Theta Network Price Surge: Could THETA Hit $1.04 Soon?

Theta Network (THETA) is currently trading at $0.3108, down 6.39% over the last 24 hours. Trading volume also dropped sharply, registering $30.29 million, a 40.7% decrease from the previous day.

Despite this short-term pullback, the token has gained 5.42% over the past week, indicating a mixed sentiment among investors. Analysts attribute the recent volatility to broader market conditions and investor caution, as traders assess Theta’s medium-term prospects.

Source: CoinMarketCap

Current Consolidation in Descending Channel

According to crypto analyst Profit Demon, THETA is currently consolidating within a descending channel on the daily timeframe, suggesting a period of stabilization after recent fluctuations. Indicators are showing bullish signals, favoring an upward momentum that could unfold in the coming weeks. 

If the positive trend continues, the analyst identifies potential price targets at $0.37, $0.47, $0.59, $0.79, and $1.04, indicating multiple stages of growth that investors may watch closely. Technical experts emphasize that while short-term volatility remains, the current setup could provide a foundation for a recovery rally.

Source: X

Also Read | Theta Network Price Explosion: THETA Could Hit $15.90 Again

THETA Price Prediction for 2026

According to DigitalCoinPrice, THETA could surpass the $0.55 mark by the end of the year. Analysts note that before achieving this milestone, the network might briefly test resistance levels around $0.48.

If market conditions remain supportive, Theta Network may even challenge its previous all-time high of $15.90 over the longer term, with sustained gains dependent on adoption, ecosystem developments, and broader cryptocurrency market trends.

Investors remain attentive to both technical signals and fundamental updates, balancing the potential for short-term corrections with optimistic long-term outlooks. With consolidation giving way to bullish momentum, Theta Network’s performance in the upcoming months will be closely watched by traders and market analysts alike.

Also Read | THETA Set for Powerful Breakout: Analysts Eye $3.30 Price Target