|All Time High:|
|Market Cap: |
|The price of #THETA today is $1.12 USD.|
The lowest THETA price for this period was $0, the highest was $1.12, and the exact current price of one THETA crypto coin is $1.11886.
The all-time high THETA coin price was $15.71.
Use our custom price calculator to see the hypothetical price of THETA with market cap of ETH or other crypto coins.
|The code for Theta Network is #THETA. |
Theta Network is 5.1 years old.
|The current market capitalization for Theta Network is $1,118,855,673.|
Theta Network is ranked #50 out of all coins, by market cap (and other factors).
|There is a large volume of trading today on #THETA.|
Today's 24-hour trading volume across all exchanges for Theta Network is $23,520,046.
|The circulating supply of THETA is 1,000,000,000 coins, which is 100% of the maximum coin supply.|
|THETA is the native coin for the Theta blockchain.|
View the full list of Theta blockchain tokens.
|A coin that is related to #THETA is #TFUEL.|
Theta announces Rob Feldman’s Earworm Media as Theta Validator Node & partner to Theta Network
We’re excited to announce that Rob Feldman’s Earworm Media, a leading NFT project on ThetaDrop (Cyko KO, Cyko Headz) has launched the newest Theta Validator Node! The validator node can be found at Theta address explorer.thetatoken.org. Feldman’s Cyko KO, a leading NFT project on Thetadrop, utilizes multiple aspects of the NFT experience from gated comic book content, unique physical redeemables and a series of 2D arcade-style games (Beat Blorto, Cyko TV Star Cards) that use NFTs to “power up” and boost player scores. Late last year, Feldman, through Earworm, joined forces with Replay to fund and produce a new animated series, Cyko KO, featuring the cast of Napoleon Dynamite (Jon Heder, Efren Ramirez, Tina Majorino and Jon Gries) which is set to premiere on Replay’s Rewarded TV this year. “We are beyond excited to partner with Theta. I was a fairly early adopter when I started streaming on Theta TV and never lost sight of its capabilities, particularly with their rollout of Thetadrop NFTs”, said Rob Feldman, creator of Cyko KO and owner of Earworm Media. “Fast forward to now, we are psyched to further explore the capabilities of Metachain alongside amazing talent like Fuel Foundry and Austin Patkos and continue to push the limits of Theta’s incredible technology with original content creation.” The Theta validator group continues to grow into a diverse cross-section of the different stakeholders in the ...
Metachain Cross-chain Bridging Guide
Bridging assets between Theta Mainchain and different subchains can be done via the Theta Web Wallet. First, login to your Theta Wallet. You will see a new menu option for Cross Chain Transfer. This new menu will prompt you to select the chain/subchain you wish to transfer to (in this case “Playground (360888)”, the new Developer Playground subchain), the asset to transfer, and the amount of tokens to transfer. The destination address is preset as the cross-chain transfer will always be made to the corresponding address on the destination chain. Click Transfer to complete the transfer. To verify the transfer has been completed, you can click the menu in the upper left that says “Mainnet / Main Chain”, then switch to the Mainnet network “Playground (360888)”. You can now see your address on that subchain and the tokens we transferred to it. To transfer back from a subchain to the Main Chain, simply follow the same procedure while logged into the subchain wallet, and select Main Chain as the destination wallet. Note: At this time subchains will be added to Theta Wallet and Theta Explorer via whitelist by Theta Labs. Any Theta subchain can be added to Metamask using the Add Network feature, and in the future that feature can potentially be added to Theta Explorer/Wallet as well. You can also click on “View all transactions on explorer” above your transaction list to see this address’ history on Theta Explorer, ...
Introducing the Theta Metachain — The blockchain architecture purpose-built for Media and…
Introducing the Theta Metachain — The blockchain architecture purpose-built for Media and Entertainment enterprises entering the Web3 space - Today marks the start of a new era for Theta blockchain — the launch of Theta Metachain, the blockchain architecture purpose-built for Media and Entertainment enterprises entering the Web3 space. With this upgrade Theta blockchain will gain the high transaction throughput, customization, and reliability that is necessary for leading Media and Entertainment enterprises to bring their millions of users onchain. Theta Metachain is an interconnected network of blockchains, a “chain of chains”. It will allow permissionless horizontal scaling of the Theta blockchain network in order to achieve potentially unlimited transactional throughput and subsecond block finalization time. This enables a customizable, highly scalable blockchain tailored for emerging Web3 businesses in the media and entertainment space. Media and Entertainment companies face a number of challenges today. The Streaming Wars are leading to increased competition, decreased profits, and declining subscriber numbers. On the other hand users are burned out by too many subscriptions and too high costs. Blockchain monetization models using NFTs or tokens can package and gate content in creative new ways that serve better for the content owner/creator and the consumer, breaking the cycle of bad user experiences. T...
Symbiote Creatives, creator of Fuse Wars blockchain game, joins Theta Metachain as launch partner
We’re thrilled to announce that Symbiote Creatives, developer of the highly-anticipated Fuse Wars blockchain game, has joined Theta Metachain as launch partner! Symbiote Creatives (SC) is a family of entrepreneurs, creators, builders and experts. The team, led by founder Ivory Jones, has previous experience at AWS, Oracle, Google, SunGard, Ethereum, Unreal, Unity, and other leading companies in the tech and gaming space. Symbiote Creatives offers solutions to gaming developers to integrate their games with full blockchain and Web3 capabilities. By basing their blockchain integrations exclusively on Theta Metachain, they can deliver on their promise of unlocking innovative GameFi earnings solutions. “Symbiote Creatives is honored to be a part of the expansion of the Theta Labs ecosystem of projects and creators. Theta’s innovations such as Theta Video API and NFT-based DRM, as well as the continued addition of numerous other technology patents have fully convinced us, more than ever, that the Theta blockchain provides the perfect infrastructure upon which to successfully build our project”, said Symbiote Creatives founder Ivory Jones. “Now, as the Theta blockchain evolves once again with the upcoming release of Mainnet 4.0, we are excited by the new possibilities opened up by becoming a Metachain partner of the Theta Labs ecosystem including but not limited to edge node storage of NFT data, and increased utilities pe...
Immersive Enterprise Laboratories (IEL) announced as the latest launch partner for Theta Metachain
We’re thrilled to announce that Immersive Enterprise Laboratories (IEL) has become a launch partner for Theta Metachain’s December 1st release. IEL joins other announced partners like Fuse Media, Replay, and TrooVRS who plan to create their own subchains on Theta Metachain. Immersive Enterprise Laboratories (IEL) is an Animation and Web3 Entertainment studio, now emerging from stealth and on a mission to deliver the next generation of entertainment and experiences. The IEL team is comprised of technology veterans and creators from the entertainment industry who are on a mission to produce the experiences needed to bring Web3 Entertainment to life. Their storytelling abilities, artistic expertise, and proficiency in entertainment technologies enable them to create compelling and engaging experiences. IEL is led by Daniel Urbach — Chief Creative Officer, and Blake Baxter — Chief Executive Officer. Daniel co-founded WonderFirst — Impossible Science, and has 20 years of experience in animation working with Disney, Sony, Fox, Cartoon Network, Apple, Netflix, and Comicon HQ. Blake holds advisory board positions at multiple companies in the Blockchain, Impact Investing, Entertainment Technology, Media, Supply Chain, and Web3 spaces. He has 15 years of experience as a strategic advisor for ultra-high net-worth and family offices, as well as 10 years in venture capital and private equity. ”We are greatly honore...
Tad Ro, SVP of Product Management at Pluto TV, joins Theta Metachain Council
We’re thrilled to announce that Tad Ro, SVP of Product Management at Pluto TV (a Paramount company), has joined the Theta Metachain Council to advise on media strategy and global user adoption strategy. As Theta prepares its Mainnet 4.0 this December with the launch of the Metachain, the company continues to build Web3 products and infrastructure to support the media and entertainment space. Tad will be a key advisor ensuring we are creating a product-market fit for media companies and high impact go-to-market strategies. Tad is a senior executive in product management, design, UX/UI, digital media strategies, and developing interactive, multimedia entertainment products across OTT/Connected TV, Mobile, and Web platforms. His passion and background lives at the intersection of product, technology, and consumer behavior, where he’s created valuable product experiences for consumers and delivered them end-to-end across platforms at scale. He began his professional career in product management at Rhapsody, in the early stage as a digital music startup. He subsequently held key product leadership positions at Verizon Digital Media, TMZ / Warner Bros, Virgin Mobile, and LiveXLive. Over the course of his career, Tad has been a force for innovation in each of those roles, notably being a key driver in TMZ’s adoption of online video, which has now become a major media segment for the entertainment news source.“I’m fascinate...
Metachain testnet is now live, with the first subchain deployed for Replay
Theta Metachain has reached an important milestone on the way to production release in December. We’re happy to announce that the Metachain testnet is now live! The first demo subchain has now been deployed to Testnet for use in testing by Replay, the video tracking and payments platform built on Theta. In the coming weeks, Theta Wallet will be updated to allow Theta community developers to test as well, with support and documentation for cross-subchain token transfers. Theta Metachain is an interconnected network of blockchains, a “chain of chains”. It will allow permissionless horizontal scaling of the Theta blockchain network in order to achieve potentially unlimited transactional throughput and subsecond block finalization time. This enables a customizable, highly scalable blockchain tailored for emerging Web3 businesses in the media and entertainment space. The Metachain consists of one “main chain” and an unlimited number of “subchains”. Just as “meta-” as a prefix refers to something that transcends or is more comprehensive than the subject, ex. metaphysics describing what exists beyond physics, Theta Metachain refers to an overarching “main chain” above many purpose-specific “subchains”. The “main chain” in this case refers to the existing Theta mainnet. Theta will offer an easy-to-use SDK that developers can quickly use to launch a subchain and plug it into the main chain. Since each subc...
Theta announces RJ Williams, CEO of Young Hollywood, to join Metachain Advisory Council
We’re pleased to announce that RJ Williams, CEO of Young Hollywood, has joined Theta’s Metachain Advisory Council. As media companies begin plans to build on Theta Metachain like Fuse, trooVRS, and more coming soon, RJ will advise on how they can best leverage blockchain technology to reach their users. Started in 2007 by Williams, Young Hollywood is the Leading Celebrity Influencer and Lifestyle Network for Millennials. Young Hollywood is available on digital, social, television and mobile in over 160 countries and in over 120 million homes. In addition to financing, producing and distributing over 500 hours of original programming annually, the company’s activities include owning and operating ten leading entertainment digital platforms, a 24-hour OTT Network serving nearly 160 million subscribers and licensing the Young Hollywood trademark internationally for a range of consumer products and services. Clients have included Fortune 500 brands such as Subway, H&M, Unilever, Electronic Arts, and Coca-Cola. Young Hollywood also owns a library of over 8,000 hours of evergreen content across multiple genres, garnering billions of views to date via its growing distribution network, which includes Apple TV, Amazon Channels, Roku, Rakuten, Vizio, Samsung, LG, TCL, Xiaomi, YouTube, and over 50 others. RJis a natural to head up one of the fastest-growing entertainment brands, having grown up in the entertainment industry a...
Theta Validator unstaking to accelerate future ecosystem growth
For the past several years Theta Labs has unstaked certain amounts of THETA tokens from the project treasury in order to fund ecosystem growth, decentralize the Theta protocol and expand enterprise validators now up to 25 including Google, Samsung, Sony, CAA and others. These efforts have been successful with an explosion of new Theta projects emerging in the past year, from Replay video payments tracking and their new platform Rewarded TV, to NFT projects like Passaways and Secret Pineapple Society, to decentralized ticketing services like Metapass. Here’s a complete list of Theta ecosystem partners — www.thetatoken.org. With Theta Metachain due for release as Mainnet 4.0 in Q4 2022, many more will be joining them to take advantage of the Metachain’s highly customizable and infinitely-scalable subchain architecture. We’ve also made incredible strides in developing decentralized Web3 tools for video and media, such as decentralized video encoding, livestreaming support for the Theta Video API, and the first-ever implementation of NFT-based DRM. Despite markets struggling this year in crypto and around the world, the Theta ecosystem remains in a strong position for future development and increased adoption globally. Theta Labs plans to unstake a small portion of its treasury — 15M THETA out of the total 165M treasury staked — to accelerate the momentum in core protocol development, community development ...
Theta adds Dr. Mark E. Deschaine of the University of Mississippi to the Theta Advisory Council
Theta announces Dr. Mark E. Deschaine, Associate Professor at the University of Mississippi, to join Theta Advisory Council - We’re pleased to announce that Dr. Mark E. Deschaine, Associate Professor at the University of Mississippi, has now joined the Theta Advisory Council. Dr. Mark E. Deschaine is an Associate Professor of Educational Leadership at the University of Mississippi. At Ole Miss, Dr. Deschaine helps prepare future school and district educational leaders in the MA, EdS, EdD, and PhD degree programs. Mark did his doctoral studies at Western Michigan University, earning a Doctor of Philosophy Degree in Educational Leadership. Mark is the Editor of the Journal of Contemporary Research in Education (JCRE). He also serves as a Research Fellow with the Michigan Virtual Learning Research Institute (MVLRI). Dr. Deschaine’s research agenda examines the ways theory, technology, policy, and processes support educational leaders in their implementation of effective differentiated programs and instruction for all students. Dr. Deschaine has been a long-time supporter of Theta, organizing community groups such as the Theta Research Squad and advising projects like Symbiote Creatives and ThetaCon. As an advisor for Theta he is focused on educational initiatives such as an upcoming program to increase the Theta developer community in preparation for Theta Metachain launch in December, as well as how to use Theta Video API ...
More Theta Network (#THETA) News
|THETA Breaches $1 Level Courtesy Of Solid On-Chain Developments
Streaming services have become a big part of the modern society. Theta Network is building that kind of tech for the Web 3 space.
The network’s native token THETA has been going bullish in the past few weeks as a result of on-chain developments and the reversal of the sentiment on cryptocurrencies.
According to CoinGecko, THETA rose 15% in the bi-weekly timeframe along with other altcoins. The network has been revving up development with the recent alpha release of EdgeStore, Theta Network’s decentralized storage solution.
Boosting The Network
In their January 20 blog post, the development team detailed how this new way of storing data can help the network and Web3 progress.
The EdgeStore solution would be a decentralized way to store Web3 content. This will run on the Theta Edge Nodes which already has the ability to encode and transcode content.
The fear, uncertainty, and doubt surrounding the cryptocurrency market has not stopped the networks to grow with partnerships.
Trusted Media Brand, a Web3 entertainment firm, is now part of the growing list of Theta’s Enterprise Validator Nodes.
The list includes tech industry giants like Samsung, Google, and Sony to name a few. This would accelerate the adoption of Web3 for entertainment services.
$1 Reached - What's Next For THETA? As the time of writing, the token has breached the $1.02 resistance to hit its current price of $1.04. This drive towards $1 might have left the bulls exhau...
|Theta Network Seems To Be Struggling, Will THETA Rebound?
The Theta coin price saw a spectacular rise in the midst of the crypto market rebound. It broke above the $1.1 resistance level, giving the bulls a springboard to extend their bull run. Still, buyers who have been waiting may get another chance to buy as the altcoin gets closer to the $1.2 resistance.
However, it appears that THETA has increased too rapidly within a short time. With a 1.60% increase on the day and a seven-day chart representing a downhill trend in previous days, can we see Theta rebound to its previous highs this new month?
What To Know About Theta? Theta Network is a blockchain-based, smart-contract-powered decentralized content distribution network with a high throughput capacity. The founders of Theta Network, Theta Lab, created it as a decentralized alternative to traditional video streaming services. These days, the industry is dominated by centralized streaming services like YouTube and Netflix.
Theta Lab's goal is to compete with these established services by providing a decentralized environment with superior video quality and quicker connectivity. Additionally, they are concentrating on cryptocurrency-based gaming solutions. This requires sponsors, developers, users, marketers on the network, and content producers and consumers.
It originally debuted as an ERC-20 token. However, it launched its main net in 2019, and all ERC-20 tokens were swapped for THETA tokens at a 1:1 ratio. The network uses the power-saving Proof of Stake consensus mechanism. P...
|THETA Shows Renewed Vigor – How Far Can The Coin Push Ahead?
THETA, the 51st ranked cryptocurrency in terms of market capitalization according to online tracker Coingecko, is performing relatively well now as it stays on the green zone as far its short-term and long-term price monitoring is concerned.
THETA is all green in the charts except for its year-to-date progress
The altcoin is sitting on a 17.2% 14-day increase
A test of the $1.2 resistance zone is likely to happen for THETA
At press time, the asset is trading at $1.16 and is up by 1.5% over the last day. On a weekly and biweekly timeframe, the crypto increased by 16.8% and 17.2%, respectively. Moreover, the past 30 days also saw the altcoin go up by 5.9%.
It is still enjoying some residual momentum from the rally that the crypto market did just few days ago but still has long ways to go if it hopes surpass or even to just get closer to its April 16, 2021 all-time high value of $15.72.
Nonetheless, THETA is still one of the better performers of the crypto space right now but interested buyers must first consider knowing even just a little of its price analysis before making the decision to accumulate.
Diving Into THETA Price Action
Over the last two months, the crypto market was filled with uncertainty and was also plagued by massive sell-off from different assets.
THETA managed to buckle down despite all of these and in doing so had placed its price in a falling wedge pattern as it was bullish but was eventually headed to an immediate correction.
During the last five days,...
|Biggest Movers: THETA, HNT Rise Over 20%, Despite Crypto Crash
THETA was trading higher on Tuesday, as prices rebounded, moving away from multi-year lows in the process. HNT also rallied, climbing by as much as 20% earlier in today's session.
Theta Network (THETA)
THETA was one of the most notable movers during today's session, as prices gained by nearly 20% earlier in the day.
Following a low of $0.9688 to start the week, THETA/USD rose to an intraday peak of $1.22 on Tuesday.
Today's surge saw THETA move away from yesterday's bottom, which is the lowest level prices have been since December 2020.
As of writing, prices are now back above $1.00, and are trading slightly above a key support point of $1.14.
Should this floor begin to stabilize, we could see bulls slowly re-enter the market, and gradually look to regain price momentum.
For this to happen, the 14-day RSI must remain above its own support point at the 40 level, and move to break past resistance of 42 thereafter.
HNT was another big mover on Tuesday, as prices rebounded, ending a streak of four straight daily declines.
Helium hit an intraday high of $10.21 earlier in today's session, which comes less than a day after trading at a low of $7.45.
Despite these declines, prices rose by as much as 23% today, moving past resistance of $9.80 in the process.
However, following the earlier breakout, momentum in HNT has slightly eased, with prices once again trading below $10.
This is likely a result of the Relative Strength Index finding a support point of its own at 50...
|Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week Hi...
Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA, which rose by as much as 13% today. THETA also climbed higher, gaining nearly 15%.
ADA was one of the most notable movers on Monday, as prices surged back towards a long-term resistance level.
Monday saw ADA/USD rally to an intraday high of $0.6435, which is the highest point it has reached since May 31.
This move, which started at support of $0.5560, saw prices climb all the way to resistance at $0.6430 to start the week.
The surge comes as price strength has rapidly increased, with the 14-day RSI now trading above a ceiling of its own at 54.
As of writing, the index is at 55.33, which is its highest reading since April 6, and a positive sign that momentum in ADA could finally be changing.
Overall, ADA is still down nearly 85% from its all-time high in September last year.
Theta Network (THETA)
THETA was also trading higher to start the week, climbing by as much as 15% during Monday's session.
Monday's rally saw prices reach an intraday peak of $1.38, which comes less than 24-hours since price was at a low of $1.20.
This move saw THETA continue to climb away from support around $1.15, and instead move closer to resistance at $1.40.
As seen from the chart, this ceiling hasn't been broken in almost one month, however after today's gain, bulls look set to test this point.
Price strength is also at a resistance point of 44.40,...
|Sony Partners With Theta Labs to Launch 3D NFTs for Its Spatial Reality ...
Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and are designed for three-dimensional viewing.Sony 3D NFTs to Enhance Spatial Reality Display Features
The Japanese multinational conglomerate corporation Sony is working with Theta Labs, the creators of the Theta blockchain. The Theta project is described as a decentralized video streaming network or video delivery network with its own native crypto asset, theta network (THETA). According to Sony's announcement sent to Bitcoin.com News, the electronics giant plans to issued ten 'Tiki Guy' NFTs, and the firm is issuing two-dimensional versions as well.
The NFTs are created for the Sony Spatial Reality Display (SRD), a tablet that leverages technologies like augmented reality and 3D enhancements. Sony's official Youtube channel published a video that showcases the SRD device and the aforementioned technologies the tablet leverages.
'Our legacies of cutting-edge visual and spatial realities combine in an incredible 3D optical experience where detailed texture, high contrast, and luminous brightness come together to create a portal to another world,' Sony's video description explains.
Sony Exec: 'NFTs Are a Great Way to Showcase the Potential of Sony's SRD'
SRD plans to incorporate NFTs and metaverse concepts into the device's offerings and Nick Colsey, Sony's VP of business develop...
|Biggest Movers: RUNE and THETA Fall by Over 10% on Monday
THETA and RUNE are trading over 10% lower to start the week, as recent declines in the crypto market extended during Monday's session. As of writing, the global cryptocurrency market cap is down nearly 5%.
In addition to BTC and ETH, RUNE also fell to a three-week low to start the week, as bearish pressure mounted in crypto markets.
Following a high of $9.47 on Sunday, RUNE/USD fell to an intraday low of $8.06 during today's session, as prices fell to their lowest point since March 25.
This drop sees RUNE hit its long-term support point at $8.08, after trading near its resistance of $12 almost a week ago.
Looking at the chart, today's move comes as price strength failed to move beyond the ceiling of 50, which then prompted bears to send prices lower.
The decline in price strength came as momentum also declined, with the 10-day and 25-day moving averages preparing for a downwards crossover.
As of writing, the Relative Strength Index (RSI) is sitting at its lowest point since February 27, however some still expect further falls in price.
Theta Network (THETA)
Like RUNE, THETA was also down by over 10% during Monday's session, as it fell for a second consecutive session itself.
THETA/USD hit a bottom of $3.03 to start the week, which is its lowest point since March 25, and this comes as the long-term floor was broken.
This support level at $3.30 caved in as prices fell for the ninth time in eleven sessions, as THETA's value dropped by over 20% in the last w...
|Technical Analysis: Fantom Climbs Close to 10% Higher, While THETA...
Fantom was trading by almost 10% higher during Wednesday's session, as the crypto market was marginally up. Despite this, there were a few notable bears, THETA being one of them and was down by as much as 5% earlier in the session.
Fantom was one of Wednesday's biggest bulls, and was up close to 10% earlier in today's session, cementing its place as the world's 30th largest cryptocurrency.
Today's rally in FTM/USD came as prices rose from the long-term support of $1.51, and look set to move towards resistance of $2.30.
The price of FTM rose to an intraday high of $2.07 on Wednesday, following a low of $1.78 less than 24-hours ago.
As of writing this, fantom was trading 9.57% higher, as the 14-day RSI rose to its highest level since January 31.
This rise in price strength has also seen the RSI move closer to its own resistance point of 54.11, which is a stone's throw away from its current point of 52.02.
From the chart, it appears that bulls have yet to liquidate positions, and could be targeting higher highs from FTM.
Although it was not a red wave, there were several cryptocurrencies hovering in the red during this hump-day session.
Following two consecutive days of gains, THETA turned bearish on Wednesday, and as of writing, is trading by over 2% lower on the day.
However, this was not today's biggest loser, that honor went to FLOW, which as of writing was down 3.10%.
FLOW/USD hit an intraday low of $6.36 on Wednesday, following an ear...
|Technical Analysis: THETA, GALA, and SAND Lead Weekend Crypto Bears
THETA, GALA, and SAND were some of Saturday's biggest cryptocurrency casualties, as an onslaught of bearish pressure pushed prices lower. This came whilst market bulls were few and far between to begin the weekend.
As of writing, DOGE and LUNA were both marginally higher, however it was XRP that made the most gains within the crypto top 100 this Saturday.
Despite the majority of cryptocurrencies remaining in red, XRP is up nearly 6% as of writing, following two days of strong bullish sentiment.
XRP/USD rose to an intraday high of $0.8237 on Saturday, following a low of $0.7603 during the session prior.
The move came as prices extended their climb from support at $0.7550, and they now seem to be heading for a resistance level near $0.8505.
Despite XRP being potentially set for many gains, this could be thwarted by the 58 level on the 14-day RSI, which appears to be a point of uncertainty.
Should prices manage to reach resistance, however, history has shown that a significant amount of bearish activity takes place at said level.
GALA and the sandbox were some of the biggest cryptos to fall on Saturday, as the red wave was truly present to start the weekend.
However, the price of THETA fell for a third straight session, and now sits below its recent support level of $3.25.
THETA/USD fell to an intraday low of $3.09 during today's session, and is down close to 5% as of writing.
Prices fell by almost 10% earlier today. However, following t...
|Technical Analysis: ATOM Hits 1-Week High — AXS, LEO, THETA Dip Lo...
Despite Thursday's selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday's big gainers, THETA, slipped in today's session.
Cosmos (ATOM) moved higher in today's session, despite the global cryptocurrency market cap falling by over 3% as of writing.
ATOM/USD rose to a peak of $30.79 earlier today, following its climb from yesterday's low of $27.97.
This recent surge in the price of ATOM, comes after a Valentine's day bounce of its support level at $25.90.
Since being hit by cupid's arrow, ATOM/USD has had four consecutive sessions of higher highs, leading to Thursday's run.
Today's move also saw ATOM break out of its resistance level at $29.20, however as the day progressed, profit-takers liquidated positions, leading to the 1D candlestick fading.
This false breakout has also seen the 14-day RSI held at resistance of 47, a level which it has been unable to climb over in the last 10-days.
Should price strength be lessening, we may soon see some consolidation in the price of cosmos.
Although SAND, AXS, and LEO were all deep into the red on Thursday, it was THETA that fell by the most in the top 100.
Coming off the back of a $3.98 high yesterday, THETA fell to a low of $3.60 during today's session, nearing a 10% loss in the process.
Thursday's selloff began after prices approached the resistance of $4.00, and now look set to fall to support at $3.48.
Price strength also fa...
|Technical Analysis: AVAX Enters Crypto Top 10, as NEO, THETA Also Gain
AVAX climbed into the cryptocurrency top ten on Wednesday, following a three-day winning streak. Today's move comes as THETA and NEO were also higher, despite the current market uncertainty.
Although the majority of the crypto top 100 was underneath a red wave, there were a few exceptions, which managed to surf above this.
These include NEO, and THETA which were up between 4-8% respectively, however, today's most impressive bull was AVAX.
The price of avalanche (AVAX) rallied for a third consecutive session, with today's surge taking AVAX into the top ten crypto's by market capitalization.
AVAX/USD rose to its highest level since January 12, hitting an intraday peak of $97.05 in the process.
Although, as prices hit the recent resistance of $97.10, profit-takers began to liquidate their positions, which led to avalanche falling from its high.
The profit-taking came as price strength found some resistance, with the 14-day RSI hitting its ceiling of 62, an area which has halted bullish momentum in the past.
AVAX has mainly trended upwards in the last three weeks, and should this RSI level be broken, prices will likely surge past the $100 mark.
Despite cryptocurrency markets being down 0.77% as of writing, there was no definitive bear of the day, as drops in price were marginal.
Some notable mentions however have been zcash (ZEC), and CELO which both fell by as much as 4% on the day.
However, Wednesday's biggest loser, relatively speaking, w...