It’s true that Storj was a great disappointment for investors in 2019. STORJ price went down from $0.000001 on January 1st 2019 to $0.100616 on December 31 2019. However, it is worth monitoring our Storj price prediction algorithm: Storj might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, STORJ might be the coin to watch closely now.
The current Storj price is $0.113818, its circulating supply is 135 787 439 STORJ. Our algorithm predicts that based on historical data Storj price will be at $0.128758 in 1 week and $0.168650 in 1 month. Our deep learning algorithm predicts the STORJ price will be at $0.244100 in 6 months. Analysis of the cryptocurrency market shows that Storj price may reach $0.467515 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that STORJ will stay around $0.421622 in 2020, $0.467515 in 2021, $0.493564 in 2022, $0.566269 in 2023 and $0.629804 in 2024.
While creating the Storj prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.244100 and lowest possible predicted price is $0.184205.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Storj has the potential to stay within "survivors" team. Our Storj short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Storj Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Storj forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Storj (STORJ)?
The current price of Storj is $0.113818.
What is the current market capitalization of Storj (STORJ)?
The current market capitalization of Storj is $15 455 108.
What will be the price of Storj (STORJ) Tomorrow?
Our algorithm forecasts that the price of Storj will reach $0.119839 tomorrow.
In 1 year from now what will 1 Storj be worth?
As per the forecast and algorithmic analysis, the the price of 1 Storj will be around $0.421622.
Is it profitable to invest in Storj (STORJ)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Storj (STORJ) as a short term investment. Storj can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Storj be growing in the Future?
Storj is potentially one of the most profitable among digital coins.
How high can the Price of Storj go?
Our algorithm forecasts that the price of Storj will reach $0.629804 by 2023.
Is Storj (STORJ) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Storj now.
The fundamentals of Storj are quite good, but let's take a look at how the coin performed price-wise. The spring and summer of 2019 were magnificent for Storj as it had been flying high about $0.3, with a brief correction in May. But then the bears took over and everything just went sour. I didn't sell my coins because I believe that the crypto market will soon go on another bull run, which could be even stronger than the one that happened this year.
The past three months have been very comfortable for trading Storj because it has been holding firmly to the resistance line at $0,12. So, whenever any upwards movement occurred, I was sure that the coin will get back to square one eventually. Right now, Storj is right at the resistance line, which means that we should expect a price spike to $0,144 or even higher.
The idea of decentralized cloud storage where data is being dispersed in tiny fractions among multiple devices, while only the owner has access to it via private keys, reminded me a bit of the concept behind PiedPiper from the popular sitcom Silicon Valley. It's cool that such "fictional" ideas turn out to be viable in real life. Storj is included in the trading pairs on many popular cryptocurrency exchanges, such as Binance, Poloniex, and Huobi, and it shows a decent price action on a regular basis. It might be a good alternative option if you are tired of trading major coins.
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