Blockchain

ImmutableX price prediction for today, April 24 – IMX technical analysis?

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ImmutableX price prediction shows IMX changing hands at $2.39 as technical indicators move north.

Immutable

Our Immutable X price prediction indicates a potential rise of 30.11% over the next 5 days. Immutable X reached an all-time high on November 5, 2021, when IMX reached $14.02. IMX’s current cycle high is $2.39 and the cycle low is $2.17. Recent activity shows high volatility, with a 1-month change rate of 15.16. Over the past 30 days, Immutable X has experienced 14 days of positive growth.

ImmutableX prediction statistical data:

  • ImmutableX Price – $2.39
  • ImmutableX market cap – $3.28 billion
  • ImmutableX Circulating Supply – 1.4 billion
  • ImmutableX total supply – 2 billion
  • ImmutableX Coinmarketcap Ranking – 35th

IMX/USD Market

Main level:

Resistance levels: $3.50, $3.70, $3.90

Support levels: $1.25, $1.05, $0.85

ImmutableX price prediction for today, April 24 – IMX technical analysis?ImmutableX price prediction for today, April 24 – IMX technical analysis?
IMXUSD – daily chart

IMX/USD has been trying to recover. As of this writing, ImmutableX (IMX) price is sitting at $2.39, up 10.17%. However, IMX/USD appears to be heading towards the upper boundary of the channel. The bullish rally may continue.

ImmutableX Price Prediction: IMX Could Generate Additional Profits

ImmutableX price is yet to clear the hurdle above the moving average. Instead, the bears are trying to force their way back south. Therefore, a drop below the $2.00 support could trigger a larger decline towards the $1.25, $1.05, and $0.85 support levels. Looking at the moving averages, the 9-day MA could be making a bullish crossover above the 21-day MA, so ImmutableX could continue to follow the uptrend.

Nonetheless, if the uptrend is strong enough to allow the market to move above the upper border of the channel, the price could reach the resistance levels of $3.50, $3.70, and $3.90, respectively. Therefore, further movement above these key resistance levels should encourage more buying.

IMX/BTC is heading north

Compared to Bitcoin, ImmutableX price is moving well within the 9-day and 21-day moving averages and is reaching the resistance of 4000 SAT. Unless the price effectively breaks above this resistance and closes above it, there may be no reason to expect a long-term bullish reversal.

ImmutableX price prediction for today, April 24 – IMX technical analysis?ImmutableX price prediction for today, April 24 – IMX technical analysis?
IMXBTC – Daily Chart

However, a slide towards the lower boundary of the channel could lead to a refresh of lows below 2500 SAT and bearish continuation could see it meet key support below 2000 SAT, while buyers could push the coin towards potential resistance above 5000 SAT. .

Meanwhile, @AlienOvichO, who has over 4,000 followers on X (formerly Twitter), shared his analysis of #ImmutableX $IMX. Keeping an eye on the $1.8 support level for a potential weekly reversal, the price is poised for an upward trajectory from this point!

ImmutableX Alternative

ImmutableX price is showing positive momentum close to its 21-day moving average, suggesting a potential bullish trend. However, if the price falls below the lower limit of the channel, a bearish scenario may occur. ImmutableX (IMX) ranks 35th in the cryptocurrency market with a market capitalization of $3.28 billion, which means its growth potential is limited. Conversely, $DOGEVERSE, which raised over $10.5 million in the pre-sale phase, is attracting investor attention due to its promising growth prospects in the cryptocurrency space.

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