editor ( thecryptobasic.com )
- 2024-11-19
Theta Price Soars 71%, Eyes $2.53 as Bullish Momentum Builds