The price of Storj remains undervalued, considering the facts that the current price is only $1 while the total supply is only 500,000,000 SJCX, and the price has been trading on lows for an extended period of time.
However, there are very strong resistance levels, that have to be broken in order for Strong to starting producing heavy gains. First resistance is at $1.56, and second $1.78. Break above the second resistance should confirm a very scenario for the Stong and could push price x10-20 in the midterm.
On a downside. break and close below the $0.6 support could invalidate outlook.
#1 Crypto Blog: http://cryptopost.com
Crypto Forum: http://cryptoforum.com
Alts vs BTC Trade Signals: http://cryptopost.com/signals-membership/
ETH Tip Jar: 0xafbc203afac03c466b9e8ce3b4c7133b710bf