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
Cryptocurrency | Theta |
Ticker | THETA |
Current price | $1.1755 |
Market cap | $1,178,878,751 |
Trading volume | $16,666,982 |
Circulating supply | 1,000,000,000 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
Metric | Value |
Volatility (30-day variation) | 13.43% |
50-day SMA | $ 1.361892 |
200-day SMA | $ 1.910971 |
Sentiment | Bearish |
Fear and greed index | 28 (Fear) |
Green days | 11/30 (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.
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.
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 $1.1148, acting as the support.
The Relative Strength Index (RSI) indicator is present within the neutral region at 56.57. Following the recent upturn, the RSI value is now quite close to the overbought region. The ascending curve of the RSI indicator confirms stability in the bullish momentum as the buying pressure continues to accelerate. This signals a balance in the trading atmosphere.
Theta technical indicators: Levels and actions
Daily simple moving average (SMA)
Period | Value ($) | Action |
SMA 3 | 1.174363 | SELL |
SMA 5 | 1.167593 | SELL |
SMA 10 | 1.163337 | SELL |
SMA 21 | 1.231869 | SELL |
SMA 50 | 1.361892 | SELL |
SMA 100 | 1.669699 | SELL |
SMA 200 | 1.910971 | SELL |
Daily exponential moving average (EMA)
Period | Value ($) | Action |
EMA 3 | 1.170075 | SELL |
EMA 5 | 1.172274 | SELL |
EMA 10 | 1.182829 | SELL |
EMA 21 | 1.239215 | SELL |
EMA 50 | 1.387709 | SELL |
EMA 100 | 1.581079 | SELL |
EMA 200 | 1.650708 | SELL |
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.
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 $3.51 is expected throughout the month.
Month | Potential low ($) | Potential average ($) | Potential high ($) |
August | 2.88 | 3.51 | 4.92 |
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 $1.33.
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2024 | 1.28 | 1.33 | 1.44 |
Theta price predictions 2024-2030
Year | Potential 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 market price prediction: Analysts Theta price forecast
Platform | 2024 | 2025 |
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’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.