STORJ Price Soars to 440-Day High Above $0.50 Resistance
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STORJ price broke out above $0.50 resistance this week, reaching highest level in 440 days at $0.64.
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Price yet to confirm breakout with weekly close above $0.50. If it does, next target is $0.91.
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Elliott Wave analysis suggests STORJ is in wave 3 of 5-wave bullish move. Target of $0.70-$0.91 if wave 3 equals or extends wave 1.
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RSI indicator and crypto traders turned bullish on STORJ, expecting further upside.
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Invalidation level is close below $0.50, which could see 60% drop to $0.24 support.