THE ($THETA ) Price Analysis for December 29
THE has surged +12.98%, currently trading at $1.5303, reflecting positive market momentum as demand for the token increases.
---
Market Overview
Market Cap: $129.84M
Fully Diluted Market Cap: $501.57M
Market Dominance: 0.0053%
Volume: $66.46M (Vol/Market Cap: 51.18%)
Circulating Supply: 84.42M THE
Total Supply: 234.84M THE
Max Supply: 326.12M THE
---
Historical Context
Issue Date: January 5, 2023
All-Time High: $12.3643 (January 5, 2023)
All-Time Low: $0.0722 (April 2023)
---
Technical Analysis
THE's +12.98% price increase over the last 24 hours signals a rise in investor interest. With a volume of $66.46M and a 51.18% Vol/Market Cap ratio, market activity remains strong. The circulating supply of 84.42M THE gives the token potential for further upward movement if buying pressure continues.
---
Key Levels to Watch
Resistance Level: Around $1.60
Support Level: Around $1.40
Potential for Upside: If the bullish momentum continues, THE could target its next resistance level near $1.60.
---
The recent surge in price and volume indicates that THE could maintain its upward trajectory, provided market sentiment stays favorable.
