IP token has seen a significant turnaround, trading at 6.18 USD, following a peak of 7.4 USD. Traders need to monitor for a break above 7.5 USD to aim for 8.7 USD while being aware of potential support at 5.6 USD if buying interest weakens.
With a trading volume increase of 108%, the market shows heightened activity around the IP token. The bullish sentiment in the derivatives market indicates strong trader engagement, further influencing the token’s rally.
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