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STORJUSD

There may be something in stor-j for us Possible targets for storj if we breakout meaning if we get enough buyers for this beast Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption. In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform.
by kalenl
STORJ (Storj) Tokens Analysis 29/03/2021Fundamentals: Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption. In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform. Two years later, an updated white paper was published. Here, a decentralized network — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018. People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens As a decentralized cloud storage network, Storj is unique in more ways than one. For one, unlike traditional cloud storage solutions that store data in huge data centers, Storj runs on a network of thousands of independent computers. Anyone with a few extra terabytes of space can become a node on the platform by installing Tardigrade. All that is required is a strong and consistent internet connection. The efficiency of the network means that hosts pay far less for the storage of their data than when employing Storj was founded by Shawn Wilkinson in May 2014. Wilkinson was a software developer based in Atlanta. He saw how blockchain technology could be leveraged to build a decentralized cloud storage network. Together with his co-founder, John Quinn, the first white paper was published late 2014. Since then, the concept and details have changed. The current version of Storj, V3, was launched in the middle of 2019. In addition to being a blockchain enthusiast, Quinn had extensive background in business development. Prior to founding his own projects (including Storj) he had been involved in the investment banking industry. The concept was finally incorporated as a company — Storj Labs Inc. in May 2015. At the company’s inception, Wilkinson served as CEO. Later, he stepped down for a more experienced hand to take the wheel, with Ben Golub currently serving as CEO. Wilkinson is now the chief strategy officer (CSO), while Quinn serves as the chief revenue officer (CSO) as well as a member of the company’s board. The platform was able to raise 910 bitcoin worth about $460,000 in 2014 in a public crowd-sale. They raised $3 million in a seed funding round three years later and then held a token sale, generating an additional $30 million that same year. Technical Analysis: the Price has touched the extension level 161.8% Fibonacci Projection and currently had retraced to the parallels leg of the same fib which the good sign of trend continuation to the 261.8% there are total of 3 Targets which is the 161.8% fib Projection and the Past ATH and the other is the 261.8%, 361.8% with some price correction in between
Long
by BitonGroup
11
STORJ: new ATH coming soon! (+23%)STORJ has broken out of its triangle after a period of consolidation and is on its way to a new ATH. STORJ provides cloud storgae through the blockchain similar to FIL (Filecoin) and has a lot more upside to reach fair valuation and reach the top 100. The coin is listed on all big exchanges including Coinbase Pro and with its current confirmed breakout I see a lot of traders adding this coin to their portfolio. Against BTC STORJ is very bullish and can surge up to 20-40%! Target price is between: 4,20 - 4,50$. TOKEN ECONOMICS: STORJ Price: $3.41 Storj ROI: 581.5% Market Cap: $459,740,809 Market Cap Dominance: 0.02% Circulating Supply: 143,787,438 / 424,999,998 Trading Volume: $872,950,937 Volume / Market Cap: 1.4918 24h Low / 24h High: $2.71 / $3.37 7d Low / 7d High: $1.41 / $3.23 Market Cap Rank: #143
Long
by cryptobullethbtcxlm
6
STORJ USDT www.tradingview.com STORJ has shown very clear sign of a bullish pennant. This means potential spike up for a short term trade for the breakout. The time frame, volume on main pole (as highlighted in red circle) followed by light volume building the flag has met pretty good structure to trade on. The upwards pole is to the high of ~140%, which expected to be the same coeff of the expansion of next pole unless there is changes in volume (decreasing). Otherwise, with alt season coming in April 2021 as the macro perspective, we might see a 10x coin here but thats will be my longer term target for 2 months. Alt coin seems like going to last a lot longer compare to 2017. It is just the beginning. This is my journal, not financial advise.
Long
by stantm23
STORJ BTC explaination of my previous analysis and resistances Hello everyone on my update of STORJ BTC analysis. After my last analysis of this pair I have received a lot of PM that my analysis didn't work out. As i don't want to explain this to each one of PM I decided that I will write it here so that everyone can educate themselves. 1. Yes price went over my resistance but no one mentioned that price at end of the day closed below the levels that I pointed out and as a matter of facts this mean that resistance worked out ! there was a test of breaking this resistance but was unsuccessful and that matters. I know that this breakout was huge but it was driven by momentum and hype, normally breakout of this kind of strong resistances don't have that big moves but anomalies happen. 2. Why it is important to keep in mind resistances? Because often price does a bigger correction at certain points, nothing goes UP forever. 3. Why is it important to take some profits at resistance levels? Because you have to keep in mind that some resistances might work as trend reversals and you may never get the same price or you will have to wait for a long time. I hope this 3 information will clarify my previous analysis. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
Short
by Coder775
1
STORJ 1D Global analysis, support and resistance levelsIn the digest Weekly section: Bitcoin weekend №13 , the most "+" collected analysis of the pair Storjusdt Storj is a coin that hyped and participated in pumps before it process became mainstream in 2017. At the beginning of 2018, an absolute maximum of $3.13 was recorded And yesterday this maximum was updated to the level of $3.83 and even at super large volumes. However, at the moment, on daily candles, it looks like a false breakout. In principle, over the past month, the price of the Storjusd pair has grown quite well, and from a technical point of view and analysis, a correction begins to suggest itself. The correction to $2 or even to $1.40 would be very tasty to re-buy long. Please write in the comments why , in terms of news and fundamentals, Storj should continue to grow? _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
30