IMPT Token Price Analysis – Bullish and Bearish Factors, Will IMPT Pump Soon?

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Will IMPT pump soon after raising $20.5 million in its presale? IMPT is now trading on Uniswap and LBank exchange. In this IMPT price prediction article, we analyze it and provide predictions about the price of the IMPT token.

Find out more of the price analysis and predictions in the video below, subscribe to his YouTube channel for more crypto updates and price analysis.

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IMPT Overview

The highly anticipated IMPT token from carbon offsetting company IMPT.io has launched on the Uniswap and on the LBank exchange. IMPT has successfully raised $20.5 million in its last presale stage, one of the best cryptocurrency presales of the year. The sustainable initiative offered by the eco-friendly token, which is based on the Ethereum (ETH) blockchain, claims to assist users in offsetting their carbon emissions through the accumulation of IMPT tokens.

IMPT Price Analysis

The price of IMPT, which is now published on Coingecko, is at $0.0195, the trading volume over the past 24 hours was $3.4 million. The volume of trade conversion to Wrapped Ethereum is from Uniswap V3. We are seeing some resistance, but also printing some higher lows and higher highs, which is a very positive indicator.

If you did purchase in at $0.01735 in conjunction with this oversold condition.  If you held the position on the relative strength index, you would still be slightly in profit, approximately 10%. It’s potential to see another impulse to the resistance trend line, leading us up to $0.024, if you were a beta sell investor, you’d be 33% in profit if you came in at $0.018.

IMPT Price Prediction

We must return to this range between $0.019 and $0.024. If we can overcome the resistance at that specific resistance level, it would be good to see a great impulse and a strong breakout. All we know is that we have this first kind of pattern that we’re looking at, that we just broke that resistance now, which is quite a good thing, so flip that back into support, but everything is just too early to really understand what’s going to happen.

We don’t even have enough historical data to make any insightful decisions. However, we will still have more information in the next days, and we should be able to predict how IMPT prices will change over the coming months and years.

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Source: https://insidebitcoins.com/news/impt-token-price-analysis-bullish-and-bearish-factors-will-impt-pump-soon