IMX/USD Draws Short-Term Bullish Sentiment at $0.98

The ImmutableX price prediction shows that IMX is likely to climb above the moving averages as the price mounted up by 2.01%.

ImmutableX Prediction Statistics Data:

• ImmutableX price now – $0.97
• ImmutableX market cap – $89.8 million
• ImmutableX circulating supply – 914.1 million
• ImmutableX total supply – 2 billion
• ImmutableX Coinmarketcap ranking – #57

IMX/USD Market

Key Levels:

Resistance levels: $1.50, $1.70, $1.90

Support levels: $0.50, $0.30, $0.10

IMX/USD is currently changing hands at around $0.97 as the coin heads to the upside. Today’s trading begins with a slight uptrend in the market as the coin moves to touch the daily high of $0.98 after which it is currently trading at $0.97. However, traders are anticipating that the current price movement is an indication of the upcoming price rally in the market.

ImmutableX Price Prediction: ImmutableX Gets Ready for the Upside

According to the daily chart, the next step for the ImmutableX price is to cross above the 9-day and 21-day moving averages. Once this is done, bulls may now push the coin towards the upper boundary of the channel, which could hit the resistance levels at $1.50, $1.70, and $1.90 respectively.

However, as the technical Indicator Relative Strength Index (14) moves to cross above the 40-level, IMX/USD may move to the north, once this plays out, the buyers can manage to sustain the bullish movement toward the resistance levels of $1.00 and $1.20. Meanwhile, if the price decides to make a quick turn to the south, the support levels could be found at $0.50, $0.30, and $0.10 respectively.

Against Bitcoin, after trading bullishly above the 9-day moving average, the ImmutableX price is moving to cross above the 21-day moving average before heading toward the upper boundary of the channel. At the moment, bulls are to push the coin to the positive side as the technical Indicator Relative Strength Index (14) faces the 40-level.

In other words, if the bears drag the price below the lower boundary of the channel, IMX/BTC may fall to the support level of 2200 SAT and below. Meanwhile, if the bulls push the price above the moving averages, the continuation of the bullish movement may cause the coin to hit the resistance level of 5000 SAT and above.

ImmutableX to Alternatives

The ImmutableX price is showing positive movement as the market moves to cross above the 9-day and 21-day moving averages. Apart from this, the IMX price still needs to head toward the upper boundary of the channel and traders can expect the price to continue to rise as soon as this is done. However, the LHINU token is the core of this project and will be the tool for unlocking the vote2earn mechanics that the investors can profit from. Now, instead of sharing your opinion with your friends just for the sake of it, investing in Love Hate Inu will give you the opportunity to earn. The token has raised almost $5.5 million in the ongoing presale.

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