1
Theta Price fell 10% on a weekly basis and dropped below $1.00.
2
Theta coin price also drops below 50 and 200 day EMA showcase downtrend.
3
The pair of THETA/BTC is trading at 0.00003440.
Theta price fell 10% on a previous week and dropped below the $1.00 support. It hurted the market sentiment and price is showing signs of bearish trend reversal. Theta price rejected the 200 day EMA and also dropped below the 50 day EMA showcase downtrend. However, both the EMAs are sloping sideways indicating prices lacking the downside momentum and likely to consolidate for some more time.
Theta coin price seems to be stuck into the narrow range between $0.850 to $1.300 and likely to break either side soon. However, if the price continues to consolidate in coming months then it will be interpreted as long term base formation.
Theta price is trading at $0.0981 with an intraday decline of -0.71%. The 24 hour volume to market cap ratio is 0.0124. A
We współpracy z: https://www.thecoinrepublic.com/2023/05/01/theta-price-dropped-below-1-is-more-correction-possible/
