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Today, the 205th largest market capitalization (according to CoinGecko), the Storj (STORJ) cryptocurrency grew by 32.3% per day.
Currently, the price of STORJ fluctuates at $ 0.9170, previously the coin set a 24-hour high at $ 0.9733. According to the cryptocurrency market tracker, the 24-hour minimum of the token is $ 0.6875.
In addition, 24-hour trading activity for STORJ increased by more than 100%, reaching $ 384 million.
If we look at the daily chart of STORJ/USDT, we will see that the price of the token shows green candles from June 13. This trend continued on the daily chart with small pullbacks, and yesterday the STORJ price formed the largest green candle.
The bullish movement caused storj’s price to rise from $0.4005 to current levels, up 130% in the last 10 days.
The further ascent is indicated by numerous bull flags. The first is the 9x Exponential Moving Average (EMA) line, convincingly crossing the 20x Exponential Moving Average (EMA). The next important bullish flag is the Relative Strength Index (RSI) line, located well above the RSI SMA line. In addition, the RSI has a positive slope.
The price of STORJ may roll back slightly, say, to $ 0.6900, after which it is possible to resume the ascent.
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