Theta cryptocurrency is poised to break out of its long-term bearish trend and may experience a bull run soon.
Analysts suggest that Theta could rally towards levels as high as $2.10 once it confidently breaks out of its resistance.
Traders are closely watching Theta's movement towards the resistance level as indicators like MACD show early signs of positive momentum.
If Theta successfully closes above the resistance and the moving average, it is likely to see an increase in bullish momentum, potentially hitting price targets of $1.00, $1.25, $1.75, and even $2.10.