THETA Price Gains 16.7% to $9.52 – Where to Buy THETA

The crypto market has been on an incredible bull run in the past 24 hours. With Bitcoin having reached $52K for the first time since the May market crash, the trend has pushed altcoins, which are also trading in the green zone. THETA is among the best gainers in the past 24 hours, after its price changed with double-digit gains.

THETA is trading at $9.52 at the time of writing after a 16.7% gain in 24 hours.

THETA Price Analysis

The majority of THETA’s gains in the past 24 hours have been attributed to market support. Since the market rebound started, most THETA gains have been recorded over the past few days, with the coin making a major upward trend and moving to new monthly highs.

Currently, the broader market is displaying a strong bullish sentiment, and this could play a major role in influencing further bullish gains by THETA. The coin’s next resistance lies at $9.60, and after breaking past this resistance in the past 24 hours, it was rejected and slumped slightly to the current levels.

After $9.60, we could see the coin heading towards the next major resistance of $10, which could rally up buying support pushing the coin towards the all-time high of $15. However, such a rally will depend on whether the overall market bulls hold.

On the other hand, we could also see the token heading towards a downtrend, where it will test the lower support levels of $9.40 and $9.20. Maintaining above $9 is crucial for the coin, as slumps below here could ignite selling pressure that will lead to dips towards $8.50.

The Theta blockchain has been looking for new areas of development in the crypto sector to boost its presence and aid the value of the THETA coin. In August, the blockchain collaborated with ONE Championship to launch an NFT marketplace. This collaboration is good for Theta, considering the NFT boom across the crypto sector.

Where to Buy THETA

To buy THETA during the current bull run, you can create an account on the following platforms:

• eToro

eToro is a leading social copy trading platform. eToro supports a wide range of cryptocurrencies and trading pairs. It offers user-friendly features and charges low trading fees and commissions.

• Binance

You can also buy THETA from Binance. Binance is the largest exchange platform, which supports a wide range of cryptocurrencies and trading pairs. Binance charges low trading fees, which makes trading easy.

Looking to buy or trade Crypto now? Invest at eToro!

67% of retail investor accounts lose money when trading CFDs with this provider

Read more:

• How to buy cryptocurrencies
• How to buy Polkadot