Immutable X (IMX) has seen a slight uptick of 4.14% against the US Dollar today, and a 4.58% increase against Bitcoin. However, the cryptocurrency is still trading 21.89% below predictions made earlier this month. Despite a 106.75% increase since last year, IMX has experienced a significant drop of 27.15% in the past month.

Current predictions suggest a potential 29.50% price increase for IMX in the next 5 days, reaching $2.73 by May 2, 2024. However, the overall market sentiment remains bearish, with 56% of indicators favoring a negative prediction.

The Fear & Greed index currently reads 67, indicating a state of "Greed" among investors. This could suggest an overvaluation of the market, potentially signaling a buying opportunity.

The long-term trend for IMX has been positive, with a 106.75% price change over the past year. However, the coin has been highly volatile, with a 1-month volatility rate of 15.11%.

Key support levels are at $2.01, $1.98, and $1.93, while resistance levels are at $2.09, $2.14, and $2.18. Despite the recent uptick, the overall outlook for IMX remains pessimistic due to the unpredictable nature of the cryptocurrency market.