#Gate Leads Global Growth in Futures Trading Volume [Coin World] Story [IP] Since June 11, its value has shrunk by 27%. However, in the past three days, the Token has slightly rebounded, with a rise of 12.89% alleviating recent losses. Despite the recovery, as of the time of writing, the market structure still appears clearly bearish. The fluctuation of Bitcoin [BTC] has impacted other parts of the market. Given the bearish outlook of IP, traders should watch for selling opportunities. Some analysts have highlighted the key resistance level that needs to be reclaimed as a support level before the Token establishes an upward trend. Story IP price prediction - the bear market is expected to dictate the next move.

In May, the IP bulls attempted to establish a rise trend. They were able to achieve a bullish market structure change and push the price above the moving average. However, this attempt was reversed later in the month. The losses over the past two weeks have caused the IP to fall to new lows. According to