- If the story closes more than $ 6.50 daily, it can cause 42% rally for up to $ 9.
- Today, merchants of IP are over $ 5.85 at the bottom and $ 6.54 at the top.
Story (IP) It is attracting attention for impressive performance. According to CoinmarketCap data, recently released assets surged more than 13% later.
This price survival suggests additional benefits. According to AmbCrypto, the token appears to be optimistic and appears to be out of the symmetrical triangle pattern on the daily chart. It also overcomed resistance from the order of descending.
The price is now $ 6.35, which has suffered appropriate resistance. If the IP closes more than $ 6.50 every day, it can increase by 42%to $ 9.
This movement can also set a new record for assets. Recent price behavior and historical patterns support this potential growth.
Source: TradingView
At the time of writing, IP’s relative intensity index (RSI) is 61 years old, assets have a strong momentum and still have enough space to continue the upward relationship.
During this period, trading volume increases by 180%, which can be caused by recent evacuation as the interests of traders and investors increases.
Major liquidation level
However, the price behavior of this strength is further supported by the intensive betrayers who bet on the long side, as reported by CoingLass, a whole chain analysis company.
According to the data, the traders have been relieved excessive with $ 4.85 at the bottom and $ 6.54 at the top, with a length and a short position of $ 49.1 million, respectively.
Source: COINGLASS
This excessive location indicates that the bull strongly dominates assets and potentially supports the continuous upward momentum of the IP.