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Theta Network (THETA) Rises 6.93%, Outperforms the Crypto Market Sunday

Sunday, January 23, 2022 06:15 AM | InvestorsObserver Analysts
Theta Network (THETA) Rises 6.93%, Outperforms the Crypto Market Sunday

Theta Network (THETA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Content has added 6.93% to $2.85.

volatility - 28
InvestorsObserver is giving Theta Network a 28 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 28, placing it in the bottom 28% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. THETA's moderate volatility reading is paired 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 in a favorable position going forward. With support at $2.23 and resistance around $3.27. This positions 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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