Story (IPUSD) Price Will Keep Rising

Story (IPUSD) Price Forecast: February 27

The IPUSD pair has seen a surge and the price will keep rising as the coin price faces the upper resistance with high buying pressure from the bulls. Thus, if the crypto price closes above a $7.99 prior high mark, the accelerated buying pressure may increase the token price towards the $9.00 upper resistance level, signaling a potential buy signal for coin traders.

Key Levels:
Resistance Levels: $6.50, $6.60, $6.70
Support Levels: $3.65, $3.63, $3.61

IP (USD) Long-term Trend: Bullish (1H Chart)

The long-term market value of Story will keep rising as it continues moving in a bullish direction as seen from the chart below. The coin price trades above the moving average line, confirming a bullish race due to the high impact of the buy investors.
During the last session, the pair reached and held the $5.40 resistance level, sustaining the coin above the supply levels in its recent high.

The IP price opened lower and has been in green candles over the past few hours. The price finds a reliable resistance at $6.56 value above the moving averages as the 1-hourly session begins today, suggesting the coin price will keep rising and prolonging the upward rally, fueling the release of more buy investors into the market.

Right now, the price signal is pointing upwards, indicating the Story price will keep rising. As a result, the token price could jump or surge to hit the $9.00 supply mark sooner in its higher-term outlook.

IP (USD) Short-term Trend: Bullish (30-Minute Chart)

The IPUSD market suggests the price will keep rising as it remains in a bullish trend in its short-term outlook. The price currently trades above the EMA-50, making higher highs and moving towards the upper resistance area.
The bulls’ high order flow to a $4.90 resistance level in the last session has contributed to the coin’s strength in its recent high.

The Story market is gaining traction and will keep rising as the bulls increase the coin price to a $6.56 supply value above the EMA-50 as the 30-minute chart opens today, resulting in a good buy signal for long traders.

Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong breakup above the $6.89 resistance point would strengthen the bullish pressure.

Next, the IPUSD ongoing rally is advancing and will keep rising, as indicated by the daily indicator pointing upwards. In light of this, the coin price may surge to the $9.00 upper resistance level in the coming days in its short-term forecast.

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