Storj Price Prediction for Today, December 15 – STORJ Technical Analysis

The Storj price prediction shows that STORJ begins a progressive movement as the market price increases above the moving averages.

Storj Prediction Statistics Data:

• Storj price now – $0.81
• Storj market cap – $328.9 million
• Storj circulating supply – 388 million
• Storj total supply – 424.9 million
• Storj Coinmarketcap ranking – #140

STORJ/USD Market

Key Levels:

Resistance levels: $1.00, $1.10, $1.20

Support levels: $0.50, $0.45, $0.40

STORJ/USD bulls have been attempting to move above the upper boundary of the channel. The $0.69 support level is the critical support where the price touched today. Meanwhile, the Storj price has earlier trades around this level before making an upward movement and this makes the support level a strong support zone.

Storj Price Prediction: Can Storj Move to the Upside?

The Storj price is likely to rise more if the bulls can defend the $0.69 level; the coin may continue its upward movement above the 9-day and 21-day moving averages after pushing the coin to the upside. Therefore, any further bullish movement may take the coin to the potential resistance levels of $0.50, $0.45, and $0.40.

Nonetheless, the current prediction may be invalidated should the bears slide below the lower boundary of the channel, and the Storj price may fall to the low of $0.50, $0.45, and $0.40 support levels. Moreover, the 9-day moving average may need to cross above the 21-day moving average which could suggest more bullish signals.

STORJ/BTC Moves to the North

Against Bitcoin, the Storj price is currently trading above the 9-day moving average. However, the red line of the 9-day moving average may likely make a bullish cross above the green line of the 21-day moving average to touch the nearest resistance of 2000 SAT.

Therefore, if the buyers could push the price toward the upper boundary of the channel, higher resistance lies at 2400 and above. Moreover, should the bulls fail to move it upward, then, the nearest support level could be located at 1200 SAT and below.

Alternatives to Storj

The Storj price is facing the upside as the coin heads toward the upper boundary of the channel. However, if the market continues with the upward movement, the $0.90 resistance level is likely to surface. Meanwhile, STORJ/USD may further look for higher price levels if the bulls continue to show commitment by increasing the buying pressure within the market.

However, considering the investment potential of $BTCMTX, a newly introduced token with a presale close to $5.3 million. Compare it with established tokens like STORJ, recognizing the potential for higher rewards due to $BTCMTX’s early success. Investors are encouraged to explore the promising journey of $BTCMTX in the cryptocurrency landscape, keeping in mind the presale momentum, community interest, and growth prospects.