JUST Coin Price Prediction 2021 – Will JST Hit $0.3 Soon?

JUST Price Prediction 2021 - Will JST Hit $0.3 Soon?
  • Bullish JST price prediction ranges from $0.07 to $0.2.
  • JST price might also reach $0.3 soon.
  • JST bearish market price prediction for 2021 is $0.02.

In JUST JST coin price prediction 2021, we use statistics, price analysis, RSI, and many other information about JST to analyze the future trend of cryptocurrency.

JUST is a decentralized smart contract lending ecosystem on the TRON network. It functions as a decentralized stablecoin system and introduces the first decentralized stablecoin USDJ on the TRON network. In JUST, another JST token is used for decentralized governance and payment of stability fees.

According to CoinGecko, the JST price is trading at $0.046 with a 24-hour trading volume of $102,245,103, at the time of writing. However, JST has increased by 13.9% in the last 24 hours.

Moreover, JST has a circulating supply of 1,433,850,000 JST. Currently, JST trades in cryptocurrency exchanges such as Binance, OKEx, Huobi Global, ZG.com, and CoinTiger. 

JUST JST Coin Price Prediction 2021

JUST (JST) holds the 336th position on CoinGecko right now. Just JST coin price prediction 2021 explained below with a daily time frame.

Just price prediction - JST/USDT Price Chart Daily Time Frame
JST/USDT Price Chart Daily Time Frame (Source: TradingView)

The above chart shows the “Falling Wedge pattern”. Generally, the Falling wedge is a bullish pattern that starts from the top high and contracts as the price falls. However, this price movement forms a downward cone. When the highs and lows of a trend converge. This shows that due to the huge volume of trade during this time, the price of JST will continue to rise and in the near future it will surpass its all-time high price ever.

In the daily time frame chart, if the price of the JST breaks the resistance level of $0.13, it will reach the target of $0.17. Or else, if the price of the JST breaks the support level of $0.049 means it will fall to the next support level at $0.040. So, the trend of the JST is based on the breakout.

JST Support and Resistance Level

The below chart shows the support and resistance level of JST.

Just price prediction - JST/USDT Support and Resistance Level
JST/USDT Support and Resistance Level (Source: TradingView)

From the above daily time frames, it is clear the following are the resistance and support level of JST.

  • Resistance Level 1 – $0.07
  • Resistance Level 2 – $0.09
  • Resistance Level 3 – $0.15
  • Resistance Level 4 – $0.20
  • Support Level 1 – $0.042
  • Support Level 2 – $0.029
  • Support Level 3 – $0.020

The charts show that JST has performed a bullish trend over the past month. If this trend continues, JST might run along with the bulls overtaking its resistance level at $0.2.

Conversely, if the investors turn against the crypto, the price of JST might plummet to almost $0.029, a bearish signal.

JUST (JST) Average Directional Index (ADX)

Now let’s look at the average directional index (ADX) of JST. Generally, ADX is used to measure the overall strength of the trend and it is related to the Directional Movement Index (DMI).

The oscillator ranges from 0 to 100. The strong trend and weak trend is indicated by high value and low value. It is often combined with directional indicators. 

JST/USDT ADX
JST/USDT ADX(Source: TradingView)

The above chart shows the ADX of JST stays above the range of 38, so it indicates a strong trend.

Conclusion

JST is one of the cryptocurrencies that keeps its ground against the bear market. Furthermore, our long-term JST price prediction for 2021 is bullish. It has a huge possibility of overtaking its current all-time-high (ATH) of $0.19 this year. However, this only happens when JST breaks a lot of past psychological resistance.

Furthermore, with the ongoing developments and upgrades within the JST ecosystem, it could experience a great future ahead in 2021. It may reach $0.2 soon and it might even reach high heights, however reaching $0.3, if investors have planned that JST is a good investment in 2021.

Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Monisha is a Senior Programmer in the Automotive Embedded domain. Her interest in the cryptocurrency field made her write about crypto and blockchain-related news.