Thursday, September 21, 2023
HomeImmutableXImmutable X (IMX) Up 0.84% Tuesday: What's Next?

Immutable X (IMX) Up 0.84% Tuesday: What’s Next?

Immutable X (IMX) It is relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, art, collectibles and non-fungible tokens have risen 0.84% ​​to $ 2.56.

InvestorsObserver Gives Immutable X a volatility rank of 62. Find out what this means for you and get the rest of the Immutable X rankings!

Moderately volatile

InvestorsObserver Give Immutable X a moderate volatility rank of 62 and place it in the top 38% of cryptos on the market.

The volatility gauge means that the rank represents a recent trend and is not overly affected by the sudden spike (or two) in volatility. IMX’s moderate volatility readings are combined with low risk / reward gauge readings. In other words, token price volatility is moderate and well protected from price fixing.

The unchanging X price is still in a good position. Support is about $ 2.32 and resistance is about $ 2.71. This allows Immutable X to do it before it faces selling pressure.

What is a token?

A token is a digital asset that resides in another cryptocurrency blockchain.

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