Theta Network receives a strong long-term technical score of 89 Investors watchResearch based on historical marketing patterns. A proprietary scoring system weighs price movement from recent months to a year, analyzes a coin’s support and resistance levels, and compares it to long-term averages to determine strong buy-and-hold opportunities. THETA has long-term technical analysis results superior to over 89% of cryptos currently in circulation. This rating scale is very useful for buy and hold investors looking for strong consistent growth in their asset allocation. Coins with high long-term and short-term technical points help point to downtrending assets, giving investors an opportunity to ‘buy the dip’.
Marketing analysis
The current trading price of $1.11000000 for THETA is $0.1900000 (20.75%) above the coin’s 100-day moving average of $0.920000000. Meanwhile, THETA is $0.4000000 above the 52-week low of $0.71000000 and -$3.27000000 (-203.12%) above the 52-week high of $4.38000000000 (-1394.79%). Theta Network’s current price relative to the coin’s long-term average and 52-week high and low, crypto gives a strong long-term technical point of 89. Theta price movement and range suggests that investors are neutral on the coin. time. Theta Network has a total market capitalization of $1,107,670,388.52 and a high average daily volume of $246,676,611.92 in a typical 24 hour period. Since the last 24 hours, the volume of THETA has been below average, with a total of $22,525,409.68 exchanged. A subset of this coin is decentralized finance: DeFi, or decentralized finance, coins were created as an alternative to traditional financial institutions. These tokens are designed to ease the need for brokers, exchanges and/or banks to offer traditional financial products or services without the need for a central authority using smart contracts.
Summary
Last year’s Theta Network technical analysis on the crypto long-term received a technical point of 89. The price action has caused traders to be neutral on the coin in the long term. Click here for the full report by Theta Network (THETA).
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