- The story’s recovery stumbles with low prices, which hints to weaken the trader’s interest.
- Story and OKX Ventures cooperate on a $ 10 million box that focuses on supporting innovation at the IP and AI intersection.
- The new fund will return to startups in the early stage to build the IP innovation infrastructure, the decentralized AI, and the IP asset category.
The story (IP) fell slightly to the exchange of hands by about $ 2.99 at the time of writing this report on Wednesday, ignoring the launch of a $ 10 million fund that focuses on supporting innovation at the intelligence intelligence intersection (AI), intellectual property (IP), and Blockchain technology, in cooperation with OKX projects.
Story and OKX Ventures worth $ 10 million financing for startups early in the stage
Story, the Blockchain network that is intentionally designed to make intellectual property, collaborates, with OKX, one of the largest cryptocurrencies in the world, to launch a $ 10 million fund designed to support innovation and growth of startups in IP and AI.
The fund, supported by one of the main contributors to the protocol, PIP LABS, will provide support for building startups in the early stages on the limits of IP innovation, decentralized artificial intelligence, and the emergence of IP as a decisive financial assets category. “
The main objective of Story was to provide real solutions to companies that trained in artificial intelligence models by ensuring the moral use of data by crediting approval and insurance. This solution is based on building a strong category of infrastructure assets of IP infrastructure, which is equivalent to both IP owners and artificial intelligence systems.
“The new fund of $ 10 million, at the price of IP, will focus from May 20, 2025, on the support of builders solving real problems at the IP and AI intersection,” said Stores Wokex Vetshers in a press statement. They added: “The story creates the infrastructure of the original internet.”
Technical expectations: The story offers emerging technical signals
Despite the calm reaction to the AI-IP starting box, the story prices show signs of resuming the upward trend over $ 3.00 in the upcoming sessions. Its current technical structure tends to ascend, and is launched by a potential purchase signal, as it was observed with the Macd Mediterranean Spacing Index (MACD) on the daily chart.
Traders should pay attention to crossing the Blue MACD line over the red signal line, which will confirm the grip, which may increase the appetite of risk. The main areas of interest in the upward trend are the 50 -day SIA moving average (EMA) at $ 3.76, which represents the resistance specified in red on the graph below and EMA for 100 days at $ 4.09.
IP/USDT Daily Chart
On the contrary, traders may consider reducing their appetite for risks, taking into account the status of the RSI index (RSI) in 39 after stopping at 43 while recovering the story from the lowest level at the end of the week of $ 2.45. Sweep Liquidity It is not possible to exclude $ 2.45, especially with the prevailing geopolitical temperature.
