Storj (STORJ) Price Prediction – July 15
Some indicators still depict that the Storj market appears to surge higher further, contending with the valuation of the US Dollar. The record financial book of the crypto economy in the last 52 weeks has a high and a low of $3.49 and $0.3308. Price trades around $0.6836 at a positive percentage rate of 4.97.
STORJ Price Statistics:
STORJ price now – $0.6842
STORJ market cap – $273.1 million
STORJ circulating supply – 397.6 million
STORJ total supply – 425 million
Coinmarketcap ranking – #104
Storj (STORJ) Market
Resistance levels: $0.75, $0.85, $95
Support levels: $0.50, $0.40, $0.30
STORJ/USD – Daily Chart
The STORJ/USD daily chart showcases the crypto price appears to surge higher further from around the trend line of the smaller SMA. The 14-day SMA indicator is underneath the 50-day SMA indicator. The horizontal line drawn at the $0.3300 level below the SMAs makes a baseline from which the price has swung northward. The Stochastic Oscillators between the ranges of 40 and the oversold region with the market holding much back against aggressive free fall-offs.
Can the STORJ/USD market operation move down to its previous low?
The Storj/USD market operation may not move down to its previous low soon as indicators are suggesting that the crypto economy can surge higher further in the near time. The moving nature of the Stochastic Oscillators between the oversold and the ranges of 40 shows bulls are somewhat preparing the grand to push upward above its current trading spot. It would be more technically ideal for investors to look in the direction of this crypto economy to invest in it now.
On the downside of the technical analysis, it could be a tough trading session from now until some days’ sessions to see the crypto’s valuation declining freely from its SMAs of 14-day and 50-day. To this end, short-position takers needed to be wary of northward pushes around those trading indicators. On the contrary, if a bearish candlestick emerges against both the SMAs, it could mean bears have successfully built a selling wall that may give sellers the priority to get decent entry in the subsequent operations. But, investors need not run into panic sales of their positions.
STORJ/BTC Price Analysis
STORJ has not given a damn to Bitcoin in its trending motions. Despite the cryptocurrency pair price’s correction, the pairing instrument appears to still surge higher further in the following sessions. The 14-day SMA indicator is above the 50-day SMA indicator. The Stochastic Oscillators are in the oversold region, moving in a consolidation manner to showcase the counter crypto may soon be relaxing in its efforts against the base crypto. A smaller bullish candlestick is in the making to signify the possibility of seeing more ups soon.
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