Technical Analysis: THETA Surges 20%, While LEO Falls Lower, Again – Market Updates Bitcoin News

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LEO fell for a second consecutive session, as THETA ignored market uncertainty and climbed by close to 20% today.

LEO fell for a second consecutive session, as crypto markets traded with higher levels of volatility on Thursday. THETA ignored this uncertainty and climbed by close to 20% today.Following turbulence during today’s trading session, the global cryptocurrency market capitalisation was able to climb, and was around 1% higher as of writing. .

THETA, which was trading at a low of $3.33 on Wednesday, climbed to an intraday high of $4.11 earlier today.As a result of the breakout, the 10/25 day moving averages marginally crossed, and this was the first upward cross since late December.Price strength also broke new ground, with the 14-day RSI moving to 62, after moving past its long-term ceiling of 59.Due to increased levels of volatility, markets mainly consolidated and there were not many sizeable losers.

 

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