STORJ coin price prediction

Based on the STORJ/USDT trading charts and without considering external news or factors, here's an analysis of the expected price values:

1. Current Trend: The price has been trending upwards recently as indicated by the formation of consecutive green candles in the 1-hour and 4-hour charts. This bullish momentum is further supported by the RSI (Relative Strength Index), which is above 50 in both time frames, indicating buying momentum.

2. Volume and Moving Averages: There has been a significant increase in volume accompanying the price rise, suggesting strong buyer interest. The price is currently above both the 5-day and 10-day Moving Averages, which typically signals a strong upward trend.

3. Technical Indicators:

- MACD (Moving Average Convergence Divergence): The MACD line is above the signal line and has been increasing, indicating that the upward momentum could continue.

- RSI: The RSI is neither in the overbought nor in the oversold zone, suggesting that there is room for the price to move either way without immediate reversal due to overbuying or overselling pressures.

4. Support and Resistance Levels:

- Resistance Level: The recent peak at around $0.5300 acts as the immediate resistance.

- Support Level: The recent lows around $0.3444 provide the nearest support.

Expected Price Values:

- Short-term Target (Bullish Continuation): If the bullish trend continues, the first target can be set near the recent high of **$0.5300**.

- Following Targets: If the momentum sustains and it breaks past $0.5300, the subsequent targets could be set at around **$0.5436** (recent week high), followed by an attempt towards a psychological level of **$0.5500**.

- Downside Reversal: Should there be a pullback, the price might find support around **$0.3444**. If this level holds, it could act as a consolidation point before another upward move.

This analysis is purely based on chart patterns and technical indicators without considering external market conditions, which can significantly affect cryptocurrency prices.