THETA Price Gains 13.4% to $6.94 – Where to Buy THETA

Altcoins have made major gains in the past week because of the current bullish trend experienced across the entire market. Bitcoin has managed to retrace above $40K, which means that the bullish flag might not end anytime soon. Buyer support is also increasing, pushing altcoins to create new highs.

THETA is trading at $6.94 at the time of writing after a 13.4% gain in 24 hours.

THETA Price Analysis

The coin has experienced tremendous growth over the past year, and in April, it managed to hit an all-time high of 15.90. However, the altcoin was not immune to market volatility, hence retreated just like the rest of the market in May. The token is currently making bullish gains, and it could create new highs if the bulls persist.

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If the upswing continues and buying support remains strong during the next few days, we could see THETA breaking past resistance at $7.60. From here, the next resistance will be $8.50, and if it manages to break past this, the token could be headed towards recovering its ATH.

On the other hand, market support could fail, in which case we could see the coin heading towards retesting lower levels of $5.25 and later $4.40. A downtrend could happen if traders decide to sell after speculating a downtrend.

Besides the ongoing market support, the coin is also gaining because of the hard fork upgrade released late July. The upgrade is aimed to bring several improvements into the THETA network to ensure that the network gains scalability and becomes fully optimized for users.

THETA is a network that offers peer-to-peer transactions to enable video delivery through blockchain technology. The network offers higher quality and low costs related to streaming services. Some companies that use the Enterprise Validator Nodes on THETA include Binance, Google and Samsung.

Where to Buy THETA

To purchase the THETA token, create a cryptocurrency exchange account on the following platforms:

  • eToro

eToro has a great reputation in the crypto market for being among the few exchanges favouring beginner traders. It does this through friendly features like social copy trading. eToro’s trading fees and commissions are also user-friendly.

  • OKEx

You can buy THETA from OKEx, one of the largest cryptocurrency exchange platforms. It supports a wide range of cryptocurrencies and trading pairs. It also offers high liquidity, meaning that trades are settled faster. OKEx also offers user-friendly features and fees.

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