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STORJUSDT

STORJ Price Spikes After Vitalik's Mention: Will It Keep Rising?Vitalik Buterin, Ethereum’s co-founder, highlighted a cryptocurrency on the Warpcast social network on March 8. As a result, this led to a notable price surge. Buterin’s influence on market dynamics is well acknowledged. This time, his latest discussion focused on DePIN projects. He explored the potential for success among these projects, which aim to reinvent longstanding ideas such as SEED_DONKEYDAN_MARKET_CAP:STORJ and decentralized alternatives to Uber. Buterin questioned the viability of these projects’ success in the current market. Following his insights, the price of SEED_DONKEYDAN_MARKET_CAP:STORJ spiked by 18%. Shortly after, it fell by 9% but is still up by 7% from its daily open on Saturday. STORJ Price Analysis From its ATH of nearly $4, the price of SEED_DONKEYDAN_MARKET_CAP:STORJ has been in a multi-year bear market, dropping to a low of $0.22 in January 2023. After some sideways movement, SEED_DONKEYDAN_MARKET_CAP:STORJ retested this level on several occasions, with its last retest in August leading in a major recovery. KEY TAKEAWAYS Vitalik Buterin mentioned STORJ, spiking its price briefly. STORJ shows potential for a larger bull cycle. Its price movement depends on breaking December highs. Vitalik Buterin, Ethereum’s co-founder, highlighted a cryptocurrency on the Warpcast social network on March 8. As a result, this to a notable price surge. Buterin’s influence on market dynamics is well acknowledged. This time, his latest discussion focused on DePIN projects. He explored the potential for success among these projects, which aim to reinvent longstanding ideas such as STORJ and decentralized alternatives to Uber. Buterin questioned the viability of these projects’ success in the current market. Following his insights, the price of STORJ spiked by 18%. Shortly after, it fell by 9% but is still up by 7% from its daily open. Was this just a temporary event or part of a larger rise? STORJ Price Analysis From its all-time high of nearly $4, the price of STORJ has been in a multi-year bear market, dropping to a low of $0.22 in January 2023. After some sideways movement, it retested this one on two more occasions, with its last retest in August resulting in a major recovery. STORJ could have started a larger bull cycle. SEED_DONKEYDAN_MARKET_CAP:STORJ climbed to $1.20 in December, which was an interaction with the larger descending resistance anchored at the all-time high. A rejection occurred, with the price decreasing to $0.50 on January 25. The uptrend from last August until December showed a typical five-wave pattern. Since it came after a period of consolidation, it could be the starting move in a larger bull cycle. This is why there is a strong chance that the rise from January’s low will lead SEED_DONKEYDAN_MARKET_CAP:STORJ to a breakout above the descending resistance and new highs. Our first target would be around $2. However, SEED_DONKEYDAN_MARKET_CAP:STORJ ’s price is currently trading at a lower price than the one in December. Therefore, we first need to see its rising above that before we can expect higher prices. Until this happens, there is an equal chance that the price will be headed below $0.50 again.
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by DEXWireNews
STORJ/USDT Poised for a Bullish Rally? 👀🚀STORJ Analysis💎Paradisers, let's dive into #STORJUSDT, where the latest market signals suggest a promising opportunity for a bullish turnaround from its pivotal support zone. 💎Upon examining #Storj's recent market activity, we've noticed a pronounced 60% decline from its peak. Yet, the resilience at the $0.587 support level presents potential for a rebound. 💎The task of setting new milestones or reclaiming past achievements has been daunting, fostering a short-term bearish outlook. Nevertheless, the $0.587 mark is pivotal for #STORJ, positioned to ignite a significant bullish movement upon further evaluation. 💎Prepared for various market outcomes, we've devised a Plan B. If #STORJ retreats beyond this support, we are on the lookout for a bullish resurgence from the secondary support at $0.441. It's crucial to acknowledge that a descent past this marker may indicate an extended bearish phase. 💎Ensuring adaptability in your trading approach and keenness in market observation is essential, Paradisers. Be assured, the ParadiseTeam is meticulously monitoring these trends, equipped to guide you through the shifting market dynamics.
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by MyCryptoParadise_Simon
Is STORJ getting ready for a pump? +55% profit from the trade.Hello everyone! I suggest considering buying the coin #STORJ. Currently, the asset is in a global resistance and support zone to which the price is reacting very well. In the local range, the breakout from this zone is at $0.7749. As seen on the chart recently, after breaking out of this range and consolidating above this level, a strong pump of the asset occurred. It can be assumed that the situation will repeat itself. Target - $1.20, +55% profit from the trade. This is not financial advice, everything you do, you do at your own risk!
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by neverovv
STORJ - Breakout -> Retrace -> Enter -> Pump -> Profits 🫰#STORJ/USDT Analysis Description --------------------------------------------------------------- + As evident from the chart above, Storj has recently broken out from its resistance but faced rejection at a weaker resistance level. + Consequently, the price retreated to its support zone and is currently attempting to rebound from this support. + I anticipate the continuation of the reversal, with a potential break above the previously rejected resistance and advancement towards the next resistance level. + The placement of our stop loss is further than usual to mitigate the risk of any false wicks. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.7159 Stop Loss: 0.6484 ------------------------------ Targets 1: 0.7348 Targets 2: 0.7513 Targets 3: 0.7894 Targets 4: 0.8448 ------------------------------ Timeframe: 4H Trade Type: Long Trade Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
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by VectorAlgo
STORJ/USDT Keep an eye on the Cup and Handle. Breakout or Fail ?💎 STORJ has recently displayed notable market dynamics, currently in the process of moving upwards toward the resistance trendline of the Cup and Handle pattern. 💎 This pattern typically indicates a reversal to bullish movement, and if STORJ successfully breaks out above the pattern, Probability we may witness a significant upward movement toward our target area. 💎 However, if STORJ fails to break out and experiences a strong rejection at the resistance trendline, there is potential for the price to retreat downwards towards the support level, which was previously a key resistance zone. 💎 At the support level, it is crucial for STORJ to bounce, as this area represents the last line of defense for the bullish trend. A failure to bounce at this level could signal a shift in market sentiment towards bearishness, potentially leading to further downward movement.
by MyCryptoParadise_Nathan
2
STORJUSDT Pursuit of a 136% SurgeSTORJ has been a fascinating case study since September 2022. The lingering battle below the psychologically significant $0.5 level lasted a whopping 400 days, creating a formidable supply zone. However, the tide turned in November 2023, witnessing a breakthrough marked not only by a breach but, significantly, under the weight of intense buying pressure. The subsequent solid price surge propelled STORJUSDT to new heights, only to gracefully correct and find support near the once-elusive $0.5 mark. What was a supply zone has now metamorphosed into a demand area, accentuated by a bounce off the simple uptrend trendline, effectively validating the prevailing uptrend. With confidence, we can assert a high probability that STORJ is likely to continue moving north. A noteworthy expectation is the formation of a double top near the $1.2 resistance zone, aligning harmoniously with the 38.2% Fibonacci retracement levels. When/if this milestone is reached, investors and bullish traders stand to reap the rewards—a substantial 136% gain. STORJ/USDT resilience and strategic positioning offer a compelling narrative, making the $1.2 resistance zone a focal point of potential profit in the journey ahead.
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by CryptoPAMM
STORJ is giving another chance to ride the 2nd wave UP!STORJ surprised every one with a sudden pump to 0.60 with volume surging 2455%. That parabolic move -- as usual warranted a much needed correction to 78.6 FIB LEVEL at 0.35 price range. It is now bouncing off this 78.6 fib level with precision -- with price being attractive again. This newly created higher-low price range is a good base level for a new ascend. Currently sitting at a major order block support, this level is a good area to seed for the 2nd wave up. I'm anticipating initial accumulation at the current price range. Expect some significant price bounce from here on. Spotted at 0.350 RR ratio on this one is too attractive factoring the weight of the correction. TAYOR. Safeguard capital always.
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by JSAL
1
STORJ will have another bullish jumpThe structure is still bullish, we only had one bearish CH which indicated that we might reach the important OBs below. The price movement has slowed down and the presence of buyers can be felt a little storj is approaching a strong support area. We are looking for buy/long positions in the green area. We marked the targets on the picture .The stop should be placed somewhere under the green box. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
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by behdark
2
StorjStorj, pronounced as “storage,” is an open-source cloud storage platform in which people with hard drive space and good internet connectivity can participate in the network to become a node in the network, and be rewarded by Storj tokens. Anyway, STORJ chart is a little stochastic and noisy, but there are clear upward and downward trends. After storj broke the major downtrend line, it started oscillating in an inverted wedge pattern. Now it seems storj has started an upward impulse wave and trying to break this inverted wedge. Let's see what happens.
CRYPTO:STORJUSDLong
by SaeedSalehinia
STORJ ANALYSIS🔮#STORJ Analysis : Pattern Formation 💰💰 📈📈 #STORJ is making perfect rounding bottom pattern and also there is a breakout of neckline. We can see a good pump in #STORJ. If #STORJ sustains this breakout then we will see a bullish move and can reach our first resistance easily🚀🚀 📊 Current Price: $0.9419 ⏳ Target Price: $1.5000 ⁉️ What to do? - We can trade according to the chart and make some profits in #STORJ. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #STORJ #Cryptocurrency #Pump #DYOR #Breakout
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by ZEUS_Market_Alerts
1