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.
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.
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?
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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Source: https://coinpedia.org/price-analysis/theta-price-matic-and-eos-trends/
