Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Immutable X is up 3.19% today against the US Dollar
IMX/ETH increased by 2.48% today
Immutable X is currently trading 21.82% below our prediction on Dec 06, 2024
Immutable X gained 84.69% in the last month and is up 45.70% since 1 year ago
Immutable X price $ 2.05 Immutable X prediction $ 2.63 (30.13%) Sentiment Bullish Fear & Greed index 81 (Extreme Greed) Key support levels $ 1.91, $ 1.85, $ 1.79 Key resistance levels $ 2.03, $ 2.08, $ 2.15
IMX price is expected to rise by 30.13% in the next 5 days according to our Immutable X price prediction
Immutable X price today is trading at $ 2.05 after gaining 3.19% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 1.30% in the same time period. IMX performed well against BTC today and recorded a 1.38% gain against the world’s largest cryptocurrency.
According to our Immutable X price prediction, IMX is expected to reach a price of $ 2.63 by Dec 06, 2024. This would represent a 30.13% price increase for IMX in the next 5 days.
IMX Price Prediction Chart
Buy/Sell Immutable X
What has been going on with Immutable X in the last 30 days
Immutable X has been displaying a positive trend recently, as the coin gained 84.69% in the last 30-days. The medium-term trend for Immutable X has been bullish, with IMX increasing by 62.40% in the last 3 months. The long-term picture for Immutable X has been positive, as IMX is currently displaying a 45.70% 1-year price change. On this day last year, IMX was trading at $ 1.41.
Immutable X reached its all-time high price on Nov 26, 2021, when the price of IMX peaked at $ 9.46. The current IMX cycle high is $ 3.69, while the cycle low is at $ 0.379166. IMX has been displaying high volatility recently – the 1-month volatility of the coin is at 18.99. Immutable X recorded 19 green days in the last 30 days.
Immutable X technical analysis for today - Dec 02, 2024
The sentiment in the Immutable X markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 1.91, $ 1.85 and $ 1.79, while $ 2.03, $ 2.08 and $ 2.15 are the key resistance levels.
Bullish sentiment for Immutable X
27 indicators are currently signaling a bullish prediction for Immutable X, while 4 indicators are showing a bearish forecast. With 87% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Immutable X.
Crypto market is currently experiencing Extreme Greed
Currently, the Fear & Greed index is at 81 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Immutable X moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Immutable X is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 1.78 (BUY) $ 1.50 (BUY) - - MA5 $ 1.79 (BUY) $ 1.47 (BUY) - - MA10 $ 1.66 (BUY) $ 1.47 (BUY) - - MA21 $ 1.51 (BUY) $ 1.49 (BUY) -$ 4.11 (BUY) $ 1.52 (BUY) MA50 $ 1.41 (BUY) $ 1.48 (BUY) -$ 0.34 (BUY) $ 1.59 (BUY) MA100 $ 1.43 (BUY) $ 1.51 (BUY) $ 0.242057 (BUY) $ 1.22 (BUY) MA200 $ 1.65 (BUY) $ 1.63 (BUY) - -
Period Value Action RSI (14) 75.83 SELL Stoch RSI (14) 91.75 SELL Stochastic Fast (14) 93.58 SELL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 32.99 BUY Awesome Oscillator (5, 34) 0.43 NEUTRAL Momentum (10) 0.70 NEUTRAL MACD (12, 26) 0.06 NEUTRAL Williams Percent Range (14) -6.42 SELL Ultimate Oscillator (7, 14, 28) 67.67 NEUTRAL VWMA (10) 1.73 BUY Hull Moving Average (9) 1.92 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 1.54 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Immutable X is at 75.83, suggesting that IMX is currently overbought.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Immutable X over the last 50 days. Currently, Immutable X is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the IMX closing price for the last 200 days. IMX is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Immutable X prediction
After considering the above factors, we can conclude that the current forecast for Immutable X price prediction is Bullish. IMX would have to increase by 30.13% to hit our $ 2.63 target within the next five days. Moving forward, it will be important to monitor the IMX market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Immutable X price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
