JUST Price Prediction: Can JST Coin rebound to  $0.0341?

• JUST Price Prediction shows the struggle for the bulls as prices fall to all-time lows
• JUST Token surged 12.25% in the sat 6 months

JUST Price Prediction summarizes the down trend of JST Crypto which has lost 34% in its value since the month of February. JUST Coin is trading at $0.02222. The Market is up 1.45% in 24H. The 24H Volume witnessed a jump of 2.49%. The overall market cap of JST Coin is $197,703,270.

JUST Powered defi JustLendDAO market size is breaking $4 Billion with total supply over $3.8 Billion, total borrow over $123.3 Million and Mining rewards per day over $59.2k.

JUST Price Prediction: A Bearish consolidation !

As per the Daily Charts, JUST Crypto has lost almost 89% value from its all-time high of $0.199. On a more recent timescale, price is moving in a bearish to sideways market.

Prices were testing the all-time lows a few days back. The market did witness a moderate recovery of 18%.

JUST Price Prediction highlights the weakness of the market due to the absence of buyers. The Low volume indicates lack of participation. Market is filled with trapped investors who bought at higher prices hoping for a reversal. The Price is trading below the 200 EMA which establishes the bearish market conditions

Lack of momentum !  : Technical Indicators

On the 4H Chart, $JST Coin is trading in a choppy market which is moving in a small range . The price is moving close to the 200 EMA which indicates a sideways momentum. Existing Investors lose hope with time and are looking to sell at a minimum loss.

The bulls must break the resistance zone of $0.02277-$0.02426 in order to initiate a bullish recovery to the price level of $0.034148. It will be difficult as the market has a strong sell-pressure . The reversal can be helped by any fundamental news.

RSI: The RSI indicator is currently at 53.18 on the 4H. It means the market can be sideways

MACD: The MACD is about to make a bullish crossover .The Histogram highlights the loss of momentum of the sellers. The indicator is still below the 0 line . It represents sideways conditions

200 EMA: As observed, on the 4hr, the price is trading close to the 200 EMA(exponential moving average) . It means the market is sideways and it would be wise for the price to move from the indicator .

Summary:

JUST Price Prediction summarizes the down trend of JST Crypto which has lost 34% in its value since the month of February. The market is bearish and there are no signs of reversals so far. Technical indicators are showing sell signals on major time frames. Meanwhile, some investors are looking forward to buying the dip due to low prices and a great upside potential. It would be wise to follow risk management and exit plans.

Technical levels

Support Levels: $0.0195237- Support 1

    $0.017542- Support 2

Current Price: $0.022222

Resistance Levels: $0.0227762 – Resistance 1

          $0.0283066 – Resistance 2

Disclaimer:

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.