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The post Story (IP) Token Soars 27.3%: Can It Reclaim Its $9 ATH? appeared first on Coinpedia Fintech News With a growth of 27.3%, IP, the native token of Story Protocol, has emerged as the top performing crypto in the last 24 hours. The exceptional performance has grabbed the attention of the entire crypto community. IP, which hit the market on February 13, triggered excitement in the crypto community on the first day of the lunch itself, it recorded an impressive single-day growth of 1445.45%. Since the launch, the market has grown by 3933.08%. At one point on February 20, the market reached as high as $9. Currently, the IP price stands at $4.935 – at least 45.166% below the ATH. The big question now is: Will the IP market reclaim its $9 ATH? Let’s dive in! IP’s 27.3% Surge: Breaking the Downtrend? Although the IP price witnessed an impressive single-day growth of 104.09% on February 20, between February 21 and 23, the market experienced a sharp drop of 30.09%. The IP market has not yet fully recovered from the aforementioned correction yet. According to experts, the price of IP has been struck in a descending parallel channel since February 21. However, in the last 24 hours alone, the market has recorded a growth of 27.3%. Technical Indicators Suggest a Breakout in the IP Market In the four-hour chart of IP, the MACD line (blue) sits slightly above the MACD signal line (orange). What this indicates is the domination of bulls in the market. The Elder-Ray Index reading of IP stands at 0.40. This also suggests that buyers have gained a clear edge in the IP market. Also Read : Is Crypto Bull Run Over? , Key Price Levels: What’s Next for IP? Experts predict that if the price of IP breaks above the trendline of the aforementioned descending parallel channel, it could reclaim its ATH level of $9. Experts warn that if sellers regain their control over the market, the IP price may decline to as low as $4.36. Story Protocol: What You Should Know Story Protocol is a Layer 1 blockchain project aimed at making intellectual property programmable and accessible in an AI-driven world through tokenisation. It was on February 13 that Story Protocol officially launched its mainnet. Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Subscribe to News FAQs What is a Story IP? A Story IP refers to intellectual property in Story Protocol, enabling digital content tokenization and ownership in an AI-driven ecosystem. What technical indicators suggest a bullish trend for Story (IP)? MACD shows bullish momentum, and the Elder-Ray Index at 0.40 indicates buyers have an edge, signaling potential price recovery.

Bitcoin corrects nearly 6% on Tuesday, down to $86,400. Meme coins on Solana and blue-chip tokens like Dogecoin, Shiba Inu, Pepe and TRUMP start recovering. Analysts at Nansen identify a risk-off sentiment among crypto traders and commented on catalysts driving Bitcoin's price lower. Bitcoin ($BTC ) traders faced over $746 million in liquidations in the past 24 hours, according to Coinglass data. Meme coins led the market crash last week, with developments surrounding $TRUMP and $MELANIA and the $1.4 billion exc hange hack, where stolen funds were laundered through Solana meme coins. Bitcoin stabilizes at support, meme coins begin recovery Crypto price data shows that Bitcoin stabilized above the $86,000 level on Tuesday after it slipped under the $90,000 level. BTC wiped out nearly 6% of value on the day, and derivatives traders faced $746 million in liquidations in a 24-hour timeframe.

$BTC BTC’s dip opens doors for smart buys. Strong Layer-1s, AI tokens, and blue-chip alts could be prime picks. $DEFI DeFi and GameFi also look promising. Buying the dip or waiting?

BTC has shown some dips in the past week. However, things look decent as the coin’s price is holding steady at $95,000 despite stock indices and exchange-traded funds having taken a considerable dive. BTC was trading just above $96,550 last Saturday, just a day after US equities had one of their worst day in recent history. Nasdaq 100, S&P 500, & SCHD Retreats As per data shared by Nasdaq, the blue-chip S&P 500 took a decent dive by 1.71%. Meanwhile, the Nasdaq 100 fell by 2%, erasing 455 points. Similarly, small-cap-weighted Dow Jones and Russel 2000 fell by 1.70% and 3%, respectively. Schwab US Dividend Equity ETF, known to handle some of the biggest value in stocks, also took a decent beating and is down by 5%. Many technology stocks, including Meta, Microsoft, Apple, and Nvidia, suffered greatly and were some of the lowest-performing stocks. As per CNN, stocks’ fear and greed index hovered near 35. This suggests that there is a sense of fear among investors. As a result, they are looking to minimize losses by liquidating. Even though there is widespread panic in the industry, experts claim that this decline is natural due to the clouds of a trade war looming overhead. However, published market data shows that the Consumer Price Index rose by 3.3% in January, moving further and further away from the target of 2%. BTC Price Stabilizing In other news, BTC and other cryptocurrencies remain unaffected by the upheaval. On the flip side, there are some signs of a BTC price rebound. Weekly charts show that the token is showing some bullish sentiments. At the time of writing, BTC is traded at 96,626.05 with a 0.40% uptrend. While the uptrend percentage might not be great, it is certainly better than before. The price has been showing some traction for the last 24 hours. Therefore, the coin might be recovering. If the token breaks the $98k mark, sources suggest it can reach the $100K mark. This can trigger a strong bullish sentiment that can help BTC recover its ATH price in the coming month(s). The post Nasdaq 100, S&P 500, & SCHD Retreats But BTC Remains Strong appeared first on Coinfomania.

During a market correction, high-quality assets often go on sale, creating opportunities for long-term investors. Here are some areas to consider: 1. High-Quality Stocks Blue-chip stocks: Companies with strong balance sheets and steady cash flows (e.g., Apple, Microsoft, Johnson & Johnson). Dividend stocks: Reliable dividend payers like Procter & Gamble, Coca-Cola, or utilities for income and stability. Growth stocks at a discount: If tech or high-growth stocks correct sharply, it may be a chance to pick up strong players like Nvidia, Amazon, or Google at better valuations. 2. Sectors That Tend to Recover Well Technology: If tech stocks have dropped, it might be an opportunity to accumulate quality names. Healthcare: Defensive sector with long-term growth potential, including biotech and pharmaceuticals. Financials: Banks often benefit from rising interest rates after corrections. 3. Exchange-Traded Funds (ETFs) Broad market ETFs: Buying S&P 500 (e.g., SPY, VOO) or Nasdaq ETFs (e.g., QQQ) can be a simple way to invest in a recovery. Sector ETFs: If you believe a particular sector is oversold, sector-focused ETFs (e.g., XLK for tech, XLF for financials) can be a good bet. 4. Commodities & Inflation Hedges Gold & Silver: Traditionally act as safe havens during uncertainty. Energy stocks: If oil prices rebound, companies like ExxonMobil or Chevron could benefit. 5. Bonds & Fixed Income Treasuries or corporate bonds: If interest rates have risen sharply, bonds can offer attractive yields and diversification. Would you like more specific stock or ETF recommendations based on your risk appetite and investment goals?