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Theta Network (THETA) Down 0.01% Saturday: What's Next?

Saturday, January 01, 2022 11:46 AM | InvestorsObserver Analysts
Theta Network (THETA) Down 0.01% Saturday: What's Next?

Theta Network (THETA) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Content has lost 1.11% to $4.83.

volatility - 19
InvestorsObserver is giving Theta Network a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Theta Network!

Low Volatility

InvestorsObserver gives Theta Network a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. THETA's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

Theta Network price is in a good position going forward. With support around $4.59 and resistance around $4.95. This leaves Theta Network with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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