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The Immutable X price prediction shows that IMX is hitting the USD 0.61 resistance level and it could rise further towards the USD 0.70 level.
Immutable X prediction stats:
- Immutable X Price Now – $0.58
- Immutable X market cap – $655.1 million
- Immutable X circulating supply – 1.1 billion
- Unchanging X total supply – 2 billion
- Immutable X Coinmarketcap Ranking – #53
IMX/USD market
Main Levels:
Resistance levels: $0.75, $0.80, $0.85
Support Levels: USD 0.40, USD 0.35, USD 0.30
IMX/USD reached the daily high of USD 0.61 today, after which the price is hovering around the USD 0.58 resistance level. Any further bullish move above the 9-day and 21-day moving averages could push the price of Immutable X towards the USD 0.70 resistance level. However, traders should be aware that a consistent price increase could bring more buyers into the market as bulls increase their holdings.
Immutable X Price Prediction: IMX/USD May Start Rising Higher
According to the daily chart, if the price of Immutable X moves above the 9-day moving average, it is likely that it will break towards the upper limit of the channel. However, the daily chart shows that if the 9-day moving average crosses the 21-day moving average, it will confirm the presence of bulls in the market. Meanwhile, if the bulls fail to push the coin upwards, the bears can take advantage and drive the market price below the lower limit of the channel.
Nevertheless, the Relative Strength Index (14) technical indicator is likely to move towards the 40 level. Meanwhile, if the price of the Immutable X moves towards the upper boundary of the channel, it might locate the resistance levels at $0.75, $0.80 and $0.85, but a shift south could push the price towards the supports at $0.40, $0.35, and $0.30.
IMX/BTC may be heading north
Relative to Bitcoin, the price of Immutable X is moving to move above its 9-day and 21-day moving averages. If the coin trades near the upper limit of the channel, crossing it could reach the resistance level of 2700 SAT and above.
On the contrary, if the sellers take the market back south, traders can expect a drop towards the channel’s lower boundary and a support level of 1800 SAT and below can be found. Meanwhile, the Relative Strength Index technical indicator (14) could move above the 40 level, indicating a bullish move for the coin.
ImmutableX Alternatives
The price of Immutable X is hovering at $0.58 with a gain of 1.32%. Meanwhile, due to the currency posting slight gains, IMX/USD could start tracking bullish movement within the channel as bulls increase pressure.
However, the Wall Street Memes pre-sale is now in its final stages, meaning it is nearing completion as $WSM prepares to launch on the major exchanges. Early-bird investors can buy $WSM for $0.0337, a price expected to be lower than the final CEX listing price as the token has raised more than $25 million to date.
Wall Street Memes – Next Big Crypto
- Early access presale now live
- Established community of stock and crypto traders
- Featured on BeInCrypto, Bitcoinist, Yahoo Finance
- Rated as the best crypto to buy right now in the meme coin sector
- Team behind OpenSea NFT Collection – Wall St Bulls
- Tweets answered by Elon Musk
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