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THETA Price Falls Flat, Will the Bulls Rally?

THETA token, the native cryptocurrency of Theta network, had its price flowing in a parallel channel between $8.0 and $9.5, for the past few days. The bulls did not rally further from this point to the $10 mark. Lately the price has been moving downwards reaching close to $8.9624, deviating even from the previous range. With a significant amount of downward pressure, the bears have lined up earlier today.

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THETA

At the time of typing, the THETA price is $8.4589. In the early hours, the price fell flat to $8.713 and surged slightly to $8.8674. No sooner did this happen, it began plunging to $8.333. Currently that line is linear again. In the coming hours, the price might surge slightly near $8.5 and fall from there towards $8, continuing the current trend pattern.

Technical Specifications

  • The resistance value is at $ 9.239
  • The support value is at $ 8.706
  • The indicators point out a neutral signal

MATIC Price Falls Down the Curve Again

In the last 24 hours, the Polygon price dipped greatly, falling from $1.444 to $1.379, straight. Subsequently, the pressures balanced, putting MATIC price linearly. The trade resumed today, where the price was maintaining flat after which it dropped further to $1.344. Currently, the movements appear to have flipped into a bearish trap.

MATIC

At the time of typing, the MATIC price is $1.366. In the early hours, the price began sailing at $1.385 and further dipped. Currently, with some bullish candles lined up, the price is seen crawling up from $1.344. In the coming hours, the price may either soar near $1.38 or continue being bearish and stay flat at $1.368.

Technical Specifications

  • The resistance value is at $ 1.386
  • The support value is at $ 1.375
  • The indicators point out a neutral signal

EOS Price Fails To Overcome Setbacks

For the past week, the EOS price was pulled back when it failed to surge above $5.394. From this point, the price has been moving south gradually touching $4.953, today. The downside pressure is seen suppressing every time the bulls try to rally, pushing to to close bearishly. 

Also read: EOS price prediction 2021, How high will EOS price reach?

EOS

At the time of writing, the EOS price is $5.063. In the early hours, the price hit $5.103, but got entangled again. Currently with some bulls lined up, the price is soaring gradually. But if it follows its current trend, the price might rise till $5.1 or above and begin to plunge from there. Or, if the momentum ceases, a possible pullback will cause the price to fall near $4.90.

Technical Specifications

  • The resistance value is at $ 5.239
  • The support value is at $ 5.047
  • The indicators point out a sell signal.



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