IP Price Surges 11%, Market Cap Now Crossing $500 Million | Airdrop Alert Pro

With the exciting new launch of the mainnet, the price of Story (IP) has soared over 10% in the past 24 hours. The story is one of the most anticipated crypto launches of the year, receiving $134 million from investors such as Andreessen Horowitz and Polychain Capital.

With strong momentum driving its price action, technical indicators show that IP is at a critical moment. Its market capitalization spans $500 million before a brief correction. Whether it continues to rally to new high or face-to-face resistance and retreat will depend on the trader’s response to key support and resistance levels.

Story ADX displays upward trend very strong

After the official release, the story is trending Level 1 Mainnet, the recent surge triggered strong growth in ADX. Regardless of direction, the average direction index (ADX), which measures the intensity of the trend, has risen from 25 yesterday to 43 today.

Its price has increased by more than 11% in the past 24 hours, making it a Best performing altcoins one day.

Typically, ADX readings above 25 confirm a strong trend, while values ​​below 20 indicate weak or rough prices. The current rise shows that momentum is picking up as trading activity and continuous directional movements.

With ADX now at 43, the trend remains strong, strengthening bullish sentiment. This means that the buyer is in control and that if momentum remains, the price may continue its upward trajectory. If ADX continues to rise, it can support further gains and send out expansion trends.

However, if ADX starts to drop, it may indicate Story (IP) Power Fading is being done, which can lead to consolidation or even potential reversals.

The decline in ADX, which falls along with the price weakness, will be a warning of trend exhaustion, and the stability of ADX at a high level will indicate that the market is still in a strong stage.

IP BBTREND Still very positive, but stable

IP’s BBTREND has maintained a positive attitude for more than a day, reaching a peak of 14.3, and then recovering to 10.6. This is a strong recovery from the February 16 low to the low peak of -29.

BBTREND (Bollinger Band Trend) is an indicator that measures the direction of the price relative to its Bollinger band, helping to determine trend strength and potential reversal.

Positive values ​​indicate bullish momentum, while negative values ​​indicate downward trend. Extreme readings usually indicate excessive or oversold conditions.

With BBTREND’s current 10.6, the indicator is still bullish on territory, but its 14.3 drop indicates that momentum is cooling. This may mean that buying pressure is gradually disappearing, leading to a period of consolidation or potential shift in trends.

If BBTREND stabilizes at this level, the uptrend may continue, but further declines may indicate an increasing weakness. Traders will pay close attention to see if the callback is temporary or the relocation begins.

Intellectual Property Forecast: Can the story reach $2.30 as soon as possible?

Story (IP)which places it between the intersection of intellectual property rights AIthe current resistance trading between $2.12 and $1.90 support trading, stays within the key price range. If the uptrend weakens and $1.90 loss, the next major support is $1.79.

The continued downward trend may push the price further towards $1.58 or even $1.40, indicating a deeper correction. These levels are crucial to determine whether buyers step in to defend trends or intensify sales pressure.

On the other hand, if the upward trend remains strong, AltCoin can be tested $2.12 resistor. A breakout above this level confirms bullish momentum and opens the door toward a transfer of $2.20 or even $2.30.

In this case, the buyer will remain in control and the price action may be extended.