The theta network coin appears to be in recovery stage, just above the 2022 year's lowest trading zone.
Theta coin is watching near the 50-day moving average after maintaining a price above the 20-EMA.
Stoch RSI provides notification of overbought areas in the context of the daily price chart.
Theta coin's daily price chart is trading above the 50-day moving average after the crypto price remained well above the 20-EMA line (white). The bulls need to cross the 50 EMA for further upside.
The Theta Network coin is trading at 0.00007357 satoshis concerning the bitcoin pair, which is up 3.79% in the green zone.
Stoch RSI is looking at the overbought area in the context of the daily price chart. At the time of writing, the values of the K and D lines seem to be above the 85-level.
The Average Directional Index (ADX) is trending lower and the ADX is now at 7-point, suggesting extreme sideways territory for the Theta coin.
Last night's bulls attempted to push the Theta network price higher but failed to close the daily candle above it. Now once again, buyers are aiming to manage the asset price above the 50-EMA. Traders should wait for confirmation above the bullish barrier before making any long positions.
Resistance level- $4.5 and $6
Theta coin is watching near the 50-day moving average after maintaining a price above the 20-EMA.
Stoch RSI provides notification of overbought areas in the context of the daily price chart.
Theta coin's daily price chart is trading above the 50-day moving average after the crypto price remained well above the 20-EMA line (white). The bulls need to cross the 50 EMA for further upside.
The Theta Network coin is trading at 0.00007357 satoshis concerning the bitcoin pair, which is up 3.79% in the green zone.
Stoch RSI is looking at the overbought area in the context of the daily price chart. At the time of writing, the values of the K and D lines seem to be above the 85-level.
The Average Directional Index (ADX) is trending lower and the ADX is now at 7-point, suggesting extreme sideways territory for the Theta coin.
Last night's bulls attempted to push the Theta network price higher but failed to close the daily candle above it. Now once again, buyers are aiming to manage the asset price above the 50-EMA. Traders should wait for confirmation above the bullish barrier before making any long positions.
Resistance level- $4.5 and $6
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.