What is behind the rise in IP’s price today? New partnerships, whale interest, and more.

IP’s price jumped by 10.53% today to 4.13 USD, driven by a new partnership announcement with Crypto.com. This collaboration includes managing a substantial number of IP tokens, which has attracted strong interest from whale investors.

While whale demand remains robust, indicators suggest possible hidden selling pressure that could impact IP’s pricing in the near future. A/D divergence indicates that caution is warranted as the asset may face challenges breaking through key support levels.

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