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<p>The post <a href="https://coinpedia.org/price-analysis/theta-displays-a-bearish-reversal-theta-network-to-plunge-15/">THETA Displays A Bearish Reversal! Theta Network To Plunge 15%?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The crypto market continues to display a significant price fluctuation in the chart as top altcoins record constant volatility in their respective portfolios. Further, the <a href="https://coinpedia.org/price-prediction/theta-price-prediction/">THETA price</a> has erased all its gains from the recent pump, indicating a strong liquidation point in the crypto space.</p> 
<h2 class="wp-block-heading" id="h-theta-network-price-stumbles-again">Theta Network Price Stumbles Again!</h2> 
<p>After displaying a neutral trend for a while, the bulls recorded a significant jump of 36.67% before facing rejection above the resistance level of $3.135. Following this, the <a href="https://markets.coinpedia.org/theta-network/">Theta Network price</a> displayed significant volatility in the chart, and after recording a top of $3.590, the bulls lost momentum.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/mMZ_i-QhXZOm1R-g6447PwOXI_WAzSnS_SL1nNidUEe3Gp5BhE0zZGlazr6cfKgkI6FwLlFPe4z2ohzwdRytJm81R5p_XPybkQcHI5jpXPHwajTLnLIxtIgjqQ8pO4zHsvx5HZGkuheZ3lO4i8jT0yo" alt="Theta Network Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: THETA/USDT
 </figcaption>
</figure> 
<p>The THETA price constantly traded under a bearish influence and fell to test its low of $2.445 during the third week of March, after which the bulls successfully regained momentum and broke out of the resistance level. Since then, the altcoin has been trading in a consolidated range between $2.695 and $3.135.&nbsp;</p> 
<p>The Technical Indicator, MACD, displays a constant decline in the green histogram, indicating an increase in the selling-over-buying pressure in the crypto industry. Moreover, the averages show a high possibility of a bearish convergence, suggesting a negative price action for it in coming time.</p> 
<p>Also Read : <a href="https://coinpedia.org/price-analysis/altcoin-rally-on-the-horizon-core-jup-and-flr-price-to-see-massive-surge/">Altcoin Rally On The Horizon! CORE, JUP, And FLR Price To See Massive Surge?</a></p> 
<h2 class="wp-block-heading" id="h-will-theta-coin-go-up">Will THETA Coin Go Up?</h2> 
<p>If the market holds the price above the resistance level of $2.905, the bulls will regain momentum and run to test its upper resistance level of $3.135. Further, if the price continues to trade under a bullish influence, it will prepare to test its upper resistance level of $3.335 this month.</p> 
<p>However, if the bulls fail to regain momentum, the THETA coin price will continue trading under a bearish influence and test its low of $2.695. Furthermore, if the bears hold power over the bulls, it will plunge further and test its crucial support level of $2.445 during the upcoming weeks.</p> 
<p>Also Check Out : <a href="https://coinpedia.org/price-analysis/bch-price-analysis-will-bitcoin-cash-hit-1000-this-week/">BCH Price Analysis: Will Bitcoin Cash Hit $1000 This Week?</a></p>

THETA Displays A Bearish Reversal! Theta Network To Plunge 15%?

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