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THETA Price Analysis: THETA Retests 2 Month Trend, Will Bulls Take It Past $8.00?

source-logo  coingape.com 10 August 2021 09:45, UTC
  • Theta price has risen 25% the last week
  • Theta Price just confirmed a 2 month long downtrend
  • 100MA is now holding as support

Theta price had an astonishing run the last year as prices rose 1000s of percent. The use case for THETA around decentralized media is one of great utility & investors has shown their interest in it. Once a few more resistances clear, THETA price will likely show immense bullish strength back to previous levels. The majority of crypto assets have broken their downtrends fully & have been reviving strongly to previous levels of May. Soon enough, this should be the case for THETA.

coingape.com