Storj (STORJ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Distributed Computing has increased 5.65% to $0.6037239601.
InvestorsObserver is giving Storj a 51 Volatility Rank. Find out what this means to you and get the rest of the rankings on Storj!
Moderately Volatile
InvestorsObserver gives Storj a moderate volatility rank of 51, placing it in the top 49% of cryptos on the market.The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. STORJ's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Storj price is trading near resistance. With support at $0.469814487321864 and resistance around $0.632020272834788. This leaves Storj with potential selling pressures ahead as it may be getting over extended.