Is It Too Late To Buy THE? Thena Price Surges 146% And This Might Be The Next Crypto To Explode

The Thena price surged 146% in the last 24 hours to trade at $3.41 as of 11:26 p.m. EST on trading volume that surged 94% to $120 billion.

Thena Price Gearing Up Towards A Bullish Rally

The Thena price analysis on the 1-hour timeframe shows that THE is currently on a strong bullish trend, evidenced by the parabolic rise from the $1.0 support zone. Despite plunging from the $4.0 resistance, the price now seems to be rebounding from the $2.86 support, according to data from GeckoTerminal.

The current rebound from the $2.86 support is forming what seems to be a rounding bottom pattern, which is typically a bullish trend reversal.

THE now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the general bullish outlook.

Meanwhile, the Relative Strength Index (RSI) is at 66.95, indicating that the asset is nearing overbought conditions but not yet at extreme levels (overbought threshold: 70). The RSI shows that the price still has room for upward movement, but caution should be taken as the RSI approaches overbought territory.

The Average Directional Index (ADX) is at 54.94, which is very high. This suggests that the trend is extremely strong, which confirms the current bullish trend’s strength, with no signs of weakening yet.

Thena Price Chart Analysis Source: GeckoTerminal
THEUSD Chart Analysis Source: GeckoTerminal

Thena Price Prediction

According to the Thena price Analysis, THE is currently on a bullish trend reversal, with the bulls aiming to push the token even further above. If the Thena price capitalizes on the major indicators, including the RSI and ADX, the bulls could push THE to the next possible target at $5.0.

However, if the bears take control of the price at this level, the Thena price could plunge back to the 50-day SMA, around $1.79, acting as the immediate support level after $2.86.

Meanwhile, investors who are looking for diversification opportunities might consider the newly launched Best Wallet (BEST) presale, which, according to an analyst on the YouTube channel 99Bitcoins with over 709k subscribers, says is his favorite crypto wallet.

Best Wallet Presale Amasses Over $1.4 Million

Leading Web3 wallet Best Wallet ($BEST) has raised an additional $400,000 in just three days since its public presale launch, bringing total funds raised to over $1.4 million.

Best Wallet is a Web3 crypto wallet that offers advanced Features and an intuitive interface, setting itself apart from traditional wallets like MetaMask.

What sets Best Wallet apart are its superior Features, including significantly lower fees and innovative tools like the “Upcoming Tokens” feature, which helps users identify potential hidden gems in the token space.

This tool has already proven its effectiveness, playing a vital role in the early success of Catslap ($SLAP), which delivered an impressive 26x return for investors.

The $BEST token is the governance token of Best Wallet’s expanding ecosystem, which includes the wallet, Best DEX, and the upcoming Best Card. It is the key to unlocking a range of benefits designed to enhance the experience of every Bitcoin wallet user.

Investors can currently purchase $BEST for $0.022825. Buy now to lock in the best deal, as the price will increase in about 30 hours and continue rising as the presale progresses.

To join the presale, users must first download Best Wallet from Google Play or the Apple App Store, then tap on the Upcoming Tokens section to purchase $BEST tokens.

To join the presale, download Best Wallet at the official $BEST Token website here.

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