Story (IP) is surging, up roughly 40% in the last 24 hours. This pushes its market cap to around $680 million and places it among the top 10 biggest AI coins. The strong rally has been fueled by increasing buying pressure, with indicators like ADX and CMF confirming the strength of the uptrend.
Story’s technical setup suggests that momentum is accelerating, with its EMA structure reinforcing continued bullish movement. If this trend holds, Story could soon test $3 or higher, but if momentum fades, it risks a sharp correction toward $2.16 or lower.
Story ADX Shows the Current Uptrend Is Very Strong
Story’s ADX is surging, currently at 55.1, up sharply from 34.2 just a day ago. This rapid increase indicates that the strength of Story’s trend is intensifying at an unprecedented pace.
The ADX (Average Directional Index) does not determine whether the trend is bullish or bearish but measures how strong the current movement is.
With Story (IP) already in an uptrend and at an all-time high, this rising ADX suggests that momentum is accelerating rather than slowing down, reinforcing the potential for further gains.
ADX is used to gauge trend strength on a 0 to 100 scale, with readings above 25 signaling a strong trend and anything over 50 indicating extreme trend strength.
With Story’s ADX at 55.1, it has reached its highest level ever, confirming that its uptrend is stronger than at any other point in its history. This could mean that buying pressure remains intense, potentially driving Story price even higher as traders continue to fuel the rally, making it one of the best-performing altcoins of the last few days.
However, such high ADX values also raise the possibility of overextension, meaning that while the uptrend is extremely strong, a cooling-off period could eventually follow if momentum starts to fade.
IP CMF Is Recovering Quickly After Reaching -0.19
Story CMF (Chaikin Money Flow) is currently at 0.10, recovering from -0.19 yesterday and rebounding sharply from its negative peak of -0.40 on February 15.
This rapid shift from negative to positive territory suggests a significant increase in buying pressure after a period of strong outflows. CMF measures the volume-weighted accumulation and distribution of an asset, helping to determine whether money is flowing in or out of the market.
A rising CMF, especially after a prolonged period in negative territory, often signals renewed investor confidence and growing bullish momentum.
CMF values range between -1 and +1, with positive readings above 0 indicating accumulation (buying pressure) and negative readings below 0 suggesting distribution (selling pressure).
Story’s CMF at 0.10 shows that buyers are gaining control, reinforcing its current uptrend as more capital flows into the asset. If CMF continues to rise, it could confirm sustained accumulation, further supporting price appreciation.
With the recent surge, Story is now among the top 10 biggest artificial intelligence coins, recently surpassing VIRTUAL in market cap.
However, if CMF struggles to maintain positive territory and dips back toward zero, it may indicate that buying momentum is weakening, potentially leading to consolidation or a pullback.
Will Story (IP) Price Break Above $3?
Story’s EMA lines confirm that it is in a strong uptrend, with short-term moving averages positioned above long-term ones and maintaining a healthy distance between them.
This separation indicates sustained bullish momentum, as price action remains well-supported by the trend. When short-term EMAs are above long-term ones with a clear gap, it signals that buying pressure is outpacing selling pressure, reinforcing the continuation of the uptrend.
As long as the newest Layer-1 maintains this trend, higher price levels could be reached soon. If this uptrend continues, Story could soon test $3 or even rise above that for the first time.
With its market cap currently around $700 million, a price surge to $3.7 would push it toward the $1 billion mark, which is a realistic scenario given the strength of its current rally.
However, if Story (IP) loses momentum – especially as other AI coins have started correcting strongly in the last month – it could retest support at $2.16.
A breakdown below that level could trigger a deeper correction toward $1.6 or even $1.36, representing a potential 50% decline from current levels.
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