Storj stands in the 2nd spot on the daily crypto mover’s list today after its price has increased by 6.51%. Additionally, signs coming from the STORJ/USD are predicting that price action may rise toward the 0.4500 price mark. Let’s examine the chance of STORJ hitting the $0.4500 mark.
Storj Analysis Data:
STORJ/USD Value Now: $0.4280
Storj Market Cap: $172,311,007
STORJ Moving Supply: 412,937,122
STORJ Total Supply: 424,999,998
STORJ CoinMarketCap Ranking: 177
Major Price Levels:
Top: $0.4280, $0.4320, and $0.4370
Base: $0.4230, $0.4200, and $0.4170
STORJ/USD Breaks the Breaks Above the 0.4174 Price Level
The STORJ/USD price action has been impressive, as it broke through 0.4174 and almost reached 0.4300 in one session. Also, it can be seen that price action continues to diverge away from the drawn upside-sloping trendline. Additionally, both lines of the Moving Average Convergence Divergence (MACD) indicator have now risen above the equilibrium level. Meanwhile, the bar on this indicator is green and keeps growing. Furthermore, it could be perceived that price action remains above the middle limit of the Bollinger Bands. Consequently, this points out that this market still has upside potential.
STORJ/USD Sticks to an Upside Focus After Hitting the Highest Limit of the Bollinger Bands
On the 4-hour STORJ/USD market, price action has tested the resistance at the highest limit of the Bollinger Bands. Although it has a significantly smaller body than the previous one, the last price candle here stays bullish. Also, price activity remains above the middle limit of the used Bollinger Bands indicator. And this suggests a price uptrend, so the upper limit of the Bollinger Bands may be pushed further. Additionally, the MACD indicator curves have just delivered an upside crossover, and their lines are rising above the equilibrium level. Consequently, it appears that price movements are still aligned to at least hit the 0.4350 price mark.
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