Theta price after a notable recovery appears poised to smash $10 zone initially and later rally above
Enjin Coin also follows the suit and jumps more than 18%, accumulating the weekly gains in a day
Theta Price Jumps More Than 11%
Theta price was consolidating well around $10 since the beginning of May and expected to pull a leg up soon. However, the black wednesday crash drained the price to $3.72 within minutes, yet initiated with a recovery soon.
The price rose up above $6 the same day and kept the bullish momentum intact. Since then the price is consolidating yet again in between $4 to $8 levels and awaited for a bigger push. However, since the early trading hours the price initiated with a bull run and jumped notably.
The trading volume also jumped with a decent margin of about 15%, registering $467 million. The market capitalization also increased more than 11% to surpass $7 billion levels. At the time of writing, the theta price is $7.12 with a jump of 11.34% since the past working day.
- The resistance levels are at $10.2
- The support levels are at $6.32
- The indicators point out towards a sell signal
Also Read: Shiba INU price Rebounds Lower Trend Line, Will It Smash Its ATH?
Enjin Coin Price Surges Nearly 37%
Enjin coin price speeds up its rebound towards the lost positions with an accelerated pace. The price after revisiting lower levels around $0.73, incorporated with a giant bullish rally from the past couple of days.
The first phase of recovery raised the price from the lowest levels to $1.25 and entered the consolidation phase for some time. Further the price received an immense boost to propel harder towards the current levels.
At the time of writing, the Enjin coin price is $1.64 with a huge jump of 36.38% in the past 24 hours. The trading volume jumped nearly 46% to mark more than $306 million with an increase in market cap of about 33%, to surpass $1 billion.
- The resistance levels are at $1.97
- The support levels are $1.12
- The indicators point out towards a sell indicator
Also Read: A Popular Analyst Sets The Most Insane Target For Bitcoin Price