Storj Price Prediction for Today, April 1: STORJ/USD May Continue Higher; Price Touches $0.42 Resistance

Storj price prediction shows that STORJ consolidates in a flag formation as the bulls move toward the upper boundary of the channel.

Storj Market Price Statistic:

• Storj price now: $0.40
• Storj market cap: $165.2 million
• Storj circulating supply: $412.9 million
• Storj total supply: $424 million
• Storj coin market ranking: #179

STORJ/USD Market

Key Levels:

Resistance levels: $0.55, $0.60, $0.65

Support levels: $0.25, $0.20, $0.15

STORJ/USD bulls have taken control of the daily price chart following a few days’ bullish movements and the price is attempting to move toward the upper boundary of the channel. Meanwhile, looking at the chart, the Storj price is presently consolidating in a flag pattern as the trading volume rises slowly.

Storj Price Prediction: Where is STORJ Price Going Next?

Earlier today, STORJ/USD begins with a strong increase and breaks many important hurdles near $0.43 and $0.47. Meanwhile, a successful close above the $0.42 resistance level could accelerate gains and the price might surge toward $0.45 and $0.50. Any more gains could lead the price toward the resistance levels of $0.55, $0.60, and $0.65. On the other hand, if Storj starts a downside correction, it could find support near the $0.35 level. The first major support is near the $0.30 level, where the bulls are likely to take a stand.

However, if the price drops below the $0.28 support level, the pair may likely locate the $0.26 support, which is a close support level for the bears. Moreover, a bearish continuation could bring the market to critical supports at $0.25, $0.20, and $0.15 respectively. Meanwhile, the technical indicator, Relative Strength Index (14) faces upward, hoping to cross above 60-level which may likely boost the upward movement for the coin.

Against Bitcoin, the trend of the pair is facing an uptrend, trading at around 1414 SAT. Meanwhile, the coin at the moment is facing the upper boundary of the channel, and the coin may likely hit the resistance level at 1800 SAT and above if crosses above the channel.

However, if the bears step into the market, STORJ/USD may cross below the lower boundary of the channel. For now, the nearest support level for the market is located at 1000 SAT and below, but the technical indicator Relative Strength Index (14) moves to cross above the 50-level, which indicates bullish signals.

Alternatives to Storj

The Storj price may continue with the bullish movement after touching the daily high of $0.42 during the European session today. The coin is now heading toward the upper boundary of the channel to continue the bullish movement. Nonetheless, according to the official whitepaper, Love Hate Inu went this route to make sure only believers get early access. Approximately 10% of the tokens will be retained in order to fund exchange listings and provide rewards to the community. Therefore, LHINU token is successful; it has, so far, raised almost $2.5 million in the presale.