STORJ price has shed roughly 16%, as mentioned in the previous publication, and currently trades at $0.402. Investors can expect this downtrend to con
STORJ price has shed 20% in the second week of October but hints at a continuation. A breakdown of the $0.401 support level could trigger a steep 16% correction to $0.275. Short sellers need to keep a close eye on the key resistance level at $0.450. tinue if a key support structure is breached. Also read:After 147% rally, aStorjprice correction is around the corner STORJ price at crossroads STORJ price still trades inside the $0.275 to $0.528 range, created in early November 2022.
This downtrend is likely to continue if STORJ price produces a decisive three-day candlestick close below the $0.401 support level, which is the equilibrium of the aforementioned range. If bears are successful, then the altcoin will take another hit, where it drops 16% and tags the key support level at $0.331. In addition to the bearish nature of STORJ after its 147% rally, the shift in trend for Bitcoin on the weekly time frame adds credence to the pessimistic nature of STORJ price.
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