Theta MainNet 3.0 Launch Today! Possible Scenarios
Updated
Today! Launch of Theta MainNet 3.0! 9 hours left!
Theta MainNet 3.0 introducing TFUEL staking & uptime mining. Today's event will undoubtedly mark the next step in the development of Theta Network. We've been waiting for this for a long time!
While TFUEL has performed well in recent months, it has also been impacted by sharp fluctuations in the Bitcoin price. Today's event will definitely have a positive impact on the state of the Theta ecosystem and the TFUEL price. However, Bitcoin should continue to rise today. If the Bitcoin uptrend continues, then the increase in the TFUEL price can be very large. I think we can see a return to 0.50 USDT at least.
If Bitcoin drops below 34,000 USDT, we may see a prolonged TFUEL downtrend.
Let's watch!
Not investment advice.
Theta MainNet 3.0 introducing TFUEL staking & uptime mining. Today's event will undoubtedly mark the next step in the development of Theta Network. We've been waiting for this for a long time!
While TFUEL has performed well in recent months, it has also been impacted by sharp fluctuations in the Bitcoin price. Today's event will definitely have a positive impact on the state of the Theta ecosystem and the TFUEL price. However, Bitcoin should continue to rise today. If the Bitcoin uptrend continues, then the increase in the TFUEL price can be very large. I think we can see a return to 0.50 USDT at least.
If Bitcoin drops below 34,000 USDT, we may see a prolonged TFUEL downtrend.
Let's watch!
Not investment advice.
Note
4 hours left! The first big jump in TFUEL price has just happened.It looks like Bitcoin has started a slow upward movement as well. This is obviously a good sign!
Trade closed manually
Bitcoin downtrend, coupled with high selling pressure, made it impossible for TFUEL to return to previous FIB 0.618 support level. Obviously, we could not see 0.50 USDT level either.
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