Tue, February 25

Story (IP) Surges Over 20% In a Day, Market Cap Surpasses $1.18 Billion

Story (IP) Surges Over 20% In a Day, Market Cap Surpasses $1.18 Billion Altcoin News
  • Story (IP) price up by 20%, trading at $4.885; market cap reaches $1.22 billion.
  • Resistance levels at $5.3 and $5.8, with potential targets of $8 or a drop to $3.64.

The price of Story (IP) has surged by 20% in the last 24 hours indicating strong bullish momentum. Its trading volume has also increased which reflects growing investor interest and heightened trading activity.

The momentum in IP price is looking solid and shows no signs of slowing down. As per the technical analysis, Story crypto price has been in bullish momentum for the last few weeks giving outstanding returns to its investors. Last month it advanced by almost 67% and last week it surged by 145.58%.

IP is currently up by almost 370% from its all-time low price of $1.00 which was registered on Feb 13, 2025. While it is 33% down from its all-time high of $7.11. It appears that the buyer engaged in some mild profit booking and later accumulated it at lower levels.

According to CoinMarketCap data, at the time of writing Story crypto price is trading at $4.885 with an intraday increase of 20% demonstrating bullishness. The daily trading volume has surged by 80% indicating buying momentum and the volume-to-market ratio is 51.87%. Moreover, the market cap is $1.22 billion and the 24-hour trading volume is $631.09 million.

Will Story (IP) Break It All-Time High Price?

Source: Tradingview

On 4-hour and 1-hour time frames IP price is trading above the key exponential moving averages suggesting bulls confidence in Story crypto. If the IP price breaks its all-time high investors might witness a fresh rally in the upcoming days.

Resistance at $5.3 and $5.8 poses key resistance. A breakout could push the IP price toward $8, while it fails, it could drop to $3.64 or lower. Furthermore, the RSI is heading in the bullish zone currently hovering at 64.41 suggesting the bulls have a grip on the trend.

Moreover, the trading view technical summary also supports the bulls. As per the technical summary of the trading view for Story crypto, out of 4 indicators, all four indicators are showing a buy signal, with none indicating a sell signal, which suggests strong bullishness.

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