JST Is Trying to Beef up a Catalyst

JUST (JST) Price Prediction – May 22
Indications on the ground suggest the JST/USD market is trying to beef up a catalyst from a lower-trading zone. The crypto’s all-time high is $0.2083 and its all-time low is $0.004766 since about two years ago. Currently, the price is trading around $0.042 at a 5.62% positive.

JUST (JST) Price Statistics:
JST price now – $$0.04235
JST market cap – $308.9 million
JST circulating supply – 7.3 million
JST total supply – 9.9 billion
Coinmarketcap ranking – #122

JST/USD Market
Key Levels:
Resistance levels: $0.05, $0.06, $0.07
Support levels: $0.03, 40.02, $0.01

JST/USD – Daily Chart
The daily chart showcases the JST/USD market is trying to beef up a catalyst from a lower-trading spot underneath the trend lines of the SMAs. The 14-day SMA indicator has moved to the downside beneath the 50-day SMA indicator. A smaller bullish candlestick is in the making with a good signal denoting that a buying force may prevail in the market for a while. The Stochastic Oscillators are trying to swerve northbound against the range at 60 or thereabout to indicate the trading instrument is on the verge of struggling to regain its lost positions against the countering crypto.

Will the JST/USD trade shoot up through variance resistances soon?

If an abrupt shoot-up emerges in the JST/USD trade operation in the near term; it might purposely be to let bears get repositioned to get an entry in the process of correcting a higher-trading spot. Being as it is, JUST is trying to beef up a catalyst against the market valuation of the US Dollar. Long-position takers may have to play along with upspring, currently attempting to feature in the market from a ranging spot.

On the downside of the technical analysis, a reliable downing force may not be forthcoming from the present range-bound trading spot even if the market aims to forcibly push southward further from it afterward. Short-position takers needed to look out for a test of resistance level around the smaller SMA, coupling with a depressive sign to launch a selling order in the process. An indecision trading condition isn’t as well distant from happening should the two market movers decide not to make their impact felt on the market.

JST/BTC Price Analysis

In comparison JUST is down, trying to find its trending ability against Bitcoin. The cryptocurrency pair price is trying to beef up a catalyst below the trend lines of the SMAs. The 50-day SMA indicator is closely beneath the 14-day SMA indicator. The bearish trend line drew over the SMAs, keeping a far southward path above them. The Stochastic Oscillators are swinging around the range of 20. And they are slightly pointing toward the north side. It appears the base crypto is struggling to garner some momentum against the countering crypto as of now.

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