Story (IP) Price Prediction: IP/USD Surges 58% Targeting $6.00 as BEST Wallet Presale Nears $11M Milestone

The Story price surged 58% in the last 24 hours to trade at $4.94 as of 12:18 a.m. EST on trading volume that skyrocketed 161% to $1.2 billion.

The Story (IP) price soared by an impressive 58% during the past 24 hours, surging to trade at $4.94 as of 12:18 a.m. EST on Monday. This price movement was accompanied by a substantial surge in trading volume, which soared by 161% to reach $1.2 billion.

According to data from GeckoTerminal, the IP price exhibited a clear bullish trend on the 1-hour chart, with the token making a significant upward move. The price rose from approximately $1.01 to a peak near $4.62, showcasing a strong rally.

This price action formed higher highs and higher lows on the chart, indicating strong buying pressure. After reaching the $4.62 resistance level, the IP price experienced a minor retracement. However, it remained above crucial support zones, suggesting the potential for further upside movement.

The current retracement is testing key Fibonacci levels, which will play a crucial role in determining whether the uptrend continues or if a deeper pullback occurs.

Currently, the IP price is still trading above the 0.236 FIB level, which indicates that the bullish momentum is still intact. If the price holds above $3.76, we can expect to see a continuation of the rally.

The 50 Simple Moving Average (SMA) on the 1-hour chart is also sloping upwards at $3.35, which confirms the strong bullish trend. This moving average is acting as a dynamic support level, helping sustain the price momentum.

Moreover, the Relative Strength Index (RSI) is currently at 60.79, indicating a moderately bullish momentum. This level shows that the market is not yet in overbought territory (above 70), leaving room for further price appreciation before potential exhaustion.

Given the strong trend and support at key levels, IP’s outlook remains bullish. If the Story price holds above the $3.76 support (0.236 Fib), the next potential targets are $5.00 and $6.00 in the short term. A break above $4.62 could lead to new highs.

Conversely, if the IP price falls below $3.76, deeper retracements to $3.24 (0.382 Fib) and $2.81 (0.5 Fib) may occur before resuming the uptrend.

In other news, investors are flocking to the presale for Best Wallet (BEST), which YouTuber ClayBro, with over 136K subscribers, says might be the best crypto wallet for 2025.

Best Wallet Quickly Closing On The $11 Million Milestone – Next Crypto To Explode?

Top Bitcoin and crypto wallet Best Wallet continues to make headlines with its impressive user statistics after crossing 250,000 monthly active users and 500,000 total users in its sights.

One standout feature is its “Upcoming Tokens” section, which flags the hottest presales in the market for investors.

The Fastest Growing Wallet in Crypto!

In a crowded market, Best Wallet delivers the tools you need to gain an edge. ?

1) Exclusive alpha on new projects.

2) Buy and claim tokens in the app.

3) Manage all your assets across multiple chains in one place.

This is why the Best… pic.twitter.com/AT4yos1CmG

— Best Wallet (@BestWalletHQ) December 30, 2024

It’s got a great track record at identifying promising projects, having already flagged early tokens including Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that delivered 500% and 3,000% gains, respectively, for early investors.

Best Wallet continues to gain traction, having already raised over $10.3 million in its presale. A part of its appeal is that investors can also stake BEST tokens for a huge 157% annual return.

Currently, BEST tokens are priced at $0.024075. Those interested in joining the project should buy BEST before a price hike in less than 36 hours.

Purchase BEST on its official website here.

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