Historically, the THETA had displayed a run of more than 300% earlier in the first quarter of 2024, which peaked at $3.82. In the second quarter, it followed a downtrend by profit bookers, which extended in the third quarter with a recent BTC decline; it has been back to the $0.90 demand zone.
Despite, the massive declines in most of the other crypto globally with BTC impacting. The THETA had been the lowest to drop amid the BTC crash landing. The THETA in the past week dropped 35.84% and has been at a possibly promising accumulation level, which has been a historically proven level.
If the price shows a bullish price action, then accumulation for this crypto could be promising for the investors for an upthrust to the $4.5 mark. With probable interruption at $1.80, $2.50, and $3.50 respectively.
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