Theta is Up for the 2nd Day in a Row

The Hourly View for Theta

  • At the time of this writing, THETA’s price is up $0.02 (0.29%) from the hour prior.
  • The hourly chart shows that Theta has seen 3 straight up hours.
  • If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 hour timeframes.
  • Regarding moving averages, it should first be noted that price has crossed the 20 hour moving average, resulting in them so that price is now turning above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Theta’s hourly price chart is shown below.

THETA

The Daily View for Theta

  • At the time of this writing, THETA’s price is up $0.02 (0.31%) from the day prior.
  • Theta has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls.
  • As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of Theta.

THETA

The Latest From THETA’s Blockchain

  • Over the past 45 days, the trend for THETA’s number of daily new addresses has been choppy and unclear. It has oscillated between 4 and 58.
  • For THETA, its number of daily new addresses is now at 10.
  • THETA has a daily transaction count of 18, down 10% from its value day prior.