BTC$63 645.44


ETH$4 139.22


Binance Coin








Theta Token (THETA): Bull Flag Before the Rally

It is our firm conviction that Theta Token has the potential to become a star cryptocurrency in the near or mid-term future. The reason is simple: the ecosystem behind the ERC-20-compliant token is conceptually similar to YouTube, a globally popular video hosting service that has recently initiated a witch hunt on vloggers who educate about cryptocurrencies. Add to that the increasingly strict monetization policies which are more and more reminiscent of censorship.

The process of migration to the alternative platforms has already begun, and Theta Network, with its blockchain-enabled video delivery solution, will undoubtedly become a power player in this space.

It won’t happen overnight, of course, but the tendency will persist, and given that the team behind THETA seems dedicated to expand and improve the ecosystem, while the price action is full of vigor, the prospects of this cryptocurrency look bright.

Theta Token historical price action

Without further ado, let us suggest that it is one of the few coins from the top 50 (Theta Token is ranked 49th), which traders should consider for the long play. The chart above clearly shows that the price of this currency stopped existing within the context of a downtrend at the beginning of 2019 and has been consolidating in a tight range - the upper resistance of which was at $0.16 - up till the Black Thursday. Even though the coin fell to the all-time low at $0.039 on March 13, it bounced back swiftly, having recorded only one bearish week out of the last seven.

More gains to come for THETA

Last month was particularly fruitful for Theta Token as it gained an impressive 85%, more than the widely popularized Tezos, Ethereum, and even Bitcoin. Partly, it happened due to the approaching Bitcoin halving that serves as a stimulus for the entire market, but the main reason for such a massive spurt to the upside lies in the upcoming fundamental upgrade - the launch of the mainnet 2.0 and the introduction of Guardian nodes that will establish the new consensus mechanism for video streaming that consists of two layers.

The mainnet launch will take place on May 27. Needless to say that the halving and the mainnet launch combined should give Theta Token a strong push to the upside that could either help it reach the top of consolidation range at $0.27 or even provide enough fuel for the launch of the uptrend that would set a new all-time high - the present one stands at $0.31.

1-week THETA/USDT chart

But that is a long time away - presently, Theta Token is working its way out of the double trap that comes in the form of resistance lines of both minor and secondary downtrends. THETA has already penetrated both lines - and established the presence above the 50 EMA - but it is yet to confirm the move.

Those who are more aggressive could try and long the coin at this instant, but the disciplined approach would be to wait for the emergence of the bullish flag - the pole is already there - and then see as it resolves to the upside. The aggressive traders, though, could try and take some profit at the top of the pole, which should form in close proximity to the 0.5 level on Fibonacci. After the retracement, which could eat up approximately 12%, THETA should rally to the upside.

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: The Life After the Pump
THETA: The Life After the Pump
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 62.4% 82 $63 645.44 -1.99% 7.33% $1 199 774 552 258 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 71.6% 59 $4 139.22 -1.75% 9.78% $488 553 235 728 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 69.2% 64 $494.18 2.27% 7.35% $82 429 849 478 BNB 7 days price change
4 Cardano (ADA) ADA Cardano predictions 88.4% 12 $2.19 -2.26% 1.61% $72 047 004 298 ADA 7 days price change
5 Tether (USDT) USDT Tether predictions 94.8% 1 $1.000114 0.05% -0.02% $69 621 041 076 USDT 7 days price change
6 Solana (SOL) SOL Solana predictions 71.2% 54 $208.99 12.31% 31.86% $62 869 603 263 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 71.2% 50 $1.11 -2.14% -0.86% $51 997 973 203 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 65.6% 76 $45.63 4.21% 15.04% $45 063 591 577 DOT 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 74% 57 $0.246272 -2.25% 8.04% $32 458 768 640 DOGE 7 days price change
10 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $1.000179 0.05% 0% $32 371 720 899 USDC 7 days price change
11 Terra (LUNA) LUNA Terra predictions 69.6% 63 $44.81 8.47% 21.75% $17 994 078 265 LUNA 7 days price change
12 UniSwap (UNI) UNI UniSwap predictions 72% 56 $26.75 -0.32% 4.19% $16 363 172 636 UNI 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 67.6% 64 $65.76 6.17% 19.69% $14 486 666 348 AVAX 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 63.2% 82 $63 639.39 -2.08% 7.19% $14 070 224 774 WBTC 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 68.8% 56 $199.17 -2.89% 10.96% $13 703 410 012 LTC 7 days price change

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