COINPEDIA

THETA price climbs up the curve towards $10, might see pullback

BINANCE:THETAUSD   Theta Token / US Dollar (calculated by TradingView)
In the early hours it resumed yesterday's bearish trend and was dipping rapidly. This happened in two phases, where it first fell to $8.595 and then to $8.369, with the aggravating selling pressure. Currently it strikes at $8.79 on a bearish candle. Further, the movement flipped being bullish and might touch $10, if the bulls rally further. However, failing to do so, the price may dip from this point and sail back at $8.50. RSI set near 44, highly recessive.

The resistance level is $ 9.470
The support level is $ 9.075


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