Sunday, December 4, 2022
 

Theta Network (THETA) Price Prediction: Will THETA Reach $5 in 2022?

  • Bullish THETA price prediction ranges from $1.491 to $4.265.
  • THETA price might also reach $5 this 2022.
  • THETA’s bearish market price prediction for 2022 is $1.006.

Theta Network is a blockchain project that supports Web3 infrastructures for content, media, video, and entertainment. Its native token is called THETA.

Theta Network investors are bullish on the token since it has had a return on investment (ROI) of over 30 times in the past 2 years. The crypto bubble of 2021 led to an increase in the price of THETA to its present all-time high (ATH) of $15.90 which was attained in April 2021. Irrespective of the recent crypto winter, THETA investors are confident that the future of THETA is bullish.

If you are interested in the future of Theta Network (THETA) and would want to know the price analysis and price prediction of THETA for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Theta Network (THETA)?

Theta Network is a Web3 infrastructure for video, media, and entertainment that was launched in 2018 by its cofounders Mitch Liu and Jieyi Long. Its mainnet 1.0 was launched in March 2019 while its mainnet 2.0 was launched in May 2020.

Through its positioning in the development of Web3, Theta Network has attracted top partners such as Google, Samsung, Sony, Fuse Media, and Edge Nodes.

Although the first announcement about the Theta token was made in 2017 on Medium, its token sale started in January 2018. Before the launch of its mainnet, THETA was an Ethereum ERC-20 token. Theta is open source and works on the proof-of-stake (PoS) consensus mechanism.

Theta Network enables video creators to create, stream, and receive incentives from users who view their videos in the form of Theta native token (THETA). This reward can be withdrawn and sold in the centralized wallet and sold for cash. The two tokens that powers the Theta Network are THETA and Theta Fuel (TFUEL). TFUEL powers the internal economy of the decentralized media platform.

Users can also receive THETA incentives by sharing their excess bandwidth with other users. An announcement was made in June 2021 that an NFT marketplace has been created where users can now create NFTs about media celebrities and receive THETA payment. This is to increase the adoption of THETA.

Theta Network (THETA) Current Market Status

The maximum supply of Theta Network (THETA) is 1 billion THETA while its maximum supply is 1 billion THETA according to CoinMarketCap. At the time of writing, THETA is trading for $1.27 which represents a 24 hours increase of 4.66%. The trading volume of THETA in the past 24 hours is $32 million which represents a 31.28% increase.

Some of the top cryptocurrency exchanges for trading Theta Network (THETA) are Binance, Kucoin, Huobi Global, Gate.io, and others.

Now that you have known what THETA is and its current market status, we shall discuss the price analysis of Theta Network (THETA) for 2022.

Theta Network (THETA) Price Analysis 2022

Currently, THETA is ranked in the 45th position on CoinMarketCap. Will developments and upgrades within the Theta Network community lead to a rise in the price of Theta Network (THETA)? We shall see this in this CoinEdition price analysis 2022 article.

Theta Network (THETA) Price Analysis- Keltner Channel

HETA/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
THETA/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Theta Network (THETA), it could be seen that the present bullish run could continue since the recent candlesticks are within the second half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of THETA might be sustained before any reversal would be expected.

Theta Network (THETA) Price Analysis- Relative Strength Index

THETA/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
THETA/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Theta Network (THETA) 1day chart of THETA/USDT is at 43.89.  This shows that THETA is showing a neutral trend since it is between 30 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the strong region, before any price correction soon.

Theta Network (THETA) Price Prediction-Moving Averages

THETA/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
THETA/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of THETA 200-day and 100-day Moving Average (MA). Presently, THETA is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is below the 100-MA, we can deduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Theta Network (THETA) might experience a big rise or fall in the future.

Theta Network (THETA) Price Prediction 2022

THETA/USDT 1Day Chart (Source: Tradingview)
THETA/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of THETA/USDT, the THETA price was swinging from $1.832 resistance2 to $1.491 resistance1 after touching the support levels of $1.141 and $1.006. It reversed from the support level of $1.141 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term THETA price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect THETA to reach $5 in 2022.

Theta Network (THETA) Price Prediction-Resistance and Support Levels

THETA/USDT 1Day Chart (Source: Tradingview)
THETA/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of THETA has decreased by 7% in the past 30 days. If this price increase continues, THETA could break the $1.491 resistance1 level and move higher to $4.265 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of THETA might be dethroned from its present uptrend position. In simpler terms, THETA might trend below the $1.006 support2 level, and even lower in 2022, a bearish signal.

Theta Network (THETA) Price Prediction 2023

Theta Network (THETA) might hit $10 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of THETA will see rapid growth to $8. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more THETA thereby reducing its volume in circulation. This could make the price of THETA reach $10 shortly.

Theta Network (THETA) Price Prediction 2024

Theta Network (THETA) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $20, making it not plummet but play consistently. Additionally, this could only be possible if THETA breaks through past psychological resistance levels.

Theta Network (THETA) Price Prediction 2025

Theta Network (THETA) prices might grow past $30 during the next three years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2026

Theta Network (THETA) prices might grow past $40 during the next four years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2027

Theta Network (THETA) prices might grow past $50 during the next five years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2028

Theta Network (THETA) prices might grow past $60 during the next six years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2029

Theta Network (THETA) prices might grow past $70 during the next seven years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2030

Theta Network (THETA) prices might grow past $100 during the next eight years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, THETA might reach $5 in 2022 and $100 by 2030 if investors have decided that THETA is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Theta Network (THETA)?

Theta Network is a blockchain project for video sharing. Its native token is THETA.

How to buy Theta Network (THETA) Token?

Like other cryptocurrencies, Theta Network (THETA) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, and others.

Will Theta Network surpass its present ATH?

Theta Network has a low possibility of surpassing its present all-time high (ATH) price of $15.90 in 2022.

When was Theta Network (THETA) launched?

It was launched in January 2018.

What will be the Theta Network (THETA) price by 2023?

Theta Network (THETA) price is expected to reach $10 by 2023.

What will be the Theta Network (THETA) price by 2024?

Theta Network (THETA) price is expected to reach $20 by 2024.

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

Theta Network (THETA) price is expected to reach $30 by 2025.

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

Theta Network (THETA) price is expected to reach $40 by 2026.

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

Theta Network (THETA) price is expected to reach $50 by 2027.

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

Theta Network (THETA) price is expected to reach $60 by 2028.

What will be the Theta Network (THETA) price by 2029?

Theta Network (THETA) price is expected to reach $70 by 2029.

What will be the Theta Network (THETA) price by 2030

Theta Network (THETA) price is expected to reach $100 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

  • Bullish THETA price prediction ranges from $1.491 to $4.265.
  • THETA price might also reach $5 this 2022.
  • THETA’s bearish market price prediction for 2022 is $1.006.

Theta Network is a blockchain project that supports Web3 infrastructures for content, media, video, and entertainment. Its native token is called THETA.

Theta Network investors are bullish on the token since it has had a return on investment (ROI) of over 30 times in the past 2 years. The crypto bubble of 2021 led to an increase in the price of THETA to its present all-time high (ATH) of $15.90 which was attained in April 2021. Irrespective of the recent crypto winter, THETA investors are confident that the future of THETA is bullish.

If you are interested in the future of Theta Network (THETA) and would want to know the price analysis and price prediction of THETA for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Theta Network (THETA)?

Theta Network is a Web3 infrastructure for video, media, and entertainment that was launched in 2018 by its cofounders Mitch Liu and Jieyi Long. Its mainnet 1.0 was launched in March 2019 while its mainnet 2.0 was launched in May 2020.

Through its positioning in the development of Web3, Theta Network has attracted top partners such as Google, Samsung, Sony, Fuse Media, and Edge Nodes.

Although the first announcement about the Theta token was made in 2017 on Medium, its token sale started in January 2018. Before the launch of its mainnet, THETA was an Ethereum ERC-20 token. Theta is open source and works on the proof-of-stake (PoS) consensus mechanism.

Theta Network enables video creators to create, stream, and receive incentives from users who view their videos in the form of Theta native token (THETA). This reward can be withdrawn and sold in the centralized wallet and sold for cash. The two tokens that powers the Theta Network are THETA and Theta Fuel (TFUEL). TFUEL powers the internal economy of the decentralized media platform.

Users can also receive THETA incentives by sharing their excess bandwidth with other users. An announcement was made in June 2021 that an NFT marketplace has been created where users can now create NFTs about media celebrities and receive THETA payment. This is to increase the adoption of THETA.

Theta Network (THETA) Current Market Status

The maximum supply of Theta Network (THETA) is 1 billion THETA while its maximum supply is 1 billion THETA according to CoinMarketCap. At the time of writing, THETA is trading for $1.27 which represents a 24 hours increase of 4.66%. The trading volume of THETA in the past 24 hours is $32 million which represents a 31.28% increase.

Some of the top cryptocurrency exchanges for trading Theta Network (THETA) are Binance, Kucoin, Huobi Global, Gate.io, and others.

Now that you have known what THETA is and its current market status, we shall discuss the price analysis of Theta Network (THETA) for 2022.

Theta Network (THETA) Price Analysis 2022

Currently, THETA is ranked in the 45th position on CoinMarketCap. Will developments and upgrades within the Theta Network community lead to a rise in the price of Theta Network (THETA)? We shall see this in this CoinEdition price analysis 2022 article.

Theta Network (THETA) Price Analysis- Keltner Channel

HETA/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
THETA/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Theta Network (THETA), it could be seen that the present bullish run could continue since the recent candlesticks are within the second half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of THETA might be sustained before any reversal would be expected.

Theta Network (THETA) Price Analysis- Relative Strength Index

THETA/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
THETA/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Theta Network (THETA) 1day chart of THETA/USDT is at 43.89.  This shows that THETA is showing a neutral trend since it is between 30 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the strong region, before any price correction soon.

Theta Network (THETA) Price Prediction-Moving Averages

THETA/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
THETA/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of THETA 200-day and 100-day Moving Average (MA). Presently, THETA is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is below the 100-MA, we can deduce the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Theta Network (THETA) might experience a big rise or fall in the future.

Theta Network (THETA) Price Prediction 2022

THETA/USDT 1Day Chart (Source: Tradingview)
THETA/USDT 1Day Chart (Source: Tradingview)

By looking at the daily chart of THETA/USDT, the THETA price was swinging from $1.832 resistance2 to $1.491 resistance1 after touching the support levels of $1.141 and $1.006. It reversed from the support level of $1.141 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term THETA price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect THETA to reach $5 in 2022.

Theta Network (THETA) Price Prediction-Resistance and Support Levels

THETA/USDT 1Day Chart (Source: Tradingview)
THETA/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of THETA has decreased by 7% in the past 30 days. If this price increase continues, THETA could break the $1.491 resistance1 level and move higher to $4.265 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of THETA might be dethroned from its present uptrend position. In simpler terms, THETA might trend below the $1.006 support2 level, and even lower in 2022, a bearish signal.

Theta Network (THETA) Price Prediction 2023

Theta Network (THETA) might hit $10 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of THETA will see rapid growth to $8. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more THETA thereby reducing its volume in circulation. This could make the price of THETA reach $10 shortly.

Theta Network (THETA) Price Prediction 2024

Theta Network (THETA) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $20, making it not plummet but play consistently. Additionally, this could only be possible if THETA breaks through past psychological resistance levels.

Theta Network (THETA) Price Prediction 2025

Theta Network (THETA) prices might grow past $30 during the next three years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2026

Theta Network (THETA) prices might grow past $40 during the next four years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2027

Theta Network (THETA) prices might grow past $50 during the next five years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2028

Theta Network (THETA) prices might grow past $60 during the next six years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2029

Theta Network (THETA) prices might grow past $70 during the next seven years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Theta Network (THETA) Price Prediction 2030

Theta Network (THETA) prices might grow past $100 during the next eight years. Furthermore, hitting this level might not be so tough for THETA due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, THETA has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, THETA might reach $5 in 2022 and $100 by 2030 if investors have decided that THETA is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Theta Network (THETA)?

Theta Network is a blockchain project for video sharing. Its native token is THETA.

How to buy Theta Network (THETA) Token?

Like other cryptocurrencies, Theta Network (THETA) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Kucoin, Gate.io, and others.

Will Theta Network surpass its present ATH?

Theta Network has a low possibility of surpassing its present all-time high (ATH) price of $15.90 in 2022.

When was Theta Network (THETA) launched?

It was launched in January 2018.

What will be the Theta Network (THETA) price by 2023?

Theta Network (THETA) price is expected to reach $10 by 2023.

What will be the Theta Network (THETA) price by 2024?

Theta Network (THETA) price is expected to reach $20 by 2024.

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

Theta Network (THETA) price is expected to reach $30 by 2025.

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

Theta Network (THETA) price is expected to reach $40 by 2026.

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

Theta Network (THETA) price is expected to reach $50 by 2027.

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

Theta Network (THETA) price is expected to reach $60 by 2028.

What will be the Theta Network (THETA) price by 2029?

Theta Network (THETA) price is expected to reach $70 by 2029.

What will be the Theta Network (THETA) price by 2030

Theta Network (THETA) price is expected to reach $100 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

 

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