#OnChainInsights The new Story (IP) token has grown by 161.7% in just a week since its debut on the market. It has already surpassed the top 10 artificial intelligence (AI) cryptocurrencies in terms of growth rate.

Let's figure out what's happening on the Story (IP) market and what to expect from the cryptocurrency price.

IP Bulls Dominate the Market

The MACD indicator confirms the bullish outlook for the token. At the time of writing, the MACD line ( blue ) is above the signal line ( orange ).

This configuration is a clear bullish signal. It means that buyer activity exceeds seller pressure. In such conditions, traders close short positions and open long ones, which can contribute to a further rally of the Story token.