{"id":6470,"date":"2022-08-11T22:51:37","date_gmt":"2022-08-11T22:51:37","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/08\/11\/is-theta-token-heading-to-2-after-the-latest-breakout\/"},"modified":"2022-08-11T22:51:37","modified_gmt":"2022-08-11T22:51:37","slug":"is-theta-token-heading-to-2-after-the-latest-breakout","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/08\/11\/is-theta-token-heading-to-2-after-the-latest-breakout\/","title":{"rendered":"Is Theta token heading to $2 after the latest breakout?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<ul style=\"margin-top:0;margin-bottom:0\">\n<li>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:0pt\">Theta Network presents a video streaming service akin to YouTube<\/p>\n<\/li>\n<li>\n<p>The token has been underneath bearish stress this yr<\/p>\n<\/li>\n<li>\n<p>THETA broke above the consolidation zone in a possible bullish push<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\">Theta Network token THETA\/USD has been consolidating for the final three months. The token has barely surpassed $1.462 since mid-May. It trades at $1.6 in a bullish push possible to take the token to $2.2.<\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\">Theta Network is commonly labeled as the YouTube of blockchain. The label is derived from the incontrovertible fact that it&#8217;s the solely blockchain for decentralized video streaming. On its web site, Theta Network refers to itself as the \u201cnext generation video and entertainment blockchain.\u201d<\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\">Whereas Theta Token has been staging recoveries, dampened crypto sentiment stays a thorn. The token has lacked momentum of its personal and has predominantly been transferring with the market. The latest inflation information ignited expectations of a lesser aggressive Fed. The information is boosting cryptocurrencies, and THETA might not be an exception. A break above $1.45 is a bull name, however traders should stay cautious.<\/p>\n<h2 style=\"line-height:1.295;margin-top:18pt;margin-bottom:4pt\">Theta token turns resistance into help in a bullish push<\/h2>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><img decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/07\/11\/1660238459642-51307c9c-9fe1-4057-bfe2-a3c79a784082.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\"\/><\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\">Source \u2013 TradingView<\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\">Theta token has turned the $1.45 resistance into new help. The token is now sliding to check the help earlier than making the subsequent transfer.\u00a0<\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\">The crossover of the 21-day MA above the 50-day MA is a sign of THETA bullishness. Both transferring averages stay beneath the present value and supply help. The MACD indicator additionally stays bullish on THETA.\u00a0<\/p>\n<h3 style=\"line-height:1.295;margin-top:14pt;margin-bottom:4pt\">Concluding ideas<\/h3>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\">Investors ought to watch $1.45 for value motion as the Theta token might start a bullish reversal.<\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\">If THETA retests and begins reversal at $1.45, the subsequent value is $2.2, the degree lastly traded in May. However, we&#8217;d like to pay attention to the general crypto sentiment, which has largely pushed the Theta token.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/is-theta-token-heading-to-2-after-the-latest-breakout\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Theta Network presents a video streaming service akin to YouTube The token has been underneath bearish stress this yr THETA broke above the consolidation zone in a possible bullish push Theta Network token THETA\/USD has been consolidating for the final three months. The token has barely surpassed $1.462 since mid-May. It trades at $1.6 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[1083,3620,499,2311,247],"class_list":["post-6470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-breakout","tag-heading","tag-latest","tag-theta","tag-token","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/6470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=6470"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/6470\/revisions"}],"predecessor-version":[{"id":6471,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/6470\/revisions\/6471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/6472"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=6470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=6470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=6470"}],"curies":[{"name":"wp","href":"https:\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