After its raise last night (from 0,65$ to 0.98$), I'm pretty confident STORJ is going to grow in the short term, probably in the 1$ area soon. The idea of this project is pretty cool, and it could become one of the main competitor of Dropbox and any other cloud service out there in the cryptocurrency world (if not surpassing them) since its really low prices. Let me know what you think!
StorJ is in such situation that even the smallest positive rumor could start the bullride to 1.5$-2$. Apart from the fact that, against Bitcoin, it can't go below 7500 levels and its value in USD is extremely stable. Check our RSI and Williams. There are literally crypto products that I actively use and since some time, StorJ is one of them. They got a real product with purpose and centralized competitors. Taking just part of that market cake can boom this one. Bottom line is, is you wanna trade it - good, if you want to invest and hold for 40% shortterm - achievable.
Yoshua
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@Yoshua, meant to say that there are literally 5 crypto products that I actively use but I ate the number.
GabrielMolocea
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I bought today at 0.69$, hope it will raise to 1$ next week.