- The IMX coin price is currently on a strong upward trend and may hit new highs in the near future. On the other hand, we have observed 9% in the last 24 hours.
- The unchanged X technical indicator suggests a strong upward trend in the future. Meanwhile, the IMX/BTC pair has seen gains of over 8% during the intraday session.
Why invest in IMX Coin
IMX The coin’s price is currently observing a strong upward trend and may see new highs in the near future. The Immutable X Coin price is currently trading near $4.9, up more than 9%. Immutable X is Ethereum’s leading Layer 2 scaling response to his NFTs, with proof of a second layer, incredible versatility, zero gas costs, and great features for clients during the period. increase. His close relative James Ferguson, the architect of various multi-billion dollar organizations, is the frontal cortex behind this endeavour. The asset is his ERC-20 utility token, which sees strong moves. There are around 2 billion tokens on the market and it could hit new highs soon. Assets can be placed in his IMX according to his needs and critical limits.
The price of the IMX coin has seen a slip in the Cryptoverse ranking from 87th to 102nd over the past few days. Coin volumes have also seen strong moves and will soon see new highs. The ratio of assets to market capitalization suggests a solid potential profit potential in the future.
IMX Coin Price Technical Indicators Suggest Strong Rise
A weekly technical chart of the coin value suggests a strong rally in the asset price. Coming to the daily outline, the asset is trading with the intention of giving a big breakout. Immutable X’s bullish energy could see an expected stop near $9. The coin’s downtrend may notice a bounceback near $3. If the coin value shows a potential gain energy of 15-20%, you should see a solid potential gain pattern. The IMX/BTC pair could similarly see a downward pattern over the next few days
Conclusion
The IMX coin price is currently trending downward and may hit new highs in the near future. The IMX/BTC pair may also hit new highs in the future.
technical level
Major Support: $3
Major Resistance: $9
