Story Protocol Price Prediction 2025: Analyzing IP Crypto’s 75% Drop and Potential Reversal
Story Protocol's IP token has plummeted 75% from its September peak of $14.5, now hovering NEAR critical support at $3.01. This retracement follows a spectacular 375% rally between July and September 2024, fueled by a falling wedge breakout.
Technical patterns suggest the current decline mirrors typical post-breakdown exhaustion. The token's rapid descent from $7.5 to $3 in just 30 days aligns with historical wedge pattern behavior, presenting potential accumulation opportunities at June support levels.
Traders are watching for reversal signals as IP approaches this key zone. The 2025 outlook hinges on whether current levels can catalyze renewed institutional interest, given the protocol's fundamental IP management utilities in Web3.