Right now, the cryptos are having a new bloodbath, Theta is down 10% and Bitcoin and Ethereum are down at least 5% each. This could get pretty ugly for Theta, especially if the support level of $3.49 were to break. If that would be the case, we are probably going down to around $2.90 which is where we have the next monthly pivot point. And that level is quite interesting since that corresponds with the long term supporting trendline and that could be the low of the bull flag formation we have had for about 8 months.
Link to Medium article:
https://medium.com/theta-network/meet-the-winners-of-the-theta-hackathon-796501144381
Link to Theta tweet about Hackathon:
https://twitter.com/Theta_Network/status/1469366462473113600?s=20
- Theta_Network
And down here is the Twitter account for CoinGecko:
@CoinGecko