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Story (IP) Price Prediction: Can It Hit $6.63 Soon?

Veronicah Peninah by Veronicah Peninah
February 21, 2025
in Binance Feed, Market
Reading Time: 3 mins read
Story (IP) Price Prediction Can It Hit $6.63 Soon
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  • IP jumped 62.5%, hitting $5.25, with a 24-hour high of $7.00, fueled by bullish momentum and speculation.
  • Futures Open Interest Spikes – IP Open Interest rose from $100M to $225M, signaling increased trader activity and market anticipation.
  • Price Prediction Signals More Gains – Analysts expect IP to rise 3% to $5.03 on Feb 22, with a potential peak of $6.63 by Feb 26, reflecting 32.56% growth.

Following the release of the Story Technology Roadmap at dawn,the price of $IP has just exploded recently.The IP cryptocurrency value increased more than 40% in the past twenty-four hours while major assets like Bitcoin (BTC) and Ethereum (ETH) have struggled to gain momentum.

Story Token  Eyes Further Gains Amid High Volatility

At press time, Story was priced at $5.25, reflecting a massive 62.5% increase in value. Additionally, its price in Bitcoin terms is 0.00005330 BTC, marking a 59.9% surge against BTC. These sharp gains indicate strong bullish momentum, likely driven by increased demand, positive news, or market speculation.

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The 24-hour price range reached $3.07 as its lowest point but climbed up to reach $7.00 indicating intense market fluctuations. Story’s daily price movement from its bottom at $3.07 to its peak at $7.00 indicates increased market engagement possibly caused by consolidation breakout or fundamental boosts.

IP Surges 554% to $8.96 – Will the Rally Continue?

According to analyst BOBO, IP saw an explosive 554% price surge  reaching a peak of $8.96. The 4-hour timeframe on Bybit shows a clear breakout, with consecutive bullish candles confirming strong momentum.If momentum continues, higher highs are possible, but a pullback to retest key support levels is also likely. This move suggests strong investor interest and potential market speculation.

Source:(X)

Rising Open Interest Signals Strong Bullish Momentum for IP

Data from Coinglass shows a significant increase in IP Futures Open Interest (USD) from February 17 to February 21, accompanied by a sharp rise in IP price. Open interest surged from approximately $100 million to over $225 million, indicating growing market participation and heightened speculative activity. 

 The price of IP surged from original levels of $1.56 to reach $6.00 which proves strong bullish momentum exists in the market. If open interest and price movements continue to increase then investments in products could surpass $6.00 to potentially reach $7.50 as traders open new positions.

Story (IP) Price Outlook for February 22

Data analysis from Coincodex show that IP will surge with a 3.0% to trade at $5.03.Over the next five days, Story will reach the highest price of $ 6.63 on Feb 26, 2025, which would represent 32.56% growth compared to the current price. This follows a 174.50% price change over the last 7 days.

Tags: Altcoin NewsPrice Analysis

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