Theta Network (THETA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Decentralized Finance has advanced 2.52% to $1.61.
InvestorsObserver is giving Theta Network a 44 Volatility Rank. Find out what this means to you and get the rest of the rankings on Theta Network!
Moderately Volatile
InvestorsObserver gives Theta Network a moderate volatility rank of 44, placing it in the bottom 44% of cryptos on the market.The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. THETA's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Theta Network price is trading near resistance. With support set at $1.53 and resistance set at $1.63. This positions Theta Network with potential selling pressures ahead as it may be getting over extended.