IP Coin ADAM February 20, 2025 0 Comments

Story (IP) Skyrockets 38% to Enter Top 10 AI Coins, Surpasses VIRTUAL

The AI crypto market is witnessing a major shake-up as Story (IP) surges 38% in 24 hours, reaching a market capitalization of approximately $700 million. This meteoric rise has propelled Story into the top 10 AI cryptocurrencies, overtaking VIRTUAL and fueling investor excitement.

Story (IP) Price Rally Gains Momentum

Story’s impressive price action is driven by strong buying pressure, as reflected in key technical indicators. The ADX (Average Directional Index) has surged to 55.1, signaling an extremely strong trend, while the CMF (Chaikin Money Flow) has rebounded to 0.10, confirming significant accumulation.

If this bullish momentum continues, Story could test $3 or even higher in the near term. However, a break below $2.16 could lead to a sharp correction, potentially dragging the price down to $1.36.

ADX Confirms Strength of Story’s Uptrend

The ADX, which measures trend strength, has soared from 34.2 to 55.1 in just one day, reinforcing that Story’s bullish trend is accelerating. Typically, an ADX reading above 25 indicates a strong trend, while levels above 50 suggest extreme trend strength.

Since Story is already in an uptrend and at an all-time high, this spike in ADX suggests that buyers remain firmly in control, potentially driving further price appreciation. However, such high values may also indicate overextension, meaning a short-term pullback could occur if momentum slows.

CMF Signals Rising Buying Pressure

The Chaikin Money Flow (CMF) indicator, which measures the flow of capital into or out of an asset, has rebounded sharply from -0.19 to 0.10. Just days ago, it hit a low of -0.40, signaling heavy outflows. The rapid recovery into positive territory suggests that investor confidence is returning, and buying pressure is intensifying.

Positive CMF values indicate accumulation, whereas negative values suggest distribution. Story’s current CMF at 0.10 confirms that buyers are regaining control, strengthening the case for continued bullish momentum.

Will Story (IP) Break Above $3?

Technical indicators continue to support an upward trajectory for Story. The Exponential Moving Averages (EMAs) are well-aligned, with short-term EMAs positioned above long-term ones, signaling a healthy bullish trend.

If this momentum persists, Story could test $3 or even higher, potentially pushing its market cap toward the $1 billion mark. However, if the rally stalls, key support levels to watch include $2.16, with a possible downside risk toward $1.36 in case of a broader correction.

Conclusion:
What’s Next for?

Story’s explosive growth has made it one of the best-performing AI cryptocurrencies in recent days. With a strong ADX, positive CMF, and bullish EMA structure, the momentum remains in favor of the bulls. However, traders should watch key support and resistance levels closely as the market remains volatile.

Will Story sustain its rally and break above $3, or will it face a pullback? Stay tuned for more updates on this fast-growing AI crypto project.