Story [IP] Price Prediction – Traders, Don’t Miss This Critical Divergence Signal!

Story [IP] is flashing a make-or-break technical pattern—and crypto traders are scrambling to position themselves.

Here’s the setup: A bullish divergence on the daily chart clashes with overheated RSI levels. Classic crypto whipsaw fuel.

Key levels to watch: A hold above $0.25 could trigger a 30% pump, while a breakdown under $0.20 might invite the usual ‘buy the dip’ crowd (until it drops another 50%, of course).

Pro tip: Watch Bitcoin’s moves—because in this market, even ‘decentralized’ alts still dance to BTC’s tune. Ah, the irony.

Story IP price prediction – Bears expected to decide the next move

Source: IP/USDT on TradingView

In May, IP bulls tried to establish an uptrend. They were able to make a bullish market structure shift and also drive the price above the moving averages. This attempt was reversed later in the month.

The losses sustained over the past two weeks drove IP to new lows. A set of Fibonacci retracement levels was plotted based on the drop. The $3.41, $3.61, and $3.89 levels WOULD be the key retracement levels expected to serve as resistance.

The OBV has climbed higher over the past week, but the Awesome Oscillator continued to signal bearish dominance. The conflicting signals can be resolved using the price action, especially since the 1-day market structure remained bearish.

A retest of the $3.5-$3.6 supply zone would likely offer a selling opportunity.

Source: Coinglass

The liquidation heatmap agreed with this conclusion. The 1-month lookback period heatmap highlighted the $3.2-$3.3 area, and the $2.4 area as the nearby notable magnetic zones.

Price is attracted to liquidity. The build-up of liquidations above the local high would likely be swept before the next bearish move. This could even see the bounce go as high as $3.41 – The 50% retracement level.

Traders should remain nimble when looking for selling opportunities. The week ahead is likely to be volatile, which could be profitable if navigated correctly.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion