CRYPTO NEWS

Storj Price Prediction for Today, June 19: STORJ Likely To Step Above $0.60

The Storj price prediction shows that STORJ is recovering from the daily opening price at the $0.42level as the price heads to the upside.

Storj Prediction Statistics Data:

  • Storj price now – $0.55
  • Storj market cap – $218.0 billion
  • Storj circulating supply – 396.7 billion
  • Storj total supply – 396.7 billion
  • Storj Coinmarketcap ranking – #107

STORJ/USD Market

Key Levels:

Resistance levels: $0.80, $0.90, $1.00

Support levels: $0.25, $0.20, $0.15

STORJUSD – 17062022

STORJ/USD is trading above the 9-day and 21-day moving averages after touching the daily high at the $0.59 resistance level. At the time of writing, Storj is changing hands at $0.55, having gained over 27.56% since the beginning of the European session. However, with latest the recovery, the digital asset is likely to cross above the upper boundary of the channel to increase the bullish movement.

Storj Price Prediction: Can STORJ Break Above $0.60?

The Storj price stays above the 9-day and 21-day moving averages at the price level of $0.55. However, if the bulls maintain the upward trend, STORJ/USD may touch the resistance levels of $0.80, $0.90, and $1.00 to keep the price on the upside. In other words, any strong selling pressure below the 9-day moving average may drag the price towards the lower boundary of the channel.

However, should in case Storj trade below the moving averages, a bearish continuation could bring the price to the supports of $0.25, $0.20, and $0.15. Meanwhile, the technical indicator Relative Strength Index (14) is crossing above the 50-level, indicating a bullish movement.

When compared with Bitcoin, the Storj price is heading to the north as the coin moves above the 9-day and 21-day moving averages. However, following the recent positive sign, the current market movement may continue to follow the upward movement if the buyers push the price above the upper boundary of the channel.

STORJBTC – 17062022

Moreover, as the technical indicator Relative Strength Index (14) moves into the overbought region, the market price could hit the resistance level of 3600 SAT and above. Meanwhile, a retest below the moving averages could lower the price to the support level of 1700 SAT and below.

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Bitcoin Price Prediction for Today June 30: BTC Price Trades In a Tight Range above $19k

Bitcoin Bulls Overwhelm By Bears As It Trades In a Tight Range above $19k – June 30, 2022 BTC/USD has fallen to the low of $19,317 as it trades in a tight range above $19K. BTC price is stuck below the 21-day line SMA. In the interim, a recovery above the $20,000 psychological price level::Listen

Bitcoin Bulls Overwhelm By Bears As It Trades In a Tight Range above $19k – June 30, 2022

BTC/USD has fallen to the low of $19,317 as it trades in a tight range above $19K. BTC price is stuck below the 21-day line SMA. In the interim, a recovery above the $20,000 psychological price level is doubtful. However, a price rebound will catapult Bitcoin above the moving averages.

Bitcoin Price Statistics Data:
•Bitcoin price now – $19,268.30
•Bitcoin market cap –$367,682,441,604
•Bitcoin circulating supply – 19,082,250.00 BTC
•Bitcoin total supply – $404,634,216,284
•Bitcoin Coinmarketcap ranking – # 1

Resistance Levels: $50,000, $55, 000, $60,000
Support Levels: $25,000, $20,000, $15,000

Bitcoin’s (BTC) price is trading in a narrow range after the recent breakdown below the $20,000 support. On June 30, Bitcoin dropped to the low of $18,638 and rallied to the high of $20,959. The bullish momentum was repelled as the crypto fell below the $20,000 support. Today, the BTC price is trading in a tight range between $18,800 and $19,900 price levels. On the downside, if the bears break below the $18,800 support, the BTC price will fall and revisit the previous low at $17,605. Similarly, on the upside, if the bulls break the $19,900 resistance and the bullish momentum is sustained, Bitcoin will regain bullish momentum. The largest cryptocurrency is trading at $19,277 at the time of writing.

Bitcoin Will Recover to $28k By December, Deutsche Bank Analysts

Deutsche Bank analysts have based their forecast on the correlation between Bitcoin and S&P 500. The analysts made a forecast of 30% recovery for Bitcoin by December because of its correlation. The analysts, Marion Laboure and Galina Pozdnyakova indicated that the crypto markets have mirrored movements of the Nasdaq 100 and S&P 500 since late 2021. The pair believes that the S&P will rebound to its January levels. In the same vein, Bitcoin’s correlation to the index could result in a 30% increase in value from current levels midway through 2022. In other words, Bitcoin will be up to the $28,000 mark.

Bitcoin Price Prediction for Today June 30: BTC Price Trades In a Tight Range above $19k
BTC/USD – Daily Chart

Meanwhile, Bitcoin is now fluctuating as it trades in a tight range above $19K. Nevertheless, a Fibonacci tool has indicated a possible decline of Bitcoin below $17,605. On May 12 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement suggests that BTC will fall to level 1.618 Fibonacci extension or level $16,647.76.

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Storj Price Prediction for Today, June 19: STORJ Likely To Step Above $0.60

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