Immutable X Price Prediction for Today, May 23: IMX/USD May Cross Above $1.00 Resistance

The Immutable X price prediction could set a bullish run if the bulls can push the coin above the 9-day and 21-day moving averages.

Immutable X Prediction Statistics Data:

• Immutable X price now – $0.76
• Immutable X market cap – $701.1 million
• Immutable X circulating supply – 914.1 million
• Immutable X total supply – 2 billion
• Immutable X Coinmarketcap ranking – #64

IMX/USD Market

Key Levels:

Resistance levels: $1.25, $1.30, $1.35

Support levels: $0.25, $0.20, $0.15

IMX/USD is hovering at $0.76 with a gain of 5.49%. For the fact that the coin is recording slight gains, the Immutable X price may continue to follow a bullish movement within the channel if the coin crosses above the 9-day and 21-day moving averages. Meanwhile, traders can expect the price to rise if the bulls increase the pressure.

Immutable X Price Prediction: IMX/USD May Move Upside

The Immutable X price is on its way above the 9-day moving average at around $0.76. If the price creates a bullish movement, traders can then expect a positive movement toward the upside. Meanwhile, as the technical indicator, Relative Strength Index (14) crosses above the 40-level, crossing above the upper boundary of the channel could reach the possible resistance levels at $1.25, $1.30, and $1.35.

Moreover, if the coin creates additional gains, traders may witness more of it to reach higher levels. Meanwhile, the Immutable X price could also follow the sideways movement in the short term. On the contrary, any bearish movement toward the lower boundary of the channel could roll the coin back to the long-term support at $0.25, $0.20, and $0.15 levels.

Against Bitcoin, the Immutable X price is likely to cross above the 21-day moving average as the coin faces the 9-day moving average. With the look of things, there is a need for an increasing volume and resistance to cause an upsurge in the market.  At the moment, the Immutable X price is hovering around 2820 SAT, and traders can expect close support at 1700 SAT and below.

However, if a bullish move pushes the price above the upper boundary of the channel; traders can confirm a bull run for the coin, and the closest resistance could be located at 4000 SAT and above while the technical indicator Relative Strength Index (14) crosses above the 40-level, suggesting bullish movement.

Alternatives to ImmutableX

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