Immutable X Price Prediction for Today, September 22 – IMX Technical Analysis
The Immutable X price prediction shows that IMX spikes to touch the resistance level of $0.77 above the moving averages.
Immutable X Prediction Statistics Data:
- Immutable X price now – $0.65
- Immutable X market cap – $765.8 million
- Immutable X circulating supply – 1.1 billion
- Immutable X total supply – 2 billion
- Immutable X Coinmarketcap ranking – #46
Resistance levels: $0.85, $0.90, $0.95
Support levels: $0.45, $0.40, $0.35
IMX/USD keeps demonstrating a strong bullish trend, surging to a fresh daily high as it approaches the resistance level of $0.80. Currently, the coin is trading at $0.65, maintaining a bullish trajectory above both the 9-day and 21-day moving averages. If the coin were to dip below these moving averages, it might invite sellers into the market, but optimistic buyers seem poised to capitalize on any price downturns.
Immutable X Price Prediction: Immutable X (IMX) Poised for Further Upside Potential
For Immutable X (IMX) to continue its upward trajectory, the recently breached $0.77 resistance level must remain intact. At present, the Relative Strength Index (14), a key technical indicator, is crossing above the 70-level, with the signal line pointing northward, indicating an encouraging sentiment among buyers. IMX may solidify its uptrend once it crosses and sustains a bullish movement above the upper boundary of the channel.
Furthermore, should the red line of the 9-day Moving Average (MA) cross above the green line of the 21-day MA, the Immutable X price could perform strongly, potentially reaching resistance levels at $0.85, $0.90, and $0.95, respectively. On the flip side, if market prices slide southward, a bearish drop might ensue, potentially pushing the coin down to support levels of $0.45, $0.40, and $0.35, respectively.
IMX/BTC Registers Uptick in Price
In comparison to Bitcoin, the Immutable X price surges above the 9-day and 21-day moving averages, reaching a daily high at 2885 SAT. However, it’s worth noting that the Relative Strength Index (14) moves to cross into the overbought region, suggesting that the coin is striving for further upward movements.
While a potential resistance level lies at 3100 SAT and above, a sustained downward movement could nullify the bullish momentum, possibly attracting new sellers to the market. In such a scenario, the focus would shift to the support level at 1700 SAT and below.
Immutable X Alternatives
Immutable X has experienced a remarkable price increase of 18.37% over the past 24 hours. In the IMX/USD pair, the bullish momentum could persist if the red line of the 9-day moving average surpasses the green line of the 21-day moving average. Meanwhile, the Relative Strength Index (14) moves into the overbought region, emphasizing the current favourability of the bullish trend.
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