BTC$49 177.82


ETH$4 092.88


Binance Coin








THETA: The Life After the Pump

July 2020

Before the end of May, Theta had been one of the hottest altcoins in the market that experienced a massive 190% pump in just sixteen days, or the 320% price increase, if we take into account the upper wick on the daily candle on May 27. But that cycle of bullish price activity is now over, having reached the all-time high at $0.59 and then had a 65% correction, or a 50% one from the close of the daily candle at the top of the bull rally.

After fifteen days of continuous descent, the price has finally begun to consolidate at $0.22, which is now considered a fair average cost of THETA, the cryptocurrency that powers a decentralized streaming network. But even despite a considerable retracement, Theta still maintains a positive long-term growth profile, as it outperforms the two most dominant cryptocurrencies by triple digits.

THETA gains/losses profile

We believe that THETA holds great potential for future (but not immediate) gains, mainly because of its solid fundamentals that provide for the censorship-free, unregulated streaming of video content, something that centralized platforms like Twitch, and especially YouTube, is severely lacking. However, the mentioned platforms also pose an immensely tough competition for THETA that would have to lure users away from the established ecosystems that guarantee an enormous fan base. But that is the matter of a relatively distant future, whereas right now, traders have to ponder over the current price action in order to pick the right moment to start acquiring the position in this market.

The correction still lingers

On the weekly time frame, THETA appears to be establishing firm support at $0.2, having interacted with that particular area for the past three weeks. The question now is whether the 42nd cryptocurrency would be able to entrench at that level, or should traders expect another pullback and the aggravation of the downtrend.

1-week THETA/USDT chart

The next two weekly candles will be of immense importance for determining THETA's future course of action, although presently, there are more prerequisites for another bearish period. MACD provides clear hints at the looming price depreciation. The main line of the indicator has already bounced off the overbought extreme at 0.04 and is now bending towards the signal line, crossing which would lead to a tangible price decrease, possibly even to the 50-period EMA. A bearish crossover on MACD could result in another 30% pullback, although it would still allow THETA to maintain the uptrend structure since that would literally be the first higher low after the price of the altcoin had bottomed out from the all-time low at $0.039, recorded on March 13.

Besides, the indicator shows that the bullish cycle is running its course and will soon be balanced out by the sellers' activity. The 14-period RSI runs flat along the line at 60, reflecting the current stagnation in the market, although it only needs a little push to start going downhill.

1-day THETA/USDT chart

On the daily time frame, though, MACD has already crossed into the bearish territory, while Stochastic is actually painting a bullish divergence, which combined with the neutral stance of RSI, has a chance to cling onto $0.2 and maintain the range, but we estimate a 70% probability for THETA to go through another pullback after it resolves the descending triangle to the downside. 

Author: Alex Paulson for


Theta Token (THETA): The Correction Has Commenced, As Predicted
Theta Token (THETA): The Correction Has Commenced, As Predicted
Theta Token (THETA): The Rally Is Nearing Its End
Theta Token (THETA): The Rally Is Nearing Its End
THETA Sees Revival After a Mild Correction
THETA Sees Revival After a Mild Correction
Theta Token (THETA): Bull Flag Before the Rally
Theta Token (THETA): Bull Flag Before the Rally
Theta Token Delighting Both Gamers and Traders
Theta Token Delighting Both Gamers and Traders

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 76% 49 $49 177.82 -7.92% -10.53% $929 035 044 566 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 82.8% 34 $4 092.88 -2.38% -0.69% $485 446 527 829 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 81.2% 30 $563.52 -4.86% -7.33% $93 995 664 394 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 95.6% 1 $0.999981 -0.03% 0% $74 156 265 433 USDT 7 days price change
5 Solana (SOL) SOL Solana predictions 72% 60 $203.61 -3.36% 4.31% $62 231 324 330 SOL 7 days price change
6 Cardano (ADA) ADA Cardano predictions 67.6% 67 $1.42 -8.66% -8.56% $47 386 208 203 ADA 7 days price change
7 XRP (XRP) XRP XRP predictions 71.2% 64 $0.847073 -8.28% -10.87% $40 021 926 228 XRP 7 days price change
8 USD Coin (USDC) USDC USD Coin predictions 96% 2 $0.999590 -0.04% -0.01% $39 871 779 233 USDC 7 days price change
9 Polkadot (DOT) DOT Polkadot predictions 61.6% 74 $29.29 -12.73% -17.58% $28 929 753 364 DOT 7 days price change
10 Terra (LUNA) LUNA Terra predictions 68% 62 $74.10 13.99% 67.51% $28 735 392 986 LUNA 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 62.8% 71 $0.178634 -10.26% -13.05% $23 648 648 660 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 64% 74 $92.34 -12.64% -18.20% $22 411 255 216 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 63.6% 73 $0.000037 -7.81% -5.02% $20 467 328 342 SHIB 7 days price change
14 Chain (CRO) CRO Chain predictions 58.4% 83 $0.605372 -3.98% -24.08% $15 293 531 006 CRO 7 days price change
15 Polygon (MATIC) MATIC Polygon predictions 69.6% 59 $1.99 -10.33% 22.67% $13 980 255 925 MATIC 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.