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Story perspectives

IP Price Soars to $10.20 Amid Bullish Trend

9/12/2025

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Story summary
  • IP price is $10.20, up from $6.40 to $12.03, with $9.00 as a key support level.
  • On-chain data shows stable supply growth and strong demand, increasing market cap from $2.4B to $3.2B.
  • The Relative Strength Index (RSI) is at 65, indicating strength without being overbought.
  • After sideways movement in August, IP broke resistance at $6.40, initiating a bullish trend in September.
  • Traders aim to maintain positions above $9.00 to sustain the bullish trend.