STORJ Price Prediction for June 19: STORJ/USD Is Trending Upwards

STORJ/USD Price has moved a whopping 11.30 percent today. Also, looking at the general performance of the crypto, the price is gradually increasing. Currently, STORJ/USD is trading within the price range of $0.4667- 0.5119.

STORJ Current Price: $0.4600
STORJ Market Cap: $195.9 Million
Total Supply: 425 Million
Rank: 116

Key Levels:
Resistance: $0.4702, $0.581, $0.6133
Support: $0.4281, $0.3604, $0.3309

STORJ Prediction: STORJ/USD Price Movement on the 4-hour Chart

Moving on, in the STORJ/USD 4-hour chart, price action is running in an upward-sloping price channel. Also, it appears that the noticed gradual uptrend has begun since the 15th of this month. At some point, the price action broke through the price channel in a fake-out. Also, we can see that the 9 and 21- days are about to cross each other while still under the price action. If this happens STORJ price will rise further.

Looking at the Relative Strength Index indicator, we can perceive that the fast line has exited the oversold region, while the slower one follows.  The RSI indicator reveals that the upcoming trend is strong, and could be utilized. Furthermore, we can see that the RSI lines are widely separated hinting that the price may rally further before it crosses again for a downtrend. Should this form continues, STORJ/USD may reach price levels of $0.5000 and 0.5500.

STORJ Prediction: STORJ/USD Price Movement on the Daily Chart

STORJ has moved considerably today, yet on the daily chart, it appears to be raging. The last bullish candle on the daily chart confirms the gain in the crypto’s price for the day. Furthermore, we can observe that the 9-day moving average has crossed under last three candles on the chart. Therefore, we can assume that this crossing of the 9-day MA may push up the crypto’s price action a bit.

Eventually, if the two moving averages should cross below the price action, then STORJ/USD may further move up. Moreover, the lines of the RSI indicator are strongly approaching the oversold region, and this is displaying the strength of the current uptrend. On the other hand, if the RSI lines should cross while still under the 70% level on the RSI, the crypto’s price may find lower support at $0.4424 and $0.3500.

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