IPToken

Story Protocol (IP), a newly launched crypto AI project, is making waves in the market with its impressive price surge. While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have struggled, IP has defied the bearish trend, soaring over 40% in the past 24 hours.
📊 Story Protocol (IP) Current Price Momentum
Currently, IP is trading near $3.73, supported by a 63% surge in trading volume. The token has now secured a spot among the top 10 crypto AI tokens, surpassing Virtual Protocol (VIRTUAL).
Although the exact reason for this rally remains unclear, market analysts suggest that whale accumulation may be fueling the uptrend.
🔥 IP Price Action & Key Levels to Watch
Technical indicators point to continued bullish momentum:
✅ ADX (Average Directional Index) at 61, indicating strong upward movement.
✅ Resistance at $4, with potential for a breakout.
✅ A short-term price correction could occur before a major rally.
Despite the possibility of a pullback, market sentiment remains bullish, with many investors betting on further upside movement.

📉 $4.67M Worth of IP Outflow – Whale Accumulation?
Data from Coinglass shows a $4.67 million outflow of IP tokens from exchanges, suggesting whales and long-term holders are accumulating. This could increase buying pressure and drive prices even higher.
Additionally, intraday traders are heavily betting on IP, as open interest (OI) has surged by 52% in the last 24 hours, signaling a rise in new positions.
🔮 Final Thoughts: Can IP Hit $4 and Beyond?
With strong bullish momentum and whale activity, IP could break above $4 and even push toward higher levels. However, traders should watch for potential short-term corrections before entering new positions.
📢 Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing.
🔹 #StoryProtocol #CryptoAI #IPToken #Blockchain #CryptoTrading 💰🚀
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