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Home»Analysis»Immutable (imx) becomes optimistic while the volume rises over
Analysis

Immutable (imx) becomes optimistic while the volume rises over

May 3, 2025No Comments
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Immutable imx turns bullish as volume skyrockets 300.jpg
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Key notes

  • IMX is currently negotiated at $ 0.639 after a 12%net daily rally.
  • The token came out of a downward channel that has lasted since February.
  • The long / short ratio at 1.004 indicates a transition to the positioning of the Haussier market.

IMX native of the immutable IMX

IMX
$ 0.59



24h volatility:
5.2%


COURTIC CAPESSION:
$ 1.08 B



Flight. 24 hours:
$ 49.98 M

has become one of the best performers today, increasing almost 12% in the last day. By currently negotiating at $ 0.639, IMX has managed to get out of an obstinate decrease canal which has closed its price action since February 2025.

$ Imx


UPDATE#Imx Already made escape. Get a good volume here. Wait a 100% + gain in this movement ✍🏻#Imxusdt #Imxbtc #BTC #Bitcoin #Crypto pic.twitter.com/r5ixl6atmv

– Alice Crypto (@allice_crypto) May 2, 2025

According to data on the chain by health, the long / short ratio for IMX climbed to 1.004, based in favor of long. This indicates that the majority of market players are positioned for more increase.

Meanwhile, the positive divergence between the price and the daily active addresses (DAA), currently at 63.22%, also suggests that user engagement increases with the price.

The IMX trading volume has skyrocketed 300% in the past 24 hours, according to CoinmarketCap. Its market capitalization has also experienced a major leap, climbing 11% to reach $ 1.16 billion.

The renewed interest in IMX coincides with a broader recovery trend in the cryptography market, where the appetite of investors seems to come back slowly, in particular for projects with real use cases, such as the ecosystem focused on immutable games.

IMX Prix Poutlock

The daily IMX graphic shows a reverse head and shoulder pattern, with the head almost $ 0.45 and shoulders from about $ 0.50 to $ 0.52. Decolving lighting at $ 0.60 confirms the bullish reversal.

If Momentum is held, the model projects a goal from $ 0.75 to $ 0.80, depending on the previous resistance of the February break.

Meanwhile, the RSI is currently about 64 with an ascending gradient. This suggests increasing the bullish momentum without being in an exaggerated territory. However, if IMX pushes RSI above 70, it can trigger a short-term correction.

IMX price table

Imx price that | Source: tradingView

Bollinger groups show pressing prices against the upper strip, a sign of purchase pressure. If the volume continues to rise, the group’s pressure could lead to a stronger escape. However, in case IMX does not hold the upper strip, traders could see a retracement in the middle of the band (20 -day SMA) almost $ 0.52.

Imx price that | Source: Commercial view

Imx price that | Source: Commercial view

Meanwhile, MacD shows a bullish crossover, with green histogram printing bars. As long as this crossing takes place, the bulls maintain control. A daily fence greater than $ 0.68 could lead the token at $ 0.75 to $ 0.80.

following

Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

Cryptocurrency news, news

PARTH DUBEY

Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.

Parth Dubey on LinkedIn





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