Bittime - Theta Network ($THETA) price has decreased in the last week. Compared to the price of $2.35 last week, THETA price today is down 16.96% and is at $2. This decline also continued in the last 24 hours, where THETA experienced a correction of 7.51%.
Despite the current bearish sentiment in the crypto market, THETA's long-term outlook still looks positive. Analysts predict that THETA price may reach $9.63 in 2025.
THETA Price Prediction
Key Support and Resistance Levels
- Lowest Support: $0.59 (based on weekly chart)
- Highest Resistance: $6.3
Market Sentiment (April 2024)
- Currently in correction amidst an uptrend
Future Predictions
-
The AI/ML predictive model projects the average price of THETA to reach:
- $11 in 2033
- $18 by 2035
Check Today's Crypto Market:
$THETA Price Technical Analysis
The beginning of the year was marked by negative sentiment in the market, indicating a bearish market. THETA lost ground above the crucial $1 level and slumped below $0.95 in May. This decline took the asset to its lowest support point at $0.59 in June.
The recovery attempt in the middle of the year did not have enough strength, so the altcoin returned to low support in mid-August.
After stabilizing and actively defending this support for about two months, buyers regrouped to start a rally. This trend is observed in most other digital currencies.
Sustained buying pressure pushed the coin to test the $1.2 level in mid-December. However, the price experienced strong resistance in January.
How to Buy Crypto:
THETA Price Resistance at $3.2
In March, THETA broke through its highest resistance at $3.2, driven by positive market sentiment.
This level persisted for almost a month before finally encountering selling pressure. This decline signals a correction after a period of significant gains.
Also read: 4 New Crypto Assets to Watch This Month!
Current THETA Price
Currently, THETA is trading at $2.5, approaching the support level at $2.4. If the price manages to break and stay above this level, it could be an initial signal for the next price increase.
Theta Network Price Surge Allegedly Triggered by EdgeCloud Announcement
Most likely, Theta Network's recent price spike was triggered by their network's announcement regarding the launch of EdgeCloud.
According to Theta Network, EdgeCloud is the leading decentralized software platform in the field of edge computing. The first phase of EdgeCloud is scheduled to launch on May 1, 2024.
When Will Theta Network (THETA) Experience ATH?
Comprehensive analysis shows moderate predictions for THETA's future performance. Predictive models project the average price of THETA to reach $11 in 2033.
Even though it has not yet reached its all-time high (ATH), the price is predicted to continue increasing and break through the ATH in 2035 with an average price of $18.
Check Crypto Prices Today:
Theta Network Short Term Price Prediction
The following is quoted from ambcrypto, Short term price prediction for Theta Network from June to December 2024.
| June 2024 | $2.86 | $2.66 | $3.06 |
| July 2024 | $3.02 | $2.81 | $3.23 |
| August 2024 | $3.19 | $2.97 | $3.41 |
| September 2024 | $3.36 | $3.12 | $3.59 |
| October 2024 | $3.52 | $3.28 | $3.77 |
| November 2024 | $3.69 | $3.43 | $3.95 |
| December 2024 | $3.86 | $3.59 | $4.13 |
Theta Network Long Term Price Prediction 2024-2035
| Year | Average price | Lowest Price | Highest price |
| 2024 | $4.03 | $3.22 | $4.83 |
| 2025 | $8.02 | $6.42 | $9.63 |
| 2026 | $15.99 | $12.79 | $19.19 |
| 2027 | $31.87 | $25.49 | $38.24 |
| 2028 | $63.51 | $50.81 | $76.21 |
| 2029 | $126.58 | $101.26 | $151.89 |
| 2030 | $252.26 | $201.81 | $302.72 |
| 2031 | $502.75 | $402.20 | $603.31 |
| 2032 | $1001.97 | $801.58 | $1202.37 |
| 2033 | $1996.90 | $1597.52 | $2396.28 |
| 2035 | $7931.55 | $6345.24 | $9517.86 |
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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