STORJ Price Action Holds Firm Above Support with Bullish Setup in Focus
Market Analysis: Storj is currently showing signs of bullish momentum, trading above key support levels around $0.250 and targeting breakout points at $0.3377 and $0.3524, with a community sentiment of 91% favoring price appreciation.
Technical Indicators: The price structure indicates higher highs and lows, while short-term indicators like RSI and MACD suggest potential for further upward movement; however, caution is advised as failure to maintain above $0.254 could lead to a bearish reversal.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for STORJ
Technical Sentiment Analysis for Storj (STORJ). As of , Storj (STORJ) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STORJ stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STORJ is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Storj (STORJ) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0569 | 0.0752 | 0.0882 | 0.106 | 0.12 | 0.138 | 0.151 |
| Fibonacci | 0.0752 | 0.0871 | 0.0945 | 0.106 | 0.118 | 0.126 | 0.138 |
About STORJ
About the author
