- Immutable IMX price prediction suggests the token’s recovery phase over the daily time frame chart.
- IMX crypto has recovered above 20, 50, 100 and 200-days Daily Moving Average.
- The pair of IMX/BTC was at 0.00003738 BTC with an intraday drop of 0.17%.
Immutable IMX price prediction showcases the upward momentum of IMX crypto and its astounding recovery over the charts. Meanwhile, IMX crypto price has recovered around 196.21% year to date suggesting its maximum recovery during 2023. Analysts also suggest the maximum recovery of Immutable IMX cryptocurrency during the year 2023.
Immutable IMX price was at $1.1336 and has gained 0.29% of its market capitalization during the day’s trading session. Trading volume has surged around 18.12% during the intraday trading session. This demonstrates that bulls are trying to maintain the recovery phase of IMX crypto over the charts. Volume to market cap ratio was at 0.05111.
Will Immutable IMX Price Reach the $1.55 Level?
Immutable IMX price prediction demonstrates the cryptocurrency’s impressive comeback over the charts and its upward trend. IMX crypto has started its recovery after gaining the support from the $1.005 primary support zone and is trying to maintain itself towards the recovery level of $1.55 after breaking out from the primary resistance level of $1.188 over the daily time frame chart.
Moreover, IMX cryptocurrency needs to maintain the current upward momentum for the crypto to surge maximum and reach the recovery level. However, sellers’ may try to raid the token in between i0ts recovery phase to pull the IMX crypto back.
IMX cryptocurrency has gained around 2.33% in a week and 15.27% in a month. Immutable IMX price has surged 110.06% in the last three months and 79.85% in the last six months. Moreover, IMX crypto has recovered around 196.21% year to date suggesting the maximum recovery of IMX crypto during 2023.
Technical indicators suggest the recovery phase of IMX crypto over the daily time frame chart. Relative strength index showcases the sustainability issue of IMX at the current level. RSI was flat at 53 and is trying to maintain above neutrality.
MACD exhibits the upward velocity of IMX cryptocurrency price. The MACD line is above the signal line after a positive crossover. Investors in Immutable IMX cryptocurrency need to wait until the IMX price surges above the primary resistance level of $1.188 to surge towards the $1.55 recovery level.
Summary
Immutable IMX price prediction showcases the upward momentum of IMX crypto and its astounding recovery over the charts. IMX crypto has started its recovery after gaining the support from the $1.005 primary support zone. IMX cryptocurrency has gained around 2.33% in a week and 15.27% in a month. Technical indicators suggest the recovery phase of IMX crypto over the daily time frame chart.
Technical Levels
Resistance Level: $1.188 and $1.55
Support Level: $1.08 and $1.00
Disclaimer-
The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2023/04/13/immutable-imx-price-prediction-will-imx-maintain-the-recovery/