Wednesday, September 27, 2023
HomeImmutableXIMX Price Analysis: Immutable X looking to turn a corner

IMX Price Analysis: Immutable X looking to turn a corner

• The price of IMX / USD is currently $ 2.22, up 2.31% over the past day.

• Technical indicators suggest a positive outlook for the coin

• Trading volume has decreased by 24.87% in the last day

Short-term view: Bulls provide rest for IMX crypto

The Immutable X Today’s price is $ 2.22 USD and the 24-hour trading volume is $ 109,845,975 USD. IMX Crypto has increased by 2.31% in the last 24 hours. With the increase in transaction volume and market capitalization Invariant X Prices have shown healthy growth over the past few weeks. The ratio of volume to market capitalization is 0.2099.

IMX Cryptography is currently on the rise as it trades above 20,50 SMA. Altcoin is showing a bullish divergence as 200SMA is below 20,50SMA on the 4-chart chart, offering a bullish bulk purchase opportunity. The current $ 2.55 resistance level could serve as a price pivot point. Beyond this, it suggests a strong positive mood for the market. On the contrary, altcoin support is $ 1.7. IMX cryptography has shown very strong potential lately, and price analysis shows that altcoin continues to be bullish.

Long-term view of immutable X

RSI index Immutable X We are currently trading at 59.15. Bullish traders are seeing assets start to form higher lows and the RSI start to rise. The strong volume during this time also helps to confirm the reversal. The histogram of the MACD indicator has been bullish since the beginning of the month, and the MACD and signal lines have just entered the positive zone.

Conclusion

I’ve seen bullish rallies in the last few days IMX Cryptocurrencies crossed two resistance levels as traders made a profit on Saturday, but eventually ran out on the third hurdle. However, despite the declining trading volume, market overviews show that the bullish pattern will continue to surge in the uptrend over future trading days.

support: $ 1.7

resistance: $ 2.55- $ 2.90

Disclaimer

The views and opinions expressed by the author or the person described in this article are for informational purposes only and do not establish financial, investment, or other advice. Investing or trading crypto assets carries the risk of financial loss.

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