THETA price Archives - Coin Engineer https://coinengineer.net/blog/tag/theta-price/ Btc, Coins, Pre-Sale, DeFi, NFT Tue, 20 May 2025 12:53:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png THETA price Archives - Coin Engineer https://coinengineer.net/blog/tag/theta-price/ 32 32 THETA Breaks Downtrend: Is A New Rally Brewing? https://coinengineer.net/blog/theta-breaks-downtrend-is-a-new-rally-brewing/ https://coinengineer.net/blog/theta-breaks-downtrend-is-a-new-rally-brewing/#respond Tue, 20 May 2025 14:30:47 +0000 https://coinengineer.net/blog/?p=42781 There’s a renewed sense of movement in the altcoin market, and THETA is at the center of attention. After a prolonged period of decline, the token has finally broken its descending trend on the daily chart. Following the breakout, THETA saw a short-lived upward push. However, the price was quickly rejected at the 1.08$ resistance

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]]> There’s a renewed sense of movement in the altcoin market, and THETA is at the center of attention. After a prolonged period of decline, the token has finally broken its descending trend on the daily chart.

Following the breakout, THETA saw a short-lived upward push. However, the price was quickly rejected at the 1.08$ resistance level, indicating that bullish momentum still faces significant barriers. At present, the direction of the price remains uncertain.

Seeking Stability: Key Support Being Tested

Currently, THETA is attempting to hold the 0.84$ – 0.73$ support range. This zone is critical for price stability. A breakdown below this level could trigger a deeper correction towards 0.65$.

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For traders, this support band represents a key decision zone — whether to enter new positions or manage existing ones. Especially for short-term strategies, the outcome at this level will be pivotal.

Breaking Resistance Could Open New Targets

In a bullish scenario, a strong move above the 1.08$ resistance with volume could pave the way toward 1.30$ levels. Such a move would likely signal the beginning of a fresh upward trend for THETA, but it requires confident buying activity to materialize.

THETA
THETA/USDT pair daily chart.

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The post THETA Breaks Downtrend: Is A New Rally Brewing? appeared first on Coin Engineer.

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