Investing in or trading crypto assets comes with a risk of financial loss. Therefore, investors looking out for a selling opportunity must be patient till the pattern breakout.ДISCLAIMER: The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish the financial, investment, or other advice.

However, the higher price rejection in the daily chart increases the chances for a bearish breakout. The RSI indicator is a sign of an increase in the underlying bearishness as the slope remains into the nearly oversold zone below the 50% mark.ДЇurthermore, the buyers, as well as the signal line of the Moving Average convergence divergence indicators, are both moving lower than the neutral zone (0.00) which indicates that the token is experiencing bearish momentum.Д¬onclusion: From a technical perspective, the THETA token indicates increased trend momentum. Hence, traders will be able to identify selling opportunities at the breakout of the flag pattern. Therefore, it is evident that the bearish are in total control of the trend. Will The THETA Token Price Break Above The $3 Mark?ДЄs weвЂ™ve already discussed, it appears that the THETA token is increasing the chances of a bearish breakout and the price action shows multiple candles with higher price rejection. It has a circulating supply of 1.00B USD. Theta Network is +6.72 in the last 24 hours.

THETA to USD price is updated in real-time. At the time of writing this analysis, it is around $4.41, with an intraday fall of 1.25%. The live price of THETA is 1.3020699 per (THETA / USD) today with a current market cap of 1.30B USD.

Theta token price