Today has been a very strong day for Story IP, and that is hard to ignore. The token is trading around $2.51, up nearly 25% in a single session, and it is sitting among the top gainers in the market right now. What stands out even more is the activity behind the move. Trading volume has jumped close to 700%, which shows this is not a quiet push but a move backed by real participation.
Story IP is not moving in isolation either. AI-related tokens are seeing growing interest as usage and narratives around AI continue to build. Many traders are starting to believe that the next altcoin phase could be led by AI-focused projects. In that context, the strength in Story IP naturally raises a question. Is this just a fast short-term move, or the start of something that could develop into a larger trend?
On the 4-hour chart, Story IP has finally moved out of the downtrend channel that was controlling price for a long time. Earlier, the price was stuck inside that channel, making lower highs again and again. Now that channel is clearly broken. Price stayed above the channel and did not fall back, which usually means the structure has changed.
Source: TradingView
After breaking the channel, Story IP did not push higher immediately. Instead, the price slowed down and started moving sideways. This sideways move looks like accumulation. Selling pressure started fading here, and buyers quietly stepped in. Volume during this phase was stable, not dead, which supports the idea that this was accumulation and not weakness, and price moved up and paused on the resistance area and faced some selling pressure and came next to the Fib 0.5-0.618 level and started the accumulation phase again.
Once that phase ended, price pushed higher with strong volume and crossed the earlier resistance near $2.30. Right now, price is trading around the $2.50 area. Buyers are still in control, but the move has been fast. The 4-hour 50 EMA is now sitting below price and acting as support. As long as the price stays above this EMA, the short-term structure stays positive. This keeps the current Story IP short-term outlook tilted toward the upside toward the Fib 1.618 level, i.e., $2.862.
At the same time, momentum is stretched. RSI is sitting around 88, which is clearly overbought. This usually does not mean a reversal straight away, but it does increase the chances of a pause or a pullback. A move back toward the $2.30–$2.20 area would not be surprising and would still be healthy. If price slips deeper, the $1.96–$1.86 zone becomes important again.
On the daily chart, Story IP is showing early recovery after a long correction. After the strong rally, the price stayed in a downtrend and followed a clear descending trendline. That trendline has been broken, and the price is starting to make a base, which signals that selling pressure is weakening.
Source: TradingView
Price is currently trading above the 50 EMA, which is a positive sign, but a strong daily close above the EMA is still missing. Because of this, the long-term trend is improving but not fully confirmed yet. It feels more like a transition phase rather than a clear bull trend.
The $1.50 level has served as a strong demand area, with price forming a base following the pullback. On the daily chart, the RSI is at 70, which is close to the overbought zone, indicating less room for further upside. The long-term outlook remains cautious for the time being. Price is improving, but it is still in the early recovery stage, not a confirmed trend yet.
On the upside, selling pressure can show up near $3.06 and again around $4.36 and $5.92. These are not easy levels to clear. On the downside, the $1.50 base matters a lot. As long as the price stays above it, the structure holds. A drop below this area could drag the price closer to $1, which would slow things down for the long-term trend and push the recovery further out.
The Story IP price prediction for 2026 is not yet clear, but the structure looks better than before. In the short term, the price has moved up with strong volume and is trading above the 50-day EMA, but the RSI is quite high, so a pullback to $2.30 or $2.20 is possible. On the daily chart, the $1.50 base has held, but a strong close above the EMA has not yet been achieved. Selling pressure may be encountered at $3.06, $4.36, and $5.92. The trend is improving, but patience is still necessary.
YMYL Disclaimer: This article is strictly informational in nature and does not constitute an investment recommendation. Investment in cryptocurrencies is extremely volatile. It is always essential to do your own research before making any investment.
Rahul Rathore brings over 3 years of hands-on experience in technical analysis, specializing in crypto, stocks, and market trend forecasting. With a deep understanding of chart patterns, indicators, and market psychology, Rahul delivers precise, actionable insights that help traders and investors make informed decisions. His analytical approach combines technical expertise with real-world market understanding, making his content reliable and highly valued by both novice and experienced traders.