Story (IP) Price Prediction for February 21
Story Protocol (IP) is a newly launched Crypto AI project that has caused a wave in the cryptocurrency space with its impressive performance. Over the past 24 hours, IP has soared more than 40%, against bearish market trends, despite major assets such as Bitcoin (BTC) and Ethereum (ETH).
Current Prie momentum for Story Agreement (IP)
With a clear upward momentum, IP is currently trading at close to $3.73. Meanwhile, traders and investors showed strong participation, resulting in a 63% increase in trading volume.
Not only does IP surpass the main assets, but it also ensures the position among the top 10 crypto AI tokens by replacing the virtual protocol (virtual) (virtual). However, the potential reasons for the rally are not clear, but experts suggest that the continued accumulation of whales may be the driving factor.
IP price action and upcoming levels
According to expert technical analysis, IP appears to be bullish, as the average direction index (ADX) is 61, indicating a majestic bullish momentum. This suggests that the rally may continue further until it reaches $4 points.
In addition to the bullish outlook for the indicator, assets may also be price corrections before a significant rise. In addition, market sentiment remains highly bullish and assets may continue to rise.
IP outflow worth $4.67 million
Judging from the bullish outlook, as Chain Analytics reports, investors have been accumulating tokens Small shop.
Data from spot inflows/outflows suggest that the exchange witnessed the outflow of $4.67 million worth of IP tokens, indicating the potential accumulation of whales and investors. Outflows in exchanges can create buying pressure and drive further upward momentum.
In addition to rising interest among medium- and long-term holders and whales in AI tokens, day traders are also actively betting on assets. Data show that IP open interest (OI) has soared by 52% over the past 24 hours, indicating a significant increase in new open locations.
