BTC$20 862.60


ETH$1 196.92




USD Coin


Binance Coin


Binance USD


STORJ: At the Onset of Bull Rally

October 2020

It appears that the token for the distributed cloud storage is gearing up for another bull rally after the first big correction of the year that forced the price to roll back from the local high at $0.84 to $0.3, a 63.8% value loss in 24 days.

Year-to-date STORJ chart

The year 2020 has proven to be fruitful for Storj that showed triple-figure gains in the past twelve months against USD, BTC, and ETH:

The coin’s all-time ROI, however, remains slightly on the negative side at -2.4%. Although September turned out to be a losing month for the cryptocurrency market, Storj seems to be making a swift recovery as it gained 50% in those three markets in the last seven days. As a consequence of these fluctuations, the market capitalization has also shrunk from $140 million to $101 million.  

Right now, STORJ is ranked 98th and valued at $0.5, having enjoyed a 6% price bump in 24 hours. This week,  there has been a significant increase in buying volume as it went from $18 million to $69 million in just three days. Such a sharp rise of volume usually occurs during the breakouts or at the initial stages of a bullish rally. 

This week could mark the beginning of the full-fledged rally

For this STORJ price prediction, we will start with determining key areas of price interaction on the weekly time frame by applying the Fibonacci retracement grid.

1-week STORJ/USDT chart

Following several months of a generally uneventful uptrend, Storj had exploded to the upside, subsequently going through three Fibonacci levels, supported by strong display coming from the Accumulation/Distribution indicator that still has the bullish bias to it. The correction, though, took the price down to 0.236 on Fibo ($0.35) that has successfully played the role of support and the area around which the morning star pattern took shape. The morning star is known to be a bullish reversal pattern, which supports our suspicion concerning the brewing upswing that should take the price at least to 0.618 on Fibo or $0.87 price-wise.

Our STORJ price prediction is that the price will make another bull rally that is supposed to take the price to $1 - $1.1, the area of presumably tough resistance from which the sellers could potentially throw the price in a deep correction.

1-day STORJ/USDT chart

A quick look at the daily time frame confirms the commencing rally as STORJ has had seven days of almost uninterrupted price action on the back of the bullish crossover on MACD and the rapid rise of RSI from the oversold zone. Here we expect the price to have a quick retracement before making another push to a new higher high.

Author: Alex Paulson for


Storj: Cryptocurrency With the Most Explosive Wicks
Storj: Cryptocurrency With the Most Explosive Wicks

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 55.6% 92 $20 862.60 -1.98% 3.65% $398 029 830 130 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 60.4% 88 $1 196.92 -2.33% 8.15% $145 213 720 865 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999145 -0.04% 0.01% $66 810 101 922 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000144 -0.01% -0.01% $55 810 644 482 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 60% 88 $233.66 -1.64% 9.10% $38 151 323 562 BNB 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 92.4% 1 $0.999879 -0.17% 0.06% $17 387 273 873 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 63.2% 80 $0.353119 -3.13% 10.71% $17 070 867 914 XRP 7 days price change
8 Cardano (ADA) ADA Cardano predictions 64% 78 $0.485901 -3.06% -0.43% $16 400 414 907 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 64.8% 71 $38.33 -5.68% 10.47% $13 131 783 179 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 59.2% 85 $0.072123 -0.83% 21.93% $9 568 648 805 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 60.4% 81 $7.78 -3.17% 0.55% $7 686 366 532 DOT 7 days price change
12 Dai (DAI) DAI Dai predictions 93.6% 1 $0.999656 -0.02% -0.04% $6 795 067 803 DAI 7 days price change
13 TRON (TRX) TRX TRON predictions 60.4% 88 $0.067970 3.95% 11.56% $6 287 063 791 TRX 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 62.8% 78 $0.000011 -4.07% 36.02% $6 018 323 272 SHIB 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 57.6% 92 $20 815.72 -2.06% 3.43% $5 507 396 530 WBTC 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2022

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.