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.
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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