The Story price surged 58% in the last 24 hours to trade at $4.94 as of 12:18 a.m. EST on trading volume that skyrocketed 161% to $1.2 billion.
Story Price On A Bullish Momentum
The IP price chart illustrates a clear bullish trend, with the token making a significant upward move. The Story price surged from approximately $1.01 to a peak near $4.62, marking an impressive rally.
Such a steep incline suggests strong buying pressure, with price action forming higher highs and higher lows.
After reaching the $4.62 resistance level, the price of IP saw a minor retracement, according to GeckoTerminal data. However, it remains above crucial support zones, indicating the possibility of further upside movement.
The current retracement is testing important Fibonacci levels, which will play a key role in determining whether the uptrend continues or if a deeper pullback occurs.
Currently, the price of Story remains above the 0.236 FIB level, suggesting that the bullish momentum is intact. If the price holds above $3.76, a continuation of the rally is likely.
The 50 Simple Moving Average (SMA) on the 1-hour chart at $3.35 is sloping upwards, confirming the strong bullish trend. This moving average is acting as a dynamic support level, helping sustain the price momentum.
Meanwhile, the Relative Strength Index (RSI) is currently at 60.79, which is moderately bullish. This level indicates that the market is not yet in overbought territory (above 70), leaving room for further price appreciation before potential exhaustion.
IP/USDT Chart Analysis Source: GeckoTerminal IP Price Prediction
Given the strong trend and support at key levels, IP’s outlook remains bullish.
If the Story price holds above the $3.76 support (0.236 Fib), the next potential targets are $5.00 and $6.00 in the short term. A break above $4.62 could lead to new highs.
Conversely, if the IP price falls below $3.76, deeper retracements to $3.24 (0.382 Fib) and $2.81 (0.5 Fib) may occur before resuming the uptrend.
In the meantime, investors are flocking to the presale for Best Wallet (BEST) , which YouTuber ClayBro, with over 136K subscribers, says might be the best crypto wallet for 2025.
Best Wallet Quickly Closing On The $11 Million Milestone – Next Crypto To Explode?
Leading Bitcoin and crypto wallet brand Best Wallet continues to grab headlines with its impressive user statistics after surging past 250,000 monthly active users and 500,000 total users.
One of Best Wallet’s standout features is its “Upcoming Tokens” section, which flags the hottest presales in the market for investors.
It’s got a great track record at identifying promising projects, having already flagged early tokens including Pepe Unchained (PEPU) and Catslap (SLAP) , meme coins that delivered 500% and 3,000% gains, respectively, for early investors.
Best Wallet continues to gain traction, having already raised over $10.3 million in its presale. A part of its appeal is that investors can also stake BEST tokens for a huge 157% annual return.
Currently, BEST tokens are priced at $0.024075. Those interested in joining the project should buy BEST before a price hike in less than 36 hours.
Purchase BEST on its official website here.
Related News:
- KAITO Recovers With 14% Pump As This AI PEPE Presales Nears $7M
- SOL Plunges 11% As This Layer-2 Meme Coin ICO Goes Parabolic
- New Cryptocurrency Releases, Listings, & Presales Today
