Join Our Telegram channel to stay up to date on breaking news coverage
The Immutable price surged 17% in the last 24 hours to trade at $0.6553 as of 12:24 a.m. EST on trading volume that skyrocketed 254% to $133 million.
The surge in the IMX price has pushed the crypto to the top of the gainers list on CoinMarketCap.
Immutable Price Breakout On The Horizon
The IMX price chart on the 3-day timeframe is currently showcasing a well-formed falling wedge pattern, a bullish reversal setup that often signals a shift from bearish to bullish momentum.
The 50 Simple Moving Average (SMA) at $0.9215 is now acting as the first major resistance, as GeckoTerminal data shows.
If the Immutable price can flip this into support, it opens the door for a run toward the 200 SMA at $1.5426, which aligns with the upper boundary of previous consolidation zones and a likely take-profit zone for many traders.
Meanwhile, the Relative Strength Index (RSI) sits at 50.94, precisely at the midpoint. This positioning signals a neutral bias but is also important contextually, a move above 50 after a falling wedge breakout is often seen as confirmation of a new bullish trend.
Continued upward movement by the RSI could validate sustained buying pressure for the price of Immutable.
The MACD (Moving Average Convergence Divergence) has recently triggered a bullish crossover, with the MACD line moving above the signal line and the histogram turning green.
IMX Price Hints At A 130% Pump
According to the IMX/USDT price analysis, the IMX price is currently poised for a breakout. If the Immutable price breaks out, the asset could surge towards the $1.56 resistance (200 SMA), which marks a 130% surge.
Conversely, if the bears take charge at this level, IMX could plunge to the $0.37 level, which is within the lower boundary of the falling wedge pattern.
Meanwhile, investors are flocking to buy a new Solana project called Solaxy (SOLX). Popular YouTube channel 99Bitcoins, with over 724K subscribers, says the crypto has the potential to soar 100X post-launch.
Solaxy Presale Racing Towards The $33 Million Mark – Next 100X Crypto?
Solaxy is an emerging cryptocurrency that has quickly gained widespread attention, raising an impressive $32.7 million in its ongoing pre-sale.
Solaxy leverages layer-2 technology to enable ultra-fast transaction speeds, scalability, and seamless performance on Solana. It effectively addresses common blockchain challenges such as network congestion, scalability limitations, and failed transactions that often challenge the Solana network.
The latest enhancements include an improved transactions per second (TPS) rate, enhanced data throughput, and optimized rollup performance, all key steps as Solaxy gears up to elevate Solana’s efficiency as its first scaling solution.
$SOLX is leading us to the future with Best Wallet!
🛸 Buy & claim tokens effortlessly.
🛸 Get real-time alerts.
🛸 Stake early, earn more.
Don’t miss your chance to join the new world. 🪐https://t.co/0bPQuEdfrT pic.twitter.com/lv5IaGLP7M
— SOLAXY (@SOLAXYTOKEN) April 29, 2025
Its ambitions don’t stop there. Built with cross-chain technology, Solaxy merges the best of Solana and Ethereum. Therefore, SOLX creates a powerful asset that stands out in the market.
Moreover, once launched, Solaxy will provide a platform where developers can build decentralized applications or launch new tokens without compromising (and possibly even improving) Solana’s layer-1 capabilities.
Investors interested in participating in the presale can visit the official Solaxy website to buy SOLX tokens for $0.001712 each using BNB, ETH, USDT, or a bank card.
Solaxy also offers holders who stake SOLX a huge annual yield of 123%.
Interested investors will want to buy SOLX before the next presale price hike in around 32 hours.
Related News:
- Circle Rebuffed $5 Billion Ripple Bid, Bloomberg Says
- VIRTUAL Soars 121%, But Investors Rush To Buy This Rival’s ICO Before It’s Too Late
- Top Cryptocurrencies to Invest in Now May 1 – Quant, Lido DAO, Optimism
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
