Immutable X (IMX) has shown a mixed performance in recent trading sessions, with a 3.49% increase against the US Dollar and gains against both BTC and ETH. Despite these short-term gains, the coin remains 21.75% below its predicted price for October 23, 2024. Over the past month, IMX has risen by 12.95%, but the medium-term trend remains bearish with a 4.72% decline over the last three months.

The market sentiment for IMX is currently neutral, with the Fear & Greed index indicating greed at 73. While some technical indicators suggest a bullish outlook, the overall market conditions and historical volatility raise concerns. Investors should exercise caution, as the cryptocurrency market remains highly unpredictable.