Storj Price Prediction for Today, October 6 – STORJ Technical Analysis

The Storj price prediction shows that STORJ begins with a steady increase above the $0.42 resistance as it is currently rising and might rally further.

Storj Prediction Statistics Data:

• Storj price now – $0.43
• Storj market cap – $182.6 million
• Storj circulating supply – 398.1 million
• Storj total supply – 424.9 million
• Storj Coinmarketcap ranking – #134

STORJ/USD Market

Key levels:

Resistance Levels: $0.60, $0.65, $0.70

Support Levels: $0.25, $0.20, $0.15

STORJ/USD looks green today as the price hovers above the resistance level of $0.42. A daily close above the 9-day moving average may increase the Storj price to the resistance level of $0.45. However, traders should note that a consistent price increase may bring more buyers into the market as bulls increase their positions.

Storj Price Prediction: STORJ/USD May Begin to Move Higher

According to the daily chart, if the Storj price stays above the 9-day and 21-day moving averages, it is likely to break above the upper boundary of the channel. On that note, the daily chart also reveals that if the 9-day moving average remains above the 21-day moving average, it confirms the presence of the bulls in the market.

Meanwhile, if the bulls fail to push the coin to the upside, the bears may take advantage and bring the market price toward the lower boundary of the channel. However, the technical indicator Relative Strength Index (14) crosses above the 60-level. If the Storj price rises and stays above the channel, touching the resistance level of $0.50 could locate the potential resistance levels at $0.60, $0.65, and $0.70 but sliding below the lower boundary of the channel could bring the price to the supports at $0.25, $0.20, and $0.15.

STORJ/BTC Begins the Upward Movement

Against Bitcoin, the Storj price is hovering within the 9-day and 21-day moving averages as the intraday trading is bullish. The coin may cross above the upper boundary of the channel, which could hit the resistance level at 2000 SAT and above.

On the contrary, if the sellers bring the market to the south, traders can expect a bearish drop toward the lower boundary of the channel, breaking below this barrier may locate the support at 1200 SAT and below. Meanwhile, any further bullish movement above the channel could give more bullish signals in the market.

Storj Alternatives

The Storj price is currently trading around the $0.43 level within the 9-day and 21-day moving averages. In the range of the ascending channel, the closest support could be located at $0.40, with a close resistance at $0.45. Meanwhile, if the market increases, additional resistance can be found above the upper boundary of the channel.

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