Story (IP) is making a buzz in the crypto market with its strong comeback. IP made a bounce from the 50-day EMA level at $8.621.
IP price surged by almost 14% in the last 24 hours, and the daily trading volume increased by 46% suggesting strong buying interest.
Story (IP) is gaining momentum in the cryptocurrency market with a significant recovery that has technical traders on high alert. The token is currently trading at $9.83, and it has resisted after hitting a critical technical level.
The price movement shows that Story has managed to recover off the 50-day exponential moving average of $8.620, which is a critical dynamic support area that has been demonstrated to be significant during the recent upward trend. This bounce is especially important because it shows the intensity of the buyer interest at this technical level. The token is still sitting well above the 50-day EMA as well as the 200-day EMA at $5.897, which means that the bigger bullish pattern is not
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