Theta Fuel (TFUEL) Price Prediction 2024, 2025–2030

Explore short and medium-term Theta Fuel price prediction analysis and check long-term Theta Fuel forecasts for 2025, 2030, and beyond

5-Day Prediction
$?0.056562
1-Month Prediction
$?0.115366
3-Month Prediction
$?0.118396
6-Month Prediction
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1-Year Prediction
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2025 Prediction
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2030 Prediction
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2040 Prediction
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2050 Prediction
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Current Price $?0.055337
Price Prediction $?0.115366  (108.74%)
Fear & Greed Index 69 (Greed)
Sentiment Bearish
Volatility 5.40%
Green Days 11/30 (37%)
50-Day SMA $?0.061826
200-Day SMA $?0.075329
14-Day RSI 27.67

According to our current Theta Fuel price prediction, the price of Theta Fuel is predicted to rise by 108.74% and reach $?0.115366 by November 28, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 69 (Greed). Theta Fuel recorded 11/30 (37%) green days with 5.40% price volatility over the last 30 days. Based on the Theta Fuel forecast, it's now a bad time to buy Theta Fuel.

$
≈ $?2,231.38

If you invest $?1,000.00 in Theta Fuel today and hold until Feb 26, 2025, our prediction suggests you could see a potential profit of $?2,231.38, reflecting a 223.14% ROI over the next 119 days (fees are not included in this estimate).

Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Short-Term Theta Fuel Price Targets

DatePredictionPotential ROI
Oct 30, 2024$?0.055268
0.12%
Oct 31, 2024$?0.058739
6.15%
Nov 01, 2024$?0.05882
6.29%
Nov 02, 2024$?0.058248
5.26%
Nov 03, 2024$?0.056562
2.21%

Over the next five days, Theta Fuel will reach the highest price of $?0.05882 on Nov 01, 2024, which would represent 6.29% growth compared to the current price. This follows a -9.09% price change over the last 7 days.

Theta Fuel Prediction Table

202420252026202720282029203020402050
MonthMin. PriceAvg. PriceMax. PricePotential ROI
Oct 2024$?0.055268$?0.081422$?0.130311
135.49%
Nov 2024$?0.114$?0.130006$?0.147736
166.97%
Dec 2024$?0.124455$?0.125732$?0.127008
129.52%

In 2024, Theta Fuel (TFUEL) is anticipated to change hands in a trading channel between $?0.055268 and $?0.147736, leading to an average annualized price of $?0.112386. This could result in a potential return on investment of 166.97% compared to the current rates.

Theta Fuel Price Prediction 2024

October 2024: TFUEL Prediction

With a negative market trend seen last month (with the price of TFUEL losing -19.92%), Theta Fuel is expected to reject the trend in October. The projected monthly trading range is between $?0.055268 and $?0.130311, with the average monthly value sitting at $?0.081422, which would be a 17.83% increase compared to the previous month. This could offer investors a potential return of 135.49%.

Potential ROI: 135.49%

November 2024: TFUEL Prediction

Forecasts for November suggest a continuation of the market trend, with a potential price increase to $?0.130006. The expected price range lies between $?0.114 and $?0.147736, influenced by last month's market performance. Investors may witness a potential gain of 166.97%, if they decide to buy TFUEL at current prices and sell it at predicted rates.

Potential ROI: 166.97%

December 2024: TFUEL Prediction

Theta Fuel is predicted to finish the year by changing hands in a trading channel between $?0.124455 and $?0.127008. This would entail that the price of TFUEL increased by 127.21% in comparison to today’s prices (assuming December’s average price of $?0.125732). In other words, investors would generate a potential profit of 129.52% if TFUEL follows the prediction.

Potential ROI: 129.52%

Theta Fuel Price Prediction 2025

In 2025, Theta Fuel is forecasted to trade in a price channel between $?0.066659 and $?0.178815. On average, TFUEL is expected to change hands at $?0.104965 during the year. The most bullish month for TFUEL could be February, when the currency is anticipated to trade 223.14% higher than today.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?0.095799$?0.11545$?0.130492
135.81%
February$?0.096699$?0.122804$?0.178815
223.14%
March$?0.117589$?0.140231$?0.177968
221.61%
April$?0.094503$?0.108251$?0.119755
116.41%
May$?0.106497$?0.115053$?0.125252
126.34%
June$?0.097043$?0.107012$?0.128023
131.35%
July$?0.102232$?0.107574$?0.121118
118.87%
August$?0.107002$?0.116239$?0.127143
129.76%
September$?0.081503$?0.091675$?0.108207
95.54%
October$?0.066989$?0.079132$?0.0914
65.17%
November$?0.066659$?0.081128$?0.088724
60.33%
December$?0.072067$?0.075036$?0.078659
42.15%

Theta Fuel Price Prediction 2026

Generally speaking, Theta Fuel price prediction for 2026 is bearish. The TFUEL cryptocurrency is forecasted to hit a high point of $?0.087491 in January and reach a low of $?0.044478 in November. Overall, TFUEL is expected to trade at an average price of $?0.05338 in 2026.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?0.074509$?0.079915$?0.087491
58.10%
February$?0.05198$?0.067354$?0.077144
39.41%
March$?0.048383$?0.051598$?0.053486
3.34%
April$?0.046973$?0.048834$?0.050111
9.44%
May$?0.04813$?0.050512$?0.052373
5.36%
June$?0.050101$?0.051879$?0.054666
1.21%
July$?0.049061$?0.049959$?0.051311
7.28%
August$?0.048062$?0.049119$?0.051644
6.67%
September$?0.047066$?0.048668$?0.05174
6.50%
October$?0.045311$?0.046754$?0.048309
12.70%
November$?0.044478$?0.045963$?0.048137
13.01%
December$?0.048058$?0.050003$?0.051153
7.56%

Theta Fuel Price Prediction 2027

The outlook for Theta Fuel in 2027 indicates a possible downtrend, with an expected price of $?0.047162. This represents a -14.77% decrease from the current price. The asset's price is projected to oscillate between $?0.044208 in August and $?0.052083 in January. Investors could see a potential ROI of 5.88%, suggesting a challenging investment environment.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?0.04791$?0.050032$?0.052083
5.88%
February$?0.048865$?0.049809$?0.050565
8.62%
March$?0.047166$?0.04851$?0.050151
9.37%
April$?0.044798$?0.046629$?0.047536
14.10%
May$?0.044437$?0.04549$?0.046229
16.46%
June$?0.046181$?0.046883$?0.047472
14.21%
July$?0.044387$?0.045313$?0.046598
15.79%
August$?0.044208$?0.044771$?0.04519
18.34%
September$?0.044425$?0.045147$?0.046151
16.60%
October$?0.046445$?0.047309$?0.048199
12.90%
November$?0.04734$?0.048159$?0.048968
11.51%
December$?0.046701$?0.047894$?0.049798
10.01%

Theta Fuel Price Prediction 2028

Following a bearish trend in the previous year, 2028 is expected to continue this momentum. Theta Fuel’s value is forecasted to increase, potentially reaching an average price of $?0.078079. The price is predicted to fluctuate between a low of $?0.046542 in January and a high of $?0.303167 in December.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?0.046542$?0.047208$?0.048686
12.02%
February$?0.04865$?0.055364$?0.059042
6.69%
March$?0.054831$?0.057803$?0.06356
14.86%
April$?0.056786$?0.061379$?0.064981
17.43%
May$?0.056871$?0.060144$?0.062852
13.58%
June$?0.051865$?0.054005$?0.056199
1.56%
July$?0.048328$?0.052617$?0.054494
1.52%
August$?0.04966$?0.050671$?0.052406
5.30%
September$?0.049567$?0.051742$?0.053633
3.08%
October$?0.049634$?0.051864$?0.059372
7.29%
November$?0.053181$?0.139479$?0.255391
361.52%
December$?0.208336$?0.254671$?0.303167
447.86%

Theta Fuel Price Prediction 2029

Forecasts for 2029 suggest that TFUEL will experience a significant growth, with expected fluctuation ranging from $?0.080865 to $?0.388382. Investors might anticipate a potential ROI of 601.85%, aligning with a bullish outlook for the year.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?0.160763$?0.214714$?0.255887
362.41%
February$?0.163232$?0.243254$?0.388382
601.85%
March$?0.213452$?0.275908$?0.38606
597.65%
April$?0.15721$?0.193292$?0.226448
309.22%
May$?0.191183$?0.217218$?0.249118
350.18%
June$?0.164175$?0.18735$?0.232257
319.71%
July$?0.178401$?0.195536$?0.230185
315.97%
August$?0.19148$?0.214834$?0.246703
345.82%
September$?0.121565$?0.146039$?0.194785
252.00%
October$?0.080865$?0.111342$?0.128461
132.14%
November$?0.103364$?0.122016$?0.141366
155.46%
December$?0.095693$?0.103874$?0.113768
105.59%

Theta Fuel Price Prediction 2030

In the long term, Theta Fuel could reach a price of $?0.137983 in January of 2030. That’s a rather optimistic scenario, as TFUEL could trade as low as $?0.020048 in November. Overall, TFUEL’s price is projected to hover at around $?0.044036 during the year, about -20.42% below the current price of $?0.055337.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?0.102389$?0.117189$?0.137983
149.35%
February$?0.040618$?0.078223$?0.109613
98.08%
March$?0.027448$?0.038473$?0.043996
20.50%
April$?0.02689$?0.032227$?0.035493
35.86%
May$?0.030062$?0.037239$?0.041696
24.65%
June$?0.035359$?0.039972$?0.047982
13.29%
July$?0.032615$?0.034921$?0.038784
29.91%
August$?0.029876$?0.033103$?0.039696
28.26%
September$?0.027144$?0.031011$?0.039959
27.79%
October$?0.020715$?0.025692$?0.030349
45.16%
November$?0.020048$?0.024709$?0.03008
45.64%
December$?0.032067$?0.035674$?0.038352
30.69%

Theta Fuel Price Prediction For Years 2024, 2025, 2026, 2027, 2028, 2029, and 2030

Over the next several years, Theta Fuel is projected to increase, with prices potentially reaching $?0.388382 by 2029. This represents a 601.85% gain from today's value. The long-term forecast suggests a bullish trend, with potential highs of $?0.388382 and lows of $?0.020048 over the period.

YearMin. PriceAvg. PriceMax. PricePotential ROI
2024$?0.055268$?0.028097$?0.147736
166.97%
2025$?0.066659$?0.104965$?0.178815
223.14%
2026$?0.044478$?0.05338$?0.087491
58.10%
2027$?0.044208$?0.047162$?0.052083
5.88%
2028$?0.046542$?0.078079$?0.303167
447.86%
2029$?0.080865$?0.185448$?0.388382
601.85%
2030$?0.020048$?0.044036$?0.137983
149.35%

Theta Fuel Technical Analysis

Sentiment

Bearish

Based on data from October 29, 2024 at 06:30, the general Theta Fuel price prediction sentiment is bearish , with 8 technical analysis indicators signaling bullish signals, and 23 signaling bearish signals.

TFUEL price prediction was last updated on October 29, 2024 at 06:30.

Theta Fuel's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

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Based on our technical indicators, Theta Fuel's 200-day SMA will drop in the next month and will hit $?0.072076 by Nov 28, 2024. Theta Fuel's short-term 50-Day SMA is estimated to hit $?0.072 by Nov 28, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 27.67, which indicates that the TFUEL market is in a oversold position. The RSI indicator suggests that the price of TFUEL will decrease.

Popular TFUEL Moving Averages and Oscillators for Tue, Oct 29, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$?0.056571SELL
SMA 5$?0.056748SELL
SMA 10$?0.058059SELL
SMA 21$?0.060623SELL
SMA 50$?0.061826SELL
SMA 100$?0.060948SELL
SMA 200$?0.075329SELL

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$?0.05955SELL
EMA 5$?0.060185SELL
EMA 10$?0.060845SELL
EMA 21$?0.061657SELL
EMA 50$?0.0621SELL
EMA 100$?0.064526SELL
EMA 200$?0.067207SELL

Weekly Simple Moving Average (SMA)

PeriodValueAction
SMA 21$?0.039734BUY
SMA 50$?0.064009SELL
SMA 100$?0.047686BUY
SMA 200$?0.024463BUY

Weekly Exponential Moving Average (EMA)

PeriodValueAction
EMA 21$?0.065251SELL
EMA 50$?0.066029SELL
EMA 100$?0.070414SELL
EMA 200$?0.035991BUY

Theta Fuel Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

PeriodValueAction
RSI (14)27.67NEUTRAL
Stoch RSI (14)11.02BUY
Stochastic Fast (14)12.42BUY
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)21.18NEUTRAL
Awesome Oscillator (5, 34)-0.01NEUTRAL
Momentum (10)-0.01NEUTRAL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-87.58BUY
Ultimate Oscillator (7, 14, 28)40.21NEUTRAL
VWMA (10)0.06SELL
Hull Moving Average (9)0.05BUY
Ichimoku Cloud B/L (9, 26, 52, 26)0.06NEUTRAL

Theta Fuel Key Price Levels

Based on today's classical pivot point (P1) with the value of $?0.054394, Theta Fuel has support levels of $?0.053679, $?0.052531, and the strongest at $?0.051816. Similarly, Theta Fuel resistance levels are at $?0.055542, $?0.056257, and $?0.057404.

Support Levels

#PriceStrength
S1$?0.053679  
S2$?0.052531  
S3$?0.051816  

Resistance Levels

#PriceStrength
R1$?0.055542  
R2$?0.056257  
R3$?0.057404  

Theta Fuel Correlation

Over the past 7 days, Theta Fuel price was most positively correlated with the price of and most negatively correlated with the price of .

Positively Correlated Currencies

NameCorrelation

Negatively Correlated Currencies

NameCorrelation

Theta Fuel price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Theta Fuel indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Theta Fuel, a move in one direction for Theta Fuel would translate into a move in the opposite direction for the negatively correlated coin.

Theta Fuel Price Prediction FAQ

What is Theta Fuel's price prediction today?

Based on our Theta Fuel prediction chart, the price of Theta Fuel will increase by 0.00% and reach $?0.055268 by Oct 30, 2024.

What is Theta Fuel price prediction for tomorrow?

Theta Fuel is predicted to gain 0.00% and reach a price of $?0.055268 tomorrow.

What is the Theta Fuel price prediction for this week?

According to our Theta Fuel price prediction, TFUEL is forecasted to trade within a price range of $?0.055268 and $?0.056835 this week. Theta Fuel will increase by 2.84% and reach $?0.056835 by Nov 04, 2024 if it reaches the higher value target.

What is the Theta Fuel price prediction for next week?

The Theta Fuel price prediction for next week is between $?0.056835 on the lower end and $?0.066362 on the high end. Based on our TFUEL price prediction chart, the price of Theta Fuel will increase by 16.76% and reach $?0.066362 by Nov 11, 2024 if it reaches the upper price target.

What is the Theta Fuel price prediction for 2024?

Theta Fuel is forecasted to trade within a range of $?0.055268 and $?0.147736. If it reaches the upper price target, TFUEL could increase by 166.97% and reach $?0.147736.

What is the Theta Fuel price prediction for 2025?

According to our Theta Fuel price prediction, TFUEL is forecasted to trade within a price range of $?0.055268 and $?0.147736 next year. Theta Fuel will increase by 166.97% and reach $?0.147736 if it reaches the higher value target for 2025.

What is the Theta Fuel price prediction for 2030?

The Theta Fuel price prediction for 2030 is between $?0.080865 on the lower end and $?0.388382 on the high end. Based on our TFUEL price prediction chart, the price of Theta Fuel could gain 601.85% and reach $?0.388382 if it reaches the upper price target.

Will Theta Fuel reach $1?

Theta Fuel would need to gain 1,707.11% to reach $1. According to our Theta Fuel prediction algorithm, the price of Theta Fuel will not reach $1. The highest expected price our algorithm estimates is $?0.388382 by 2029.

Will Theta Fuel reach $10?

Theta Fuel would need to gain 17,971.06% to reach $10. According to our Theta Fuel prediction algorithm, the price of Theta Fuel will not reach $10. The highest expected price our algorithm estimates is $?0.388382 by 2029.

Will Theta Fuel reach $100?

Theta Fuel would need to gain 180,610.56% to reach $100. According to our Theta Fuel prediction algorithm, the price of Theta Fuel will not reach $100. The highest expected price our algorithm estimates is $?0.388382 by 2029.

What is the current Theta Fuel sentiment?

The current Theta Fuel sentiment is bearish according to our technical analysis. The majority of technical indicators are showing sell.

What is the Theta Fuel Fear & Greed Index and what does it indicate?

Currently, the Theta Fuel Fear & Greed Index stands at 69, which means that investors’ sentiment is in the so-called Greed zone.

The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Theta Fuel investors’ sentiment, and is based primarily on Bitcoin-related market data.

Overall, the Fear & Greed Index indicates the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, and 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell.

Is it profitable to invest in Theta Fuel?

Over the last 30 days, Theta Fuel had 11/30 (37%) green days. According to our historical data, it is currently not profitable to invest in Theta Fuel. The price of Theta Fuel increased by 44.94% in the last 1 year, while the coin’s 3-year performance is -84.23%.

Is Theta Fuel a good buy in 2024?

Based on multiple technical quantitative indicators, the current forecast for Theta Fuel in 2024 is bearish. This could be an indication that Theta Fuel is a bad buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Theta Fuel or not.

What will the price of Theta Fuel be next week?

According to our Theta Fuel forecast, the price of Theta Fuel will increase by 2.34% over the next week and reach $?0.056562 by November 3, 2024.

What will the price of Theta Fuel be next month?

According to our Theta Fuel forecast, the price of Theta Fuel will increase by 108.74% over the next month and reach $?0.115366 by November 28, 2024.

What is Theta Fuel's 50-Day SMA and what does it indicate?

Theta Fuel’s 50-day SMA (simple moving average) is currently $?0.061826. The 50-day SMA indicates the average price of Theta Fuel over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive TFUEL price trend in the medium term, while a dropping SMA indicates the opposite.

The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

What is Theta Fuel's 200-Day SMA and what does it indicate?

Theta Fuel’s 200-day SMA is currently $?0.075329. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Theta Fuel 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that TFUEL has been trending downwards over the long term.

Many cryptocurrency traders pay close attention to the markets when the current Theta Fuel price crosses an important moving average like the 200-day SMA.

The 200-day SMA is calculated by taking Theta Fuel’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

What is Theta Fuel's 14-day RSI and what does it indicate?

Theta Fuel’s 14-day RSI is at 27.67, indicating that TFUEL is currently overvalued.

The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Theta Fuel. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

Will Theta Fuel go back up?

Based on our algorithmically generated price prediction for Theta Fuel, the price of TFUEL is expected to decrease by 108.74% in the next month and reach $?0.115366 on Nov 28, 2024. Additionally, Theta Fuel’s price is forecasted to gain 90.96% in the next six months and reach $?0.105542 on Apr 27, 2025. Finally, Theta Fuel is expected to trade at $?0.077102 on Oct 29, 2025, following a 39.50% value decrease in one year.

How does our price prediction for Theta Fuel work?

The Theta Fuel price prediction on CoinCodex is calculated using the historical Theta Fuel price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Theta Fuel prediction.

How to read and predict Theta Fuel price movements?

Theta Fuel traders use a variety of tools to try and determine the direction in which the TFUEL market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Theta Fuel price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Theta Fuel Price Prediction Indicators

Moving averages are among the most popular Theta Fuel price prediction tools. As the name suggests, a moving average provides the average closing price for TFUEL over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for TFUEL is a sum of TFUEL’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the TFUEL price moves above any of these averages, it is generally seen as a bullish sign for Theta Fuel. Conversely, a drop below an important moving average is usually a sign of weakness in the TFUEL market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the TFUEL price.

How to read Theta Fuel charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Theta Fuel with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Theta Fuel’s price action in 1-hour chunks. Each candlestick will display TFUEL’s opening price, closing price, as well as the highest and lowest prices that Theta Fuel reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Theta Fuel?

Just like with any other asset, the price action of Theta Fuel is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of TFUEL. The market capitalization of Theta Fuel can change significantly in a short period of time.

When trying to make a Theta Fuel forecast, many traders also try to monitor the activity of TFUEL “whales”, which are entities and individuals that control large amounts of TFUEL. Since the Theta Fuel market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Theta Fuel’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Here are some of the most commonly followed bullish candlestick patterns:

Here are some common bearish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers
  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
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TFUEL
Theta Fuel
$?0.055337
2.69% Last 24h
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