The price of Story (IP) cryptocurrency has sharply increased by 20% in the past 24 hours, indicating sustained bullish momentum and high investor interest.
Market and Technical Analysis
Story (IP) cryptocurrency is experiencing significant bullish momentum, showing outstanding growth recently. Last month, its value increased by 67%, and last week by 145.58%. Currently, IP is up by almost 370% from its all-time low price of $1.00 registered on February 13, 2025, but remains 33% below its all-time high of $7.11.
Ups and Downs of Story (IP)
According to CoinMarketCap data, the price of Story is $4.885 with an intraday increase of 20%. The daily trading volume surged by 80%, indicating buying momentum. The market cap stands at $1.22 billion, with a 24-hour trading volume of $631.09 million.
Future Prospects of the Cryptocurrency
On shorter time frames, IP price is trading above key exponential moving averages. Resistance at $5.3 and $5.8 remains critical, and a breakout could push IP's price towards $8. Conversely, failure could lead to a drop to $3.64. The Relative Strength Index (RSI) also indicates a bullish trend, hovering at 64.41. Tradingview's technical summary backs the positive sentiment, with all four indicators signaling a buy.
Story (IP) cryptocurrency continues to impress with its current market achievements, showing potential for further growth in the near future.