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Story [IP] eyes a breakout after 11% rally – Why traders remain cautious
Intellectual-property-based token Story [IP] has staged one of its biggest rallies in recent times, swinging 11% in a single move on the 21st of June. However, multiple data points show that large holders and investors betting on further upside have driven the asset’s rally.
Structurally, however, the rally does not look sound enough to qualify as a committed, long-term move. AMBCrypto breaks down the factors tied to IP and how they are likely to shape the asset’s near-term performance.
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