THETA (THETA) has a very bullish sentiment score, rising and outperforming the crypto market on Wednesday: what’s next?

THETA (THETA) received a very bullish rating from InvestorsObserver on Wednesday. The crypto market is up 7.75% to $ 4.58 while the broader crypto market is down 0.73%.

THETA has a very bullish sentiment value. Find out what that means for you and get the rest of the rankings on THETA!

Very bullish

In the last five days, THETA received a very bullish rating in the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of THETA in the last five days according to volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors looking to buy the dip.

Price levels

THETA is currently trading near its five-day high of $ 4.58033609390259. The crypto is 0.01% below its five-day high and 19.24% above its five-day low of $ 3.84.

The THETA price is currently above the resistance. With support around $ 4.08 and resistance at $ 4.5, THETA may be in a volatile position if the rally burns out.

THETA has been trading on a low volume lately. This means that today’s volume is below the average volume for the last seven days.

What is a coin

A coin is a cryptocurrency that exists on its own blockchain. These are usually used for payments. Depending on the cryptocurrency, the intended use of these payments can vary from general use in the “digital money” subclass to a more specific use in some other subclasses.

Due to a lack of data, this crypto may be less suitable for some investors.

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