$IP Story Protocol (IP)’s price is up today as the biggest gainer with a 20%+ surge, fueled by rebound from key support, massive volume spike, and privacy coin rally momentum.[1][5]

Here are the main points “Why is IP’s price up today?”:

Top gainer with 20%+ daily jump

IP surged over 20 percent in 24 hours to around $3.01 to $3.15, leading all major coins while the global market cap dipped slightly to $3.13 trillion.[1][4]

Strong volume explosion

Trading volume spiked over 400 percent to as high as $198 million, confirming real buying pressure behind the move.[5]

Rebound from key support zone

IP bounced sharply from the $1.30 to $1.50 demand zone and reclaimed levels above $2.60-$2.70, with buyers now eyeing $3 or higher.[3][5]

Part of privacy coin rally

IP leads alongside Monero (XMR up 11%) and others, trading above 50-day EMA at $2.31 for added technical support.[1][5]

Bullish short term outlook

Despite bearish predictions like a drop to $1.55, current momentum counters that with 12 green days in 30 and potential to extend the rally.[2]

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IP
IPUSDT
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