• Bullish THETA price prediction for 2024 is $3.349 to $5.692.
• Theta Network (THETA) price might reach $10 soon.
• Bearish THETA price prediction for 2024 is $1.026.

In this Theta Network (THETA) price prediction 2024, 2025-2030,  we will analyze the price patterns of THETA by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

TABLE OF CONTENTS

INTRODUCTION

Theta Network (THETA) Current Market Status What is Theta Network (THETA)? Theta Network (THETA) 24H Technicals

THETA NETWORK (THETA) PRICE PREDICTION 2024

Theta Network (THETA) Support and Resistance Levels Theta Network (THETA) Price Prediction 2024 — RVOL, MA, and RSI Theta Network (THETA) Price Prediction 2024 — ADX, RVI Comparison of THETA with BTC, ETH

THETA NETWORK (THETA) PRICE PREDICTION 2025, 2026-2030

CONCLUSION

FAQ

Theta Network (THETA) Current Market Status

Current Price	$2.14
24 – Hour Price Change	10.52% Down
24 – Hour Trading Volume	$44.18M
Market Cap	$2.14B
Circulating Supply	1B THETA
All – Time High	$15.90 (On April 16, 2021)
All – Time Low	$0.03977 (On Mar 13, 2020)

What is Theta Network (THETA)

TICKER	THETA
BLOCKCHAIN	Ethereum Blockchain
CATEGORY	Layer-2 scaling solution
LAUNCHED ON	November 2021
UTILITIES	Governance, tipping system, gas fees & rewards

Theta Network (THETA) is a decentralized video streaming platform leveraging blockchain technology to enhance content delivery. Founded by Mitch Liu and Jieyi Long, Theta aims to improve streaming quality, reduce costs, and provide a fair revenue model for creators. It operates with two native tokens: THETA for governance and TFUEL for transaction fees. Utilizing peer-to-peer (P2P) bandwidth sharing, Theta reduces the need for centralized servers, enhancing efficiency. Strategic partnerships, including with Samsung and Google, bolster its ecosystem. Theta’s innovative approach addresses critical issues in traditional streaming services, making it a significant player in the blockchain and entertainment industries.

Theta Network 24H Technicals

(Source: TradingView)

Theta Network (THETA) Price Prediction 2024

Theta Network (THETA) ranks 59th on CoinMarketCap in terms of its market capitalization. The overview of the Theta Network price prediction for 2024 is explained below with a daily time frame.

THETA/USDT Ascending Triangle Pattern (Source: TradingView)

In the above chart, Theta Network (THETA) laid out an ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows. 

If the trend breaks out at the resistance level, the price will continue increasing in this ascending triangle pattern.

At the time of analysis, the price of Theta Network (THETA) was recorded at $2.14. If the pattern trend continues, then the price of THETA might reach the resistance levels of $2.510, and $3.595. If the trend reverses, then the price of THETA may fall to the support of $2.167, and $1.750.

Theta Network (THETA) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Theta Network (THETA) in 2024.

THETA/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Theta Network (THETA) for 2024.

Resistance Level 1	$3.349
Resistance Level 2	$5.692
Support Level 1	$1.949
Support Level 2	$1.026

THETA Resistance & Support Levels

Theta Network (THETA) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Theta Network (THETA) are shown in the chart below.

THETA/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Theta Network (THETA) market in 2024.

INDICATOR	PURPOSE	READING	INFERENCE
50-Day Moving Average (50MA)	Nature of the current trend by comparing the average price over 50 days	50 MA = $2.182Price = $2.199 (50MA >  Price)	Bearish/Downtrend
Relative Strength Index (RSI)	Magnitude of price change;Analyzing oversold & overbought conditions	45.234 <30 = Oversold 50-70 = Neutral>70 = Overbought	Nearly Oversold
Relative Volume (RVOL)	Asset’s trading volume in relation to its recent average volumes	Below cutoff line	Weak volume

Theta Network (THETA) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of Theta Network (THETA) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

THETA/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Theta Network (THETA).

INDICATOR	PURPOSE	READING	INFERENCE
Average Directional Index (ADX)	Strength of the trend momentum	14.300	Weak Trend
Relative Volatility Index (RVI)	Volatility over a specific period	48.26 <50 = Low >50 = High	Low Volatility

Comparison of THETA with BTC, ETH

Let us now compare the price movements of Theta Network (THETA) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs THETA Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of THETA is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of THETA also increases or decreases respectively.

Theta Network (THETA) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Theta Network (THETA) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year	Bullish Price	Bearish Price
Theta Network (THETA) Price Prediction 2025	$15	$1
Theta Network (THETA) Price Prediction 2026	$19	$0.9
Theta Network (THETA) Price Prediction 2027	$24	$0.7
Theta Network (THETA) Price Prediction 2028	$27	$0.5
Theta Network (THETA) Price Prediction 2029	$30	$0.3
Theta Network (THETA) Price Prediction 2030	$33	$0.1

Conclusion

If Theta Network (THETA) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Theta Network (THETA) price prediction for 2024 is $5.692. Comparatively, if unfavorable sentiment is triggered, the bearish Theta Network (THETA) price prediction for 2024 is $1.026. 

If the market momentum and investors’ sentiment positively elevate, then Theta Network (THETA) might hit $10. Furthermore, with future upgrades and advancements in the Theta Network ecosystem, THETA might surpass its current all-time high (ATH) of $15.90 and mark its new ATH. 

FAQ

1. What is Theta Network (THETA)?

Theta Network (THETA) is a decentralized video streaming platform leveraging blockchain technology to enhance content delivery. 

2. Where can you purchase Theta Network (THETA)?

Traders can trade Theta Network (THETA) on the following cryptocurrency exchanges such as  Binance, 4E, LBank, OKX, and BYDFi

3. Will Theta Network (THETA) reach a new ATH soon?

With the ongoing developments and upgrades within the Theta Network platform, Theta Network (THETA) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Theta Network (THETA)?

Theta Network (THETA) hit its current all-time high (ATH) of $15.90 on Apr 16, 2021.

5. What is the lowest price of Theta Network (THETA)?

According to CoinMarketCap, THETA hit its all-time low (ATL) of $$0.03977 on March 13, 2020.

6. Will Theta Network (THETA) reach $10?

If Theta Network (THETA) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $10 soon.

7. What will be Theta Network (THETA) price by 2025?

Theta Network (THETA) price is expected to reach $15 by 2025.

8. What will be Theta Network (THETA) price by 2026?

Theta Network (THETA) price is expected to reach $19 by 2026.

9. What will be Theta Network (THETA) price by 2027?

Theta Network (THETA) price is expected to reach $24 by 2027.

10. What will be Theta Network (THETA) price by 2028?

Theta Network (THETA) price is expected to reach $27 by 2028.  

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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.