AI

Story Surges Over 30%, Surpasses Virtuals Protocol

Story (IP) is quickly gaining attention with a strong 32% surge, prompting traders and investors to accumulate the AI asset.

IP’s Price Momentum

According to Coinglass, IP has climbed into the top ten crypto AI tokens, even surpassing Virtuals Protocol (VIRTUAL). Currently priced at $3.42, it has seen a 97% increase in trading volume.

Various exchanges have also reported a consistent outflow of IP tokens, signaling growing investor interest. Over the past 24 hours, $2.15 million worth of IP tokens were transferred.

 

Technical Indicators

Long positions continue to dominate, with $3.28 million in long bets at the $3.134 level. Short sellers seem to be exhausted, with $1.54 million in short positions at $3.276.

Meanwhile, technical analysis shows a bullish trend, with the ADX at 59, indicating strong momentum. However, the four-hour chart suggests a possible 15% correction, potentially bringing the price to $2.61.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.

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By submitting this form, you are consenting to receive marketing emails from: Crypto Weekly, 36 Blue Jays Way, Toronto, ON, M5V 3T3, http://cryptoweekly.co. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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