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Home»Altcoins»Story (IP) Price breaks above $ 6! Is Ip -toking on its way to $ 12 next?
Altcoins

Story (IP) Price breaks above $ 6! Is Ip -toking on its way to $ 12 next?

2025-03-03No Comments2 Mins Read
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The total cryptocurrency market has risen by around 10%within a few hours since US President Donald Trump, or more than $ 330 billion. While investors responded to the news, the explanation sent shock waves on the Cryptocurrency market, causing the prices to rise.

Although he was launched on 13 February 2025, Story (IP), a native currency of the story protocol, has risen in the last 24 hours and 549.69% since the launch of investors, that suggests that investor interest in token.

After the win, the story (IP) graph consolidates in a bullish continuation pattern. After a week of launch, the story prize began to become strength, rising from $ 1,938 to a peak of $ 8,9172. The price fell briefly to $ 3,8964, but it resumed its upward process to keep his bullish momentum.

IP/USDT -Grafiek looks bullish

The 9-day EMA (exponentially progressive average), which serves as dynamic support for extra upward movements, is currently above the price. The RSI is currently 68.85, just below the Overboughtzone (70). Although this suggests a positive momentum, it also increases the possibility of a slight correction before a new outbreak.

IP -Price increased by more than $ 7 after finding support for $ 3.82 and breaking the barrier to $ 5.66. A bullish reversal is indicated by the MACD line that goes above the signal line in the graph above. Green histogroms suggest an increasing moment of buy, which usually leads to price increases.

An upward trend pattern is confirmed by the continuous higher highlights of the price and lowers.

Therefore, if the bulls cause an outbreak above the range, the price can reach the crucial resistance at $ 7,8744. If this pattern continues, the next outbreak can push the price to $ 9,5383 and possibly reach the expected price target of $ 12. Otherwise the price a rejection can be confronted and collected within the range.

See also  How the Game Changer of Optimism Can Affect OP Price

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