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Theta price prediction 2024-2030: Can THETA make you rich?

Key takeaways

  • Theta price predictions anticipate a high of $1.44 by the end of 2024.
  • In 2027, THETA will range between $4.37 and $5.20, with an average price of $4.50.
  • In 2030, THETA will range between $13.81 and $16.23, with an average price of $14.20.

THETA token is the native incentive of the Theta Decentralized Network, an open-source, public protocol focused on driving the next generation of content streaming platforms. Through Theta, developers and video aggregators can innovatively build, launch and deploy decentralized streaming apps on top of the blockchain. Theta’s applications focus on eSports, TV/Movies, enterprise conferencing, music, educative, and streaming content. 

The content-driven cryptocurrency remains one of the most undervalued coins out there right now, and I think it will continue to rise in price over time. Theta has already surpassed most older coins in the market cap, but what does this mean for its future value?

Will Theta be more valuable than bitcoin or Ethereum by 2030? This blog post will provide insights into Theta price prediction, how to buy Theta coin, and why it could surpass other cryptocurrencies like Bitcoin or Ethereum within the next half a decade. 

Overview

CryptocurrencyTheta
TickerTHETA
Current price$1.1755
Market cap$1,178,878,751
Trading volume$16,666,982
Circulating supply1,000,000,000 THETA
All-time low$0.0404 Mar 13, 2020
All-time high$15.72 Apr 16, 2021
24-hour low$1.20
24-hour high$1.12

Theta price prediction: Technical analysis

MetricValue
Volatility (30-day variation)13.43%
50-day SMA$ 1.361892
200-day SMA$ 1.910971
SentimentBearish
Fear and greed index28 (Fear)
Green days11/30 (37%)

Theta price analysis: THETA upgrades to $1.1755 amidst retrieval.

TL;DR Breakdown

  • Theta price analysis confirms an upward trend at $1.1755.
  • Coin value has improved up to 3.44% in the past 24-hours. 
  • THETA prices seek resistance around the $1.2937 boundary.

On August 20, 2024, Theta Network price analysis revealed an upward trend for the cryptocurrency. The market has remained under bullish pressure since yesterday. Currently trading at $1.1755, the cryptocurrency has gained up to 3.44% of its value from its previous close. The turnover creates an encouraging scenario for the cryptocurrency buyers, as the overall market sentiment remained positive as well.

THETA/USD 1-day chart analysis: Coin value reaches $1.1755 aim after upturn

The 1-day Theta price analysis confirms an increasing trend for the cryptocurrency. Coin value has ascended up to $1.755 high as an upturn in price was recorded today. Since yesterday, the bulls have secured a comeback, earning sufficient recovery for the coin. The upward price movement is suggestive of a bullish trend and ultimately a positive market sentiment for the cryptocurrency.

The area between the upper and lower ends of the Bollinger bands indicator confirms the market volatility. As the Bollinger bands are narrowing down, this indicates a decreasing volatility. Currently, the upper limit of the Bollinger bands indicator is at $1.2937 high, confirming the strong resistance. However, the lower limit of the Bollinger bands indicator is at $1.0415, signaling the availability of support.

THETA/USD 1-day chart analysis
THETA/USD 1-day price chart. Source: TradingView

The Relative Strength Index (RSI) indicator is present within the neutral region. Currently at 44.08 and still moving upwards, this signals a bullish trend. Moreover, the continual upward movement of the RSI confirms that the buying activities are dominating over the selling activities. As the RSI curve ascends further, this predicts coming stability in the market.

THETA/USD 4-hour chart analysis: Cryptocurrency value seeks recovery above $1.1755

The four-hour price analysis for Theta confirms an uptrend for the cryptocurrency. The bulls have bounced back in the past four hours. Coin value is now $1.1755, and further rise seems close. However, the market events might shift over the span of the next couple of hours, as the market volatility is high. Furthermore, this increasing price movement signals stability for the investors.

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The Bollinger bands are widening, which indicates rising volatility levels. This increase in volatility marks a high market unpredictability. The upper boundary of the Bollinger bands indicator is at $1.1827 high, serving as the resistance band. Whereas, the lower boundary of the Bollinger bands indicator is at $1.1148, acting as the support.

THETA/USD 4-hour chart analysis
THETA/USD 4-hour price chart. Source: TradingView

The Relative Strength Index (RSI) indicator is present within the neutral region at 56.57. Following the recent upturn, the RSI value is now quite close to the overbought region. The ascending curve of the RSI indicator confirms stability in the bullish momentum as the buying pressure continues to accelerate. This signals a balance in the trading atmosphere.

Theta technical indicators: Levels and actions

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 3 1.174363SELL
SMA 5 1.167593SELL
SMA 10 1.163337SELL
SMA 21 1.231869SELL
SMA 50 1.361892SELL
SMA 100 1.669699SELL
SMA 200 1.910971SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 3 1.170075SELL
EMA 5 1.172274SELL
EMA 10 1.182829SELL
EMA 21 1.239215SELL
EMA 50 1.387709SELL
EMA 100 1.581079SELL
EMA 200 1.650708SELL

Is Theta a good investment?

A decentralized video distribution network called Theta Network (THETA) provides a wide range of blockchain-enabled solutions to issues facing the traditional video streaming market. Your intended investment amount and risk tolerance will determine whether or not THETA is a good fit for you as an investor. Never invest money that you cannot afford to lose, and remember that previous success does not guarantee future results. The coin’s price prediction explores its expected movements from 2024 to 2030.

What can we expect from Theta price analysis next?

The Theta token price analysis for the day is suggestive of a bullish scenario regarding the ongoing market events. The coin value is now at $1.1755 following the bullish recovery in the last 24-hours. Overall, the cryptocurrency has gained up to 3.44% of its value. Technical indicators give out a neutral verdict; however, the price charts continue to favor the bulls. Therefore, there are lower chances of reversal in the market circumstances.

Why is THETA up?

Theta has been recovering rapidly for the past 24-hours. The coin has spiked up to $1.1755 amidst the rising buying pressure, which triggered an ascent, moreover, the coin has gained further recovery in the past few hours.

Will Theta reach $5?

Yes, Theta should rise above $5 in 2027. Its price will range between $4.37 and $5.20 during that period.

Will Theta reach $10?

Yes, Theta should rise above $10 in 2029. Its price will range between $9.41 and $11.37 during that period.

Will Theta reach $50?

Per the market estimates and Theta price predictions, Theta prices are unlikely to reach $50 before 2030.

Does Theta have a good long-term future?

The Theta Network (THETA) is a next-generation media and entertainment-focused blockchain with immense potential this year and aims to touch new highs in the new year. The increased adoption of the web3 video platform has increased THETA’s dominance and market value over time. Theta is anticipated to experience a surge in 2024 and beyond.  According to Theta price predictions, Theta is set to trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.

Recent news/ opinions on Theta

  • On August 12, Theta Labs’ “Edge Computing Platform supported by Smart Contracts with Off-Chain Solution Verification” has officially been granted U.S. Patent 12,056,730, confirming the creative and original methods for a decentralized Edge Network that the Theta team developed. The patent can be viewed at USPTO website.
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Theta price prediction August 2024

For August 2024, THETA shows an ability to swing wildly; the anticipated minimum value of token is $4.92. The price may jump to $8.55, but the average trading price of $3.51 is expected throughout the month.

MonthPotential low ($)Potential average ($)Potential high ($)
August2.883.514.92

Theta price prediction 2024

The technical indicators are bullish on Theta in the second half of 2024. It is anticipated to trade between $1.28 and $1.44, with an average price of $1.33.

YearPotential low ($)Potential average ($)Potential high ($)
20241.281.331.44

Theta price predictions 2024-2030

YearPotential low ($)Potential average ($)Potential high ($)
2025$1.92$1.99$2.24
2026$2.93$3.03$3.44
2027$4.37$4.50$5.20
2028$6.44$6.66$7.55
2029$9.41$9.68$11.37
2030$13.81$14.20$16.23

Theta price prediction 2025

The Theta price forecast for 2025 sets the high at $2.24. The lowest price for the year will be $1.92, and the average price will be $1.99.

Theta price prediction 2026

Theta is expected to experience more bullish momentum in 2026. According to the predictions, it will range between $2.93 and $3.44, with an average price of $3.03.

Theta price prediction 2027

The Theta prediction climbs even higher in 2027; experts suggest the coin’s price will range between $4.37 and $5.20, with an average price of $4.50.

Theta TRX price prediction 2028

The analysis suggests a further acceleration in Theta ’s growth by 2028. According to the Theta ’s price prediction, the token price will range between a minimum price of $6.44 and a maximum price of $7.55. The average price for the year will be $6.66.

Theta price prediction 2029

According to the Theta forecast for 2029, the TAO price will reach a maximum and minimum of $9.41 and $11.37, respectively, with a year-round average of $9.68.

Theta crypto price prediction 2030

The Theta price prediction for 2030 indicates a price range of $13.81 and $16.23 and an average price of $14.20.

Theta crypto price prediction 2024 - 2030

Theta market price prediction: Analysts Theta price forecast

Platform20242025
Digitalcoinprice$2.48$2.94
Coincodex$ 1.17$ 3.26

Cryptopolitan’s Theta price prediction

At current levels, Theta presents the potential to be bullish in the future. According Cryptopolitan’s Theta price prediction, Theta could achieve a high of $1.44 in the second half of 2024. In 2025, it’s expected to maintain a trading range of $1.92 – $2.24, with an average of $1.99. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

Theta historic price sentiment

Theta  Price History
  • Theta’s native token, also called THETA, was launched in 2018.
  • THETA was first introduced as ERC-20 tokens on the Ethereum blockchain, later transferred to the Theta blockchain.
  • THETA prices observed stagnation after dipping down from its opening price of 0.183 to 0.066 range in just a few months of its launch.
  • The token remained stuck in a range of $0.051 to 0.107 from 2018 through 2019 till the start of 2020.
  • Theta started to show bullish signs in 2020 when its price reached $0.428 by mid-year and continued higher till $0.749 in September, finally reaching the $1.5 mark in December.
  • The first notable surge occurred during the first DeFi bull run in early 2021.
  • THETA’s price skyrocketed from $1.9 to an all-time high of $15.72 in just three months, reflecting the growing popularity of the Theta network.
  • Following this surge, THETA went through a correction and consolidation phase, steeping down to the $4 level by July 2021.
  • The second bull run in August, which lasted till November 2021, saw THETA’s price doubling, reaching an $8 level, providing stability to THETA token.
  • Like many cryptocurrencies, CAKE faced increased market volatility at the start of the 2022 crypto market correction, with its price fluctuating between $1.2 and $4.
  • The second half of 2022 proved to be a time of continuous consolidations and slow correction, as by the end of the year, it was trading at approximately $0.7.
  • In early 2023, THETA saw a resurgence, reaching and maintaining a price of above $1 between till the end of March.
  • However, the bearish trend began in May, and throughout 2023, THETA struggled, as it dipped to the $0.619 level in October.
  • By the end of October 2023, the token started recovering again, pushing price to $1.4 in December. 
  • 2024 started with bullish signs, and the price escalated from $1.24 to $3.35 to $3.35 by the midpoint of March.
  • At the end of April 2024, Theta lost one-third of its value as its price decreased to $2.24.
  • In June, Theta stepped below the $2 mark and jumped and traded near the $1.3 level till July.
  • Currently, in August 2024, Theta is trading near the $1.2 range as the corrective curve still leads the price action.

FAQs

What's the future of THETA?

THETA is one cryptocurrency with significant potential given its strong technical groundwork and utility. Blockchain usage and content streaming will only continue to grow, meaning more companies will rely on the network to meet their user demands for qualified streamed content. 

Is Theta a good investment?

Whether you are thinking about buying or selling Theta, the old adage "buy low, sell high" is always a good idea. Have a good strategy, and determine whether you should open positions long or short term. Conduct your due diligence and always invest what you can afford to lose. 

Is Theta legit?

There is a very strong argument to be made for the legitimacy of THETA  in terms of its healthy ecosystem., developer team, and credible, well-researched whitepaper.  Therefore rest assured that  THETA is not a scam.

Where do I buy Theta?

THETA is available at major cryptocurrency exchanges, including Binance, as well as major virtual asset marketplaces. Once you have your trading account set up at one of the exchanges that trade THETA, you will need to transfer Bitcoin (BTC) or ETH currency from Coinbase to that specific exchange. This is done via a wallet system.

What caused Theta's bull rally?

The credit for the recent THETA increase is due to investors’ faith in the asset. Additionally, it appears on an exchange and performs well – this attracts more investor interest and results in a sustained up-rise.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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