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Storj price prediction 2024-2030: Can STORJ retake previous highs?

Key takeaways

  • Our Storj price prediction anticipates a high of $0.0032 by the end of 2024.
  • In 2025, it will range between $0.0042 and $0.0047, with an average price of $0.0040.
  • In 2030, it will range between $0.0293 and $0.0342, with an average price of $0.0301.

Storj (STORJ) is an ERC-20 used for decentralized power storage for different developers, known as Storj Decentralized Cloud Storage (DCS). It is Decentralized Storage in which all the files are distributed into smaller fragments over the global network, comprising smaller network branches. Similarly, when a user requests a file, all the tiny pieces are assembled from different networks and then securely made available for the user.

Storj is one of the older blockchain projects, founded in 2014, initially envisioned as an encoded crypto storage platform, later transformed into the network model.

Storj token monetizes storage algorithms where files are not stored in centralized data centers because files are encrypted, split into various pieces, and distributed. Storj token incentivizes nodes to provide resources and secure the network. It also serves as a means of payment for commercial storage services.

People are gaining trust in decentralized systems, and file sharing is no different. Storj wants to make file sharing safer, faster, and more cost-effective. Can Storj compete with large centralized companies such as Dropbox and Google Drive, and can they stand out among the host of blockchain storage projects? Let’s take a look into Storj price prediction for 2024 to 2030.

Overview

CryptocurrencyStorj
TokenSTORJ
Price$0.376
Market Cap$149,001,516
Trading Volume$10,395,012
Circulating Supply388,094,982  STORJ
All-time High$3.81 Mar 28, 2021
All-time Low$0.05024 Mar 13, 2020
24-hour High$0.381
24-hour Low$0.346

Storj price prediction: Technical analysis

MetricValue
Volatility7.30%
50-Day SMA 0.405162
200-Day SMA 0.598657
SentimentBearish
Fear & Greed72 (Greed)
Green Days 14/30 (47%)

Storj price analysis: STORJ value recovers to $0.376 as bulls takeover

TL;DR Breakdown

  • STORJ price analysis suggests an uptrend.
  • Coin value has spiked up to $0.376.
  • Support is being provided at $0.363 end.

The daily as well as the hourly STORJ price analysis for 26 July, 2024 indicates signs of a growing bullish trend. The price movements have been constantly changing directions this week as both the sellers and the buyers are trying to secure their lead. However, in the past 24-hours, the bulls successfully made a comeback. The coin value has climbed up to $0.376 high because of the upward swing in the past 24-hours. If the bullish sentiment remains the same, further hike in coin value can be expected soon.

STORJ/USDT price analysis 1-day chart: Bullish strike results in swift hike near $0.380 hurdle

The daily STORJ price analysis confirms a bullish comeback regarding the ongoing market events. Although the bears took over the market during the past few days as a result of the downward swing, today the market trends remained different. The buying activity has resumed since the past 24-hours, as a strong uptrend has been recorded. The coin value has received a substantial recovery up to $0.376 high as a result of the bullish retrieval. If we discuss the Moving Average (MA) indicator, then its value has experienced a sufficient decline. The indicator’s overall value has dropped down to $0.380 because of the constant decline in price since 22 July.

STORJ/USDT price analysis 1-day chart
STORJ/USD 1-day price chart. Source: Tradingview.

The volatility is comparatively on the higher side, which is a signal for more price fluctuations in the coming days. The upper band of the Bollinger bands indicator has shifted to $0.434 high, thereby suggesting the high resistance for the cryptocurrency. Side by side, the lower Bollinger band has moved to $0.325 as a consequence of the rising volatility. The Relative Strength Index (RSI) indicator confirms the upturn in price today. Its value has increased up to index 46.51, thus now in the stable region with a sharp ascending curve on the graph.

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STORJ price analysis 4-hour chart: Selling pressure appears beyond $0.376 border

The hourly STORJ price analysis suggestive of an aggravating upward momentum. Bulls ruled the market since the early part of the day, but now, selling pressure is appearing again. That is because the buying activity was constantly taking place for 12 hours. Overall, the coin value has improved up to $0.376 high amidst the ongoing bullish spike. If we discuss the Moving Average indicator, then its curve is on the ascending side. Its value has inclined to $0.3666 as a result of the bullish breakthrough since late hours yesterday.

STORJ price analysis 4-hour chart
STORJ/USD 4-hour price chart. Source: Tradingview.

The four-hour price chart dictates a higher level of volatility, which hints wild price swings. The upper and lower values of the Bollinger bands indicator have changed as a result of the expanded volatility. Currently, the upper Bollinger band is situated at $0.408 high, suggesting the resistance threshold. Whereas, the lower Bollinger band dictates its value at $0.349. The RSI graph displays a sharp neutral curve because of the latest selling pressure. Its value has moved sideways to index 45.53 after much recovery from the oversold zone.

Storj technical indicators: Levels and action

Daily simple moving average

PeriodValue ($)Action
SMA 3 0.394897SELL
SMA 5 0.398393SELL
SMA 10 0.402713SELL
SMA 21 0.385304SELL
SMA 50 0.405162SELL
SMA 100 0.475697SELL
SMA 200 0.598657SELL

Daily exponential moving average

PeriodValueAction
EMA 3 0.384751SELL
EMA 5 0.382698BUY
EMA 10 0.386402SELL
EMA 21 0.409755SELL
EMA 50 0.464782SELL
EMA 100 0.52509SELL
EMA 200 0.560956SELL

What to expect from STORJ price analysis

The daily as well as the hourly STORJ price analysis confirms a highly bullish scenario regarding the ongoing market events. The bulls are on the winning side once again as the upward momentum remained quite intense today. Overall, the coin value has achieved a recovery up to $0.376 as a consequence of the rising bullish activity. If we discuss the four-hour price analysis, then it shows a selling pressure building up for the few hours of the day.

Is Storj a good investment?

Storj promises you all the infrastructure you need to store data for your big idea. Storj has gained momentum in crypto, maintaining substantial market capitalization since its launch in 2017. Storj is consistent, and many retailers consider it a great investment.

Why is Storj up?

The increase in Storj’s value could be attributed to the return of buying momentum after significant decrease in price levels previously, as the market remained bearish overall.

Will Storj recover?

Despite the recent increase in price, the overall scenario is currently bearish as the larger price curve is still downwards. An RSI drop below 30 will be critical in igniting the buying momentum again.

Will Storj reach $1?

Yes, Storj is expected to reach $1 by the end of 2026 and reach a maximum price of $1.03 according to the estimates.

Will Storj reach $2?

Yes, Storj should reach $2 in 2028. During the next year, that is 2029, it is expected to reach a minimum price of $2.55.

Will Storj reach $5?

Per the Crypopolitan price prediction, Storj token will remain shy of $5 before 2030. The maximum value it could reach is $4.36.

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Does Storj have a good long-term future?

According to Cryptopolitan price predictions, Storj will gain significant value almost gaining eight-fold of its current value. However, factors like market crashes or difficult regulations could invalidate this bullish theory.

Recent news/opinions on Storj

  • Storj said it wasn’t impacted during the Crowdstrike outage. Storj customers asked if they were impacted and the network compromised. Storj said IT needs to avoid reliance on centralized infrastructure and must move to providers with highly distributed architectures.

Storj price prediction July 2024

Storj token price prediction for July 2024 anticipates a maximum price of $0.430. The coin is expected to cost $0.368 on average, with a minimum price of $0.336.

Storj price prediction July 2024Minimum priceAverage priceMaximum price
Storj price prediction July 2024$0.336$0.368$0.430

Storj price prediction 2024

Storj token price prediction for 2024 anticipates a maximum price of $0.5047. The coin is expected to cost $0.4469 on average, with a minimum price of $0.4280.

Storj price prediction 2024Minimum priceAverage priceMaximum price
Storj price prediction 2024$0.4280$0.4469$0.5047

Storj price predictions 2025 to 2030

YearMinimum PriceAverage PriceMaximum Price
2025$0.6007$0.6186$0.7373
2026$0.8315$0.8562$1.03
2027$1.20$1.24$1.44
2028$1.75$1.81$2.08
2029$2.55$2.63$3.05
2030$3.80$3.93$4.36

Storj price prediction 2025

Storj price prediction for 2025 will reach a minimum price value of $0.6007 with an average of $0.6186, and it is expected by the end of the year to reach a maximum price of $0.7373 in the crypto market.

Storj price prediction 2026

Storj price prediction for 2026 expects further price growth for the digital coin, leading to a maximum price of $1.03. We foresee an average price of $0.8562 and a minimum of $0.8315. 

Storj price prediction 2027

Storj price prediction for 2027 expects Storj to reach a minimum price of $1.20, an average of $1.24, and it is expected by the end of the year to have reached a maximum price of $1.44.

Storj price prediction 2028

Storj price prediction for 2028 is $2.08 as the maximum and $1.81 as the average trading price. The lowest value that Storj might touch is estimated to be around $1.75.

Storj price prediction 2029

Storj price prediction for 2029 states that the Storj price range will hit a maximum base price of $3.05. We expect the digital coin to continue its bullish run from the previous year while keeping a minimum and average price of $2.55 and $2.63, respectively.

Storj price prediction 2030

Storj coin price forecast for 2030 shows that the token is expected to reach a maximum price of $4.36. Our projections state that the price of Storj will fluctuate between a low of $3.80 and an average price of $3.93 for the entire year.

Storj price prediction 2024 - 2030

Storj market price prediction: Analysts’ Storj price forecast

Firm Name20242025
DigitalCoinPrice$0.84$0.99
Wallet Investor$0.403$0.421

Cryptopolitan’s Storj price prediction

Our forecast shows that STORJ will achieve a high price of $0.5047 near the end of 2024. In 2025, the STORJ price will range between $0.6007 and $0.7373. In 2030, the cryptocurrency will range between $3.80 and $4.36, with an average price of $3.93. It is important to consider that the predictions can change at any time and are not investment advice. Professional consultation is suggested, or you can carry out your own research.

Storj historic price sentiment

Storj Price History
  • Storj launched in June 2017 after holding its initial coin offering (ICO), selling each coin at $0.50. 
  • In 2018, it remained range-bound between $0.2 and $1. It turned bullish in late 2020, rising from $0.4, reaching its peak in 2021 at $3.91. 
  • During 2021 and 2022, Storj observed many highs and lows as it remained a volatile crypto asset as per the historic market date.
  • From the start of 2022, Storj started its decline and dipped below its offering price in October, finally reaching $0.249 in December.
  • The market kept reversing in 2023, returning to the $0.231 mark in June. However, the token started recovering in October and reached the $0.754 mark in November.
  • The token closed the year 2023 by spiking to $1.04 on December 19 and settling down to $0.710 by the end.
  • The 2024 bull run helped the coin reach $0.88 in March, as the period before that also observed bullish activity.
  • By the end of April 2024, Storj once again neared the red zone and finally plunged below its opening price to $0.516 in May.
  • A steep bearish drift was observed in June as the Storj token reached $0.321 at the start of July, and at the end of July 2024, the token continued to trade in the lower range of $0.370.

FAQs

Is it profitable to invest in STORJ?

Based on the data, it can be predicted that STORJ is a profitable investment (STORJ) for the long term.

What will be the price of STORJ (STORJ) after five years?

The price of STORJ (STORJ) after 5 years (from today) will be around $6.10.

Is Storj better than Filecoin?

While Filecoin can store and distribute data, Storj can only store them. Storj was developed majorly for developers, but Filecoin supports a market for trading raw data. Moreover, Storj promises durable data storage. Of the two, Filecoin is more decentralised; Storj is both centralised and decentralised.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

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