Thena Price Prediction: THE Pumps 4%, But Experts Say Consider This Best Wallet Presale For Parabolic Gains

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Thena Price Prediction: THE Pumps 4%, But Experts Say Consider This Best Wallet Presale For Parabolic Gains
Thena Price Prediction: THE Pumps 4%, But Experts Say Consider This Best Wallet Presale For Parabolic Gains

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The Thena price pumped 4% in the last 24 hours to trade at $0.3771 as of 12:37 a.m. EST on trading volume that surged 11% to $24 million.

Thena Price Analysis Signals Potential Upside

The THE price chart recently formed a double bottom pattern, a classic bullish reversal signal. This pattern formed after a significant downtrend, indicating a possible shift in momentum.

According to GeckoTerminal data, the pattern’s neckline is around the $0.42 level, which acts as a key resistance zone.

The Thena price is currently trading slightly above the 50 Simple Moving Average (SMA) on the 4-hour chart, which is at $0.3613. This suggests that short-term bullish momentum is increasing.

However, the 200 SMA, positioned at $0.4455, remains above the current price of THE, indicating that the longer-term trend is still bearish. 

If the Thena price sustains an upward move and breaks above the neckline, it could challenge this key resistance level.

The Relative Strength Index (RSI) is at 63.35, which is approaching overbought conditions but still within a neutral range. This suggests there is still room for further upward movement before hitting a level that might indicate a pullback.

Moreover, the Moving Average Convergence Divergence (MACD) indicator is currently showing bullish momentum. The MACD line (blue) is above the signal line (orange), and both are in positive territory, confirming increasing buying pressure. 

Additionally, the green bars on the histogram are over the neutral line and climbing, further reinforcing the bullish sentiment.

Thena Price Chart Analysis
Thena Price Chart Analysis. Source: GeckoTerminal.com

THE Price Prediction

If the THE price successfully breaks above the current price, it could trigger a measured move to the neckline level. Based on this setup, a potential 14.38% price increase is projected, bringing the price to approximately $0.43–$0.44 in the near term.

In the long term, the Thena price could surge further to the $0.5408 zone, which is the distance between the double bottom and the neckline.

However, if the price of Thena fails to break the neckline, it could see a pullback to the $0.3367 level, which acts as a cushion against downward pressure.

In the meantime, investors are flocking to buy Best Wallet (BEST), which popular YouTuber ClayBro, with over 136K subscribers, says has the potential to soar 10X after launch.

Best Wallet Presale Charges Towards The $12 Million Mark

With decentralization and anonymity becoming more crucial than ever, Best Wallet aligns with crypto’s fundamental values which involves giving users full control over their assets while keeping their personal data secure.

It provides a seamless way to manage, trade, and store cryptocurrencies without requiring identity verification. 

The wallet also features Best DEX, which enables direct crypto trading and integrates with more than 200 other exchanges to find the best swap rates. It introduces a native presale aggregator and crypto debit card, while offering support for more than 60 blockchains.

Investors are buying into the hype, with the presale now garnering over $11.3 million.

Uncover Promising Early-Stage Crypto Projects With The “Upcoming Tokens” Feature

Among Best Wallet’s many features, one is gaining outsized interest from investors. That is its “Upcoming Tokens” section, which helps users discover promising projects still in the early stages.

The project’s success in identifying promising cryptos is already well established. It flagged Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that delivered 500% and 3,000% gains, respectively, for early investors.

Investors can also stake BEST tokens for a huge 138% annual return. Currently, BEST tokens are priced at $0.024475.

Those interested should buy before a price hike in around 12 hours.

Check out BEST on its official website.

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