Theta is a video and gaming content platform at the best quality without buffering with the provision of 4K, 8K and virtual reality (VR) technologies. It also opens up opportunities for content creators to generate side income with token rewards.
Several partners have partnered with Theta. Among them, KardiaChain, THETAtv, Google, Shout! Factory, LINE Tech Plus, Samsung VR, CJ Hello, Pandora TV, MovieBloc, playlabs, BTCUpload, Nervos and more.
The Creative Artists Agency (CAA) is among the latest to join the Theta blockchain network.
Welcome on board CAA! Now you're in good company Google, Sony, Samsung et al! https://t.co/LbEedpLk7R
- mitchliu (@mitchliu) May 27, 2021
Among the reasons they joined Theta was to help validate blockchain -based video delivery networks.
In the meantime, let's look at the THETA/USDT price movement.
On the THETA/USDT price movement chart, it can be seen that at the $ 8.80 level, it is a difficult wall to break before making a higher rise.
If THETA price movement manages to break the $ 8.80 price level, the next target is the SBR (support become resistance) zone around $ 9.30 - $ 9.90 to test.
For a higher rise, the price will head to the resistance level of $ 12.5 and will likely reach the price level around $ 14.5 as expected by crypto analysts.
However, if the price continues to decline to lower price levels, the RBS (resistance become support) zone around the $ 6 price will be tested and will be the focus of investors to expect to make a retracement or continue to maintain the bearish trend.
