- \n
- ImmutableX price now – $2.39<\/li>\n
- ImmutableX market cap – $3.28 billion<\/li>\n
- ImmutableX circulating supply – 1.4 billion<\/li>\n
- ImmutableX total supply – 2.0 billion<\/li>\n
- ImmutableX Coinmarketcap ranking – #35<\/li>\n<\/ul>\n
IMX\/USD Market<\/h2>\n
Key Levels:<\/p>\n
Resistance levels: $3.50, $3.70, $3.90<\/p>\n
Support levels: $1.25, $1.05, $0.85<\/p>\n
![\"ImmutableX](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/IMXUSD_06042024.png\")
IMXUSD – Daily Chart<\/figcaption><\/figure>\n IMX\/USD has been working on its recovery. At the time of writing, the ImmutableX (IMX) price is hovering at $2.39, with 10.17% in the green. However, IMX\/USD<\/a> is seen heading toward the upper boundary of the channel; the bullish rally may continue to play out.<\/p>\n
ImmutableX Price Prediction: IMX May Create Additional Gains<\/h2>\n
The ImmutableX price is yet to clear the hurdles above the moving average. Instead, the bears are trying to force their way back toward the south. Therefore, a break below the $2.00 support level may provoke an even deeper decline toward the $1.25, $1.05, and $0.85 support levels. Looking at the moving averages, ImmutableX may continue to follow the upward trend as the 9-day MA could make a bullish cross above the 21-day MA.<\/p>\n
Nonetheless, if the bulls can gather enough strength and push the market above the upper boundary of the channel, then the price could hit the resistance levels of $3.50, $3.70, and $3.90 respectively. So, further movement above these key resistance levels should, therefore, encourage more buying.<\/p>\n
IMX\/BTC Faces the North<\/h2>\n
Against Bitcoin, the ImmutableX<\/a> price is moving well within the 9-day and 21-day moving averages in other to reach the resistance at 4000 SAT. Unless this resistance is effectively exceeded and the price ends up closing above it, there might not be any reason to expect a long-term bullish reversal.<\/p>\n
![\"ImmutableX](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/IMXBTC_06042024.png\")
IMXBTC – Daily Chart<\/figcaption><\/figure>\n However, sliding toward the lower boundary of the channel could refresh lows under 2500 SAT, and a possible bearish continuation may likely meet the major support at 2000 SAT and below, while the buyers may push the coin to the potential resistance at 5000 SAT and above.<\/p>\n
Meanwhile, @AlienOvichO, with a following of over 4k on X (formerly Twitter), shared analysis on #ImmutableX $IMX. Noting a support level at $1.8 for a potential weekly reversal, the price is poised for an upward trajectory from this point onward!<\/p>\n
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#ImmutableX<\/a> $IMX<\/a> Found support around $1.8 for a weekly reversal and price will be looking for the next leg higher from here !! pic.twitter.com\/Q27Ls5PpqN<\/a><\/p>\n
— AlienOvichO (@AlienOvichO) April 22, 2024<\/a><\/p><\/blockquote>\n