The Storj Market (STORJ/USD) Bulls Claim $0.40 for Support, Targeting $0.50 Price Milestone
In late September, the $0.40 price level emerged as a significant milestone within the Storj market. Initially, it served as a foundation for the bullish trend, gathering substantial momentum that briefly propelled prices toward the $0.50 threshold before encountering resistance. Following this rejection of the bullish advance, the market retreated to the $0.40 price level, trading sideways for a period. Subsequently, bulls regrouped around the $0.35 mark to establish a new support level, enabling them to gradually reclaim $0.40 as a key support level.
The Storj market has exhibited a prominent prevalence of upward price swings over downward movements, indicating a robust bullish presence in the market. This dynamic suggests the potential for further advances in price levels.
