Story (IP) Becomes Top 10 AI Coin, Surpasses VIRTUAL
Stories (IP) have soared about 40% in the past 24 hours. This raises its market capitalization to around $680 million and places it among the top ten AI coins. Strong gatherings are driven by increasing buying pressure, with metrics such as ADX and CMF confirming the strength of the uptrend.
The technical setting of the story shows that momentum is accelerating and its EMA structure strengthens the continued bullish movement. If this trend holds, the story can quickly test $3 or higher, but if momentum fades, it may be sharply corrected $2.16 or lower.
Story ADX shows that the current uptrend is very strong
Story’s ADX is currently soaring, currently at 55.1, up sharply from 34.2 a day ago. This rapid growth shows that the power of storytelling trends is increasing at an unprecedented rate.
ADX (Average Direction Index) It is not certain whether the trend is bullish or bearish, but rather a measure of the strength of the current movement.
and Stories (IP) are on the upward trend At historical heights, this rising ADX suggests that momentum is accelerating rather than slowing down, thus enhancing the potential for further growth.
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ADX is used to evaluate trend intensity at 0 to 100 scales with a reading above 25, indicating a strong trend, while anything above 50 indicates extreme trend intensity.
With Story’s ADX of 55.1, it has reached its highest level ever, confirming its uptrend is stronger than any other moment in its history. This may mean that the buying pressure is still intense and may drive The story price is even higher As traders continue to push for the rally, make it Best performance altcoins in recent days.
However, such a high ADX value also increases the possibility of over-expansion, which means that despite the strong uptrend, it may eventually follow if the momentum starts to fade away.
IP CMF is recovering quickly after reaching -0.19
Story CMF (Chaikin Money Stream) is currently 0.10, recovering from yesterday’s -0.19 and rebounding sharply from the negative peak of -0.40 on February 15.
This rapid shift from negative to positive areas shows that buying pressure has increased significantly after strong outflows. CMF measures the volume-weighted accumulation and distribution of assets, helping to determine whether currency is inflowing or out of the market.
The rise in CMF, especially after a long period of time on negative territory, often indicates investor confidence and bullish momentum.
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The CMF value ranges between -1 and +1, with positive readings above 0, indicating cumulative (buy pressure) and negative readings below 0 indicate distribution (selling pressure).
Story’s CMF is 0.10, indicating that buyers are gaining control, and its current upward trend as more capital flows into the assets. If the CMF continues to rise, it can confirm the continued accumulation and further support price appreciation.
With the recent surge, stories are now in the top ten Artificial Intelligence Coinwhich has recently exceeded the market value of virtual.
However, if the CMF strives to maintain positive territory and lower zero, it may indicate that the buying momentum is weakening, which may lead to a merger or retreat.
Will the Story (IP) price be down more than $3?
Story’s EMA line confirms that it is in a strong uptrend, with short-term moving average positions above the long term and maintaining a healthy distance between them.
This separation indicates a continued bullish momentum as price action is still supported by the trend. When the long-term gap in short-term EMA is higher than the long-term gap, it indicates that buying pressure exceeds sales pressure, thereby enhancing the continuation of the uptrend.
As long as the latest 1-layer maintenance This trend can quickly reach higher price levels. If this uptrend continues, the story will soon test $3 very quickly, even surpassing this for the first time.
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With its current market cap of about $700 million, the price rose to $3.7, pushing it to the $1 billion mark, which is a reality given its current rallies.
But if the story (IP) loses motivation – especially others You have coins It started strongly correcting last month – it could regain support for $2.16.
Breakdowns below this level may trigger deeper corrections, even $1.6 or even $1.36, which may be 50% lower than the current level.
Disclaimer
and Trust Project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and impartial reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions,,,,, Privacy Policyand Disclaimer Updated.