Theta Network (THETA) is trading at $0.7803, showing a decline of 1.59% in the last 24 hours. Trading volume fell to $21.26 million, down nearly 24%. The weekly performance shows a 7.27% drop, signaling bearish sentiment in the market. Investors are cautious as THETA tests its key support levels.
Crypto analysts note that the coin remains in a descending triangle formation. Support at $0.78 has been critical in recent trading sessions. Any breach below this level could trigger further declines. Traders are closely watching the horizontal support for signs of a rebound.
Technical Indicators Favor Bullish Momentum
Crypto analyst Jonathan Carter, highlighted that a breakout above $0.95 could signal strong upward momentum. Potential targets include $1.55, $2.30, $3.35, $5.00, and even $8.00. Carter emphasized that weekly charts are crucial to understanding the trend.
Theta Network’s resilience in holding support has drawn attention. Analysts suggest that investor confidence may rise if prices stabilize above $0.78. Technical indicators show that momentum could favor bulls if resistance levels are breached.
THETA Price Prediction 2025 Overview
DigitalCoinPrice projects that THETA could reach $1.72 by the end of 2025. Investors expect the coin to surpass its previous all-time high of $15.90 in incremental steps. Early 2025 may see minor volatility, but optimism remains strong.
Changelly predicts a minimum price of $0.8831 and a maximum near $0.9977 in 2025. The average trading price is expected around $0.9221. Analysts also project potential returns of 17.7% to 27.3%. Seasonal fluctuations may occur, with August 2025 showing a possible dip to $0.7697 before rebounding.