ImmutableX Price Prediction 2023-2030: Will IMX Price Hit $1 Soon?

  • Bullish IMX price prediction ranges from $0.9567 – $1.16.
  • IMX price might also reach $1.5 this 2023.
  • IMX’s bearish market price prediction for 2023 is $0.405.

With the aim of revolutionizing the gaming industry, Immutable hopes to provide simple Web3 solutions, while providing enhanced speed, scale, and flexibility. Moreover, Immutable mentioned that they are “designed for games” by providing various features equipped to meet the different demands of games.

Furthermore, Immutable X is a scaling solution for Non-Fungible Tokens (NFTs), that seeks to enable very instantaneous, low-fee transactions, powered by the Ethereum token known as IMX. Staking on Immutable X, voting on the protocol’s future, and paying transaction fees can all be done with IMX.

If you are interested in the future of ImmutableX (IMX) and would want to know the price analysis and price prediction of IMX for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.

ImmutableX (IMX) Market Overview

🪙 NameImmutableX
💱 Symbolimx
🏅 Rank#66
💲 Price$0.719724
📊 Price Change (1h)-0.0966 %
📊 Price Change (24h)-7.21469 %
📊 Price Change (7d)-3.07625 %
💵 Market Cap$718668880
📈 All Time High$9.52
📉 All Time Low$0.378055
💸 Circulating Supply998882826.87 imx
💰 Total Supply2000000000 imx

What is ImmutableX (IMX)?

Immutable X claims that its blockchain overcomes Ethereum’s disadvantages, such as limited scalability, a bad user experience, illiquidity, and a sluggish development experience. Instead, users enjoy fast trading and vast scalability, as well as 0% gas expenses for minting and trading NFTs, without jeopardizing user or asset security. Immutable X is constructed using the STARK zk-rollups to do this, a technique that Vitalik Buterin believes Ethereum is “all-in.”

Users will be able to produce and distribute assets like ERC-20 and ERC-721 tokens on a large scale thanks to this technology. Chris Clay, the game Director of Gods Unchained, a project already built on Immutable X, remarked that Immutable X allows allowed Gods Unchained to develop a previously inconceivable meta-system. In this way, Immutable X aspires to provide a world-class experience for both consumers and developers.

Immutable X has the advantage of being one of the first layer-two systems to use zk-rollups and focus solely on NFTs. With zk-rollups becoming more popular as a scaling option, the project is at the forefront of development in the Ethereum ecosystem.

Immutable X has a decent possibility of becoming the default “NFT blockchain” in the future, assuming it can meet its claimed transaction speed of more than 9,000 tps. The API abstraction layer is a critical component in delivering on this promise.

Every NFT-related interaction, including minting, trading, and transferring, is now a simple API call on Immutable X, thanks to REST APIs. This, according to the business, will be a significant component in drawing new participants, such as major gaming and content companies in the field.

Customers would also not have to switch networks while syncing their wallets. The protocol also contains a “Link” intermediary layer, which enables Immutable X to support a third-party marketplace environment while avoiding security concerns.

Immutable X’s shared global order book, which promotes protocol liquidity, allows NFT markets to be built without a backend. As a consequence, third-party marketplace solutions can coexist with the protocol’s main marketplace. The protocol also hopes that by including this option, it will lower the barriers to entry for content suppliers and smaller developers.

Immutable X is a layer-2 blockchain with no gas fees and the ability for operators to determine their own trade fees. In contrast to previous Ethereum scaling solutions, a 51% assault on Immutable X is impossible since it is not a centralized side chain and benefits from inheriting the Ethereum blockchain’s fundamental security. Immutable X employs zk-rollups, which means that they transact assets on the second-layer blockchain, while they maintained transaction validity evidence on the layer-one blockchain, in this instance Ethereum. Immutable X employs STARK proofs because, unlike SNARKs, they are post-quantum secure and, despite their higher cost, provide stronger user security.

Immutable X picked Ethereum as its first-layer solution because it best represents the notion of trustless, decentralized asset ownership, according to the team. According to the company, Ethereum has always emphasized centralization above short-term scalability enhancements, despite experiencing significant gas cost spikes and network congestion, and so remains the primary blockchain for NFT projects to develop atop.

Analysts Views on ImmutableX (IMX)

A cryptocurrency analyst on Twitter, Ahmed tweeted that IMX price has a chance of reaching to $0.4550 in the ascending channel.

Another analyst with over 1million followers on Twitter, Lark Davis tweeted that his portfolio for bull market includes ImmutableX (IMX). 

A crypto and Defi educator, the Breadmaker also tweeted that he has a long position opening for IMX. 

ImmutableX (IMX) Current Market Status

After its recent launch, IMX already ranked in the 64 position based on its market capitalization, according to CoinMarketCap. The current circulating supply of Immutable’s native token is at 914,163,546 IMX, while its total supply is 2,000,000,000. 

Moreover, IMX is priced at $0.7511, experiencing a 0.04% rise in seven days. With a market cap of $686,594,003, IMX is also experiencing a 0.93% fall in 24 hours. It was observed that IMX continues to have a huge demand and continues to be in the traders’ spotlight as the trading volume, valued at $24,402,458, experienced a surge of 34.86% in one day, indicating that investors’ demand for this token is gradually rising.

Some of the crypto exchanges for trading IMX are currently Binance, OKX, Kraken, KuCoin, Coinbase, and Bitrue. However, traders should note that over time IMX could be available across many other top crypto exchanges.

Now, let’s dive further and discuss the price analysis of Immutable’s native token, IMX, for 2023.

ImmutableX (IMX) Price Analysis 2023

Will IMX’s most recent improvements, additions, and modifications help the price of cryptocurrencies rise? Moreover, would the changes in the blockchain industry affect IMX’s sentiment over time? Read more to find out about IMX’s 2023 price analysis.

ImmutableX (IMX) Price Analysis – Bollinger Bands

The Bollinger Bands is a technical analysis tool that is used to analyze price movement and volatility. Bollinger Bands (BB) utilizes the time period and the stand deviation of the price. Normally, the default value of BB’s period is set at 20. The upper band of the BB is calculated by adding 2 times the standard deviations to the Simple Moving Average (SMA), while the lower band is calculated by subtracting 2 times the standard deviation from the SMA. Based on the empirical law of standard deviation, 95% of the data sets will fall within the two standard deviations of the mean. 

IMX/USDT 1-Day Chart Showing Bollinger Bands (Source: TradingView)

Recently, IMX observed high volatility in its market as the bands expanded. Whenever the bands expanded, the candlesticks experienced a trend reversal. This could be observed after 2023 when the bands expanded and the candlesticks fell into the bottom half of the Bollinger Bands. Currently, the gap between the bands is reducing indicating that the Bollinger Bands may observe a squeeze which could create an opportunity for a breakthrough. However, it would take a few days before finalizing whether the breakthrough would be bullish or bearish.

ImmutableX (IMX) Price Analysis – Relative Strength Index (RSI)

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region. Traders often use this tool to make decisions about when to buy or sell the tokens. When the RSI is often valued below or at 30, it is considered an oversold region, and a price correction could happen soon. Moreover, when the RSI is valued above or at 70, it is regarded as the overbought region, and traders expect the price could fall soon.

IMX/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)

The RSI is valued at 39.12, which is considered a weak trend by most traders. Moreover, the RSI is pointed downwards even though it is above the SMA. RSI’s downward trend could reach the candlesticks into the oversold region. However, there is a slight chance that the weak trend’s border could become a support for the RSI and it could bounce away from the Support region. The RSI could also reverse its downward trajectory, which would drive the prices upwards. 

ImmutableX (IMX) Price Analysis – Moving Averages

IMX/USDT 1-Day Chart Showing Moving Averages (Source: TradingView)

Looking at the charts, the candlesticks are currently testing the 200MA. Earlier, IMX was trading in the consolidation area, however, recently, it fell below the 200MA. IMX trading in the 200MA is considered a long-term bearish signal. Moreover, the gaps between the 50MA and the 200MA are reducing, indicating that a death cross could be formed. If the death cross forms where the 50MA goes below the 200MA, then, there is a high possibility that IMX would witness a bearish sentiment.

ImmutableX (IMX) Price Analysis – Moving Average Convergence Divergence (MACD)

The Moving Average Convergence Divergence (MACD) indicator can be used to identify potential price trends, momentums, and reversals in markets. MACD will simplify the reading of a moving average cross easier. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA. Normally, the default values for the MACD are set at 12-day EMA, 26-day EMA, and 9-day EMA. Moreover, MACD is considered a lagging indicator as it cannot provide trade signals without any past price data. MACD plays an important role as it can confirm the trends and identify potential reversals.

IMX/USDT 1-Day Chart Showing MACD (Source: TradingView)

Earlier, the MACD witnessed a bearish cross, which predicted IMX’s fall. However, recently, MACD experienced a bullish crossover. Currently, the MACD line is above the signal line, so IMX could experience a bullish trend. If the gap between the MACD and the signal line continues to increase, then, IMX could experience a bullish period for some time. However, if the MACD falls below the signal line, then, IMX’s short-term surge would increase. 

ImmutableX (IMX) Price Prediction 2023- 2030 Overview

YearMinimum PriceAverage PriceMaximum Price
2023$0.405$0.775$1.16
2024$1.086$1.13$1.46
2025$1.37$1.54$1.78
2026$1.62$1.63$2.16
2027$2.17$2.30$2.91
2028$2.95$3.17$3.69
2029$3.73$4.38$4.47
2030$4.52$4.89$5.25
2040$8$14$19
2050$26$32$35

ImmutableX (IMX) Price Prediction 2023

IMX/USDT 1-Day Chart (Source: TradingView)

Looking at the charts, the candlesticks are currently testing the 200MA. If IMX’s candlesticks continue to reduce, then, there is a high possibility that it would experience a long-term bearish trend. Moreover, the MACD is showing signs of a bullish trend as it is above the signal line. The ADX is valued at 30.56, indicating that IMX’s trend strength is strong. There is a high possibility that IMX could breakthrough the 200MA, signaling a long-term bullish signal.  

Meanwhile, the price prediction of IMX for 2023 remains to be bullish and is expected to reach beyond the level of $1.16. The bearish price prediction range for IMX is between $0.405 to $0.559. However, if IMX experiences extreme bullish sentiment, then it would reach the $1.5 level.

Bullish Price PredictionBearish Price Prediction
$0.9567 – $1.16$0.405 – $0.559

IMX Price Prediction 2023 – Resistance and Support

IMX/USDT 1-Day Chart (Source: TradingView)

Looking at the charts, IMX faced a fall initially, as it trades below the $1 level. However, IMX started its climb toward the top as it is trading in between Resistance 1 and Support. If IMX experiences a bullish sentiment, it could reach the Resistance 1 level at $1.49. It is also expected that once IMX crosses Resistance 1, then, it would start crossing beyond the Resistance levels. However, IMX could also fall to the Support region, when it experiences a bearish trend.

MonthMinimum PriceAverage PriceMaximum Price
June 20230.65680.70800.7303
July 20230.69100.72310.8054
August 20230.72760.81060.8829
September 20230.77600.85900.9213
October 20230.83900.89900.9690
November 20230.87430.94121.0359
December 20230.89450.96031.1660

ImmutableX (IMX) Price Prediction 2024

ImmutableX (IMX) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $1.32, making it not plummet but play consistently. 

MonthMinimum PriceAverage PriceMaximum Price
January 20241.08611.09731.1196
February 20241.02031.11241.1947
March 20241.11691.13991.1922
April 20241.16531.17831.1806
May 20241.16991.20891.2698
June 20241.19541.23681.2971
July 20241.22091.26481.3244
August 20241.246411.29281.3517
September 20241.27181.32071.3790
October 20241.29731.34871.4063
November 20241.32281.3766994171.4336
December 20241.34831.40461.4609

ImmutableX (IMX) Price Prediction 2025

ImmutableX (IMX) prices might grow past $1.53 during the next two years. Furthermore, hitting this level might not be so tough for IMX due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IMX has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20251.37381.43261.4882
February 20251.39921.46051.5154
March 20251.42471.48851.5427
April 20251.45021.51651.5700
May 20251.47571.54441.5973
June 20251.50121.57241.6246
July 20251.52661.60041.6519
August 20251.55211.62831.6792
September 20251.57761.65631.7065
October 20251.60311.68421.7333
November 20251.62861.71221.7614
December 20251.65411.74021.7884

ImmutableX (IMX) Price Prediction 2026

IMX, meanwhile, appears to have reached its low right now. Since it cannot break the present low zone, our long-term IMX price projection for 2023 is optimistic. If IMX is unable to overcome its present support and bottom, IMX bulls will likely take control of the situation and drive up the price of IMX until it reaches $2.16.

MonthMinimum PriceAverage PriceMaximum Price
January 20261.62391.70431.7762
February 20261.57611.64821.8051
March 20261.59901.63151.8415
April 20261.60931.68051.7428
May 20261.72981.75901.8413
June 20261.75741.84041.8927
July 20261.83351.88651.8888
August 20261.89241.92492.1549
September 20261.91971.98092.0032
October 20261.93982.03192.1142
November 20261.96712.07942.1317
December 20262.14482.15782.1601

ImmutableX (IMX) Price Prediction 2027

IMX appears to have hit bottom right now, in the meanwhile. Since the price of the IMX cannot break the present low zone, our long-term projection for 2023 is optimistic. We may anticipate IMX bulls to rule the roost and lift the price of IMX to hit $2.92 if it is unable to break through its existing support and bottom.

MonthMinimum PriceAverage PriceMaximum Price
January 20272.17922.17922.1815
February 20272.23852.25152.2538
March 20272.27702.30952.5395
April 20272.38732.39852.4208
May 20272.46782.47702.5593
June 20272.53542.55842.6107
July 20272.59152.60452.6068
August 20272.65042.68292.9129
September 20272.72772.73892.7612
October 20272.69782.78992.8722
November 20272.81442.83742.8897
December 20272.90282.91582.9181

ImmutableX (IMX) Price Prediction 2028

ImmutableX (IMX) prices might grow past $3.69 during the next six years. Furthermore, hitting this level might not be so tough for IMX due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IMX has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20282.95642.95642.9587
February 20283.01573.02873.0310
March 20283.05423.08673.3167
April 20283.16453.17573.1980
May 20283.24503.25423.3365
June 20283.31263.33563.3879
July 20283.36873.38173.3840
August 20283.42763.46013.6901
September 20283.50493.51613.5384
October 20283.47503.56713.6494
November 20283.59163.61463.6669
December 20283.68003.69303.6953

ImmutableX (IMX) Price Prediction 2029

ImmutableX (IMX) prices might grow past $4.46 during the next seven years. Furthermore, hitting this level might not be so tough for IMX due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IMX has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20293.73153.73153.7338
February 20293.79083.80383.8061
March 20293.82933.86184.0918
April 20293.93963.95083.9731
May 20294.02014.02934.1116
June 20294.08774.11074.1630
July 20294.14384.15684.1591
August 20294.20274.23524.4652
September 20294.28004.29124.3135
October 20294.25014.34224.4245
November 20294.36674.38974.4420
December 20294.45514.46814.4704

ImmutableX (IMX) Price Prediction 2030

ImmutableX (IMX) prices might grow past $5.2566 during the next eight years. Furthermore, hitting this level might not be so tough for IMX due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IMX has a strong chance of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20304.52004.52004.5223
February 20304.57934.59234.5946
March 20304.61784.65034.8803
April 20304.72814.73934.7616
May 20304.80864.81784.9001
June 20304.87624.89924.9515
July 20304.93234.94534.9476
August 20304.99125.02375.2537
September 20305.06855.07975.1020
October 20305.03865.13075.2130
November 20305.15525.17825.2305
December 20305.24365.25665.2589

ImmutableX (IMX) Price Prediction 2040

According to our long-term IMX price estimate, IMX prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $14 by 2040. If the market turns bullish, the price of IMX could go up beyond what we predicted for 2040.

Minimum PriceAverage PriceMaximum Price
$8$14$19

ImmutableX (IMX) Price Prediction 2050

According to our IMX forecast, the average price of IMX in 2050 might be above $32. If more investors are drawn to IMX between these years, the price of IMX in 2050 could be far higher than our projection.

Minimum PriceAverage PriceMaximum Price
$26$32$35

Conclusion

As said above, ImmutableX (IMX) might reach above $0.8 in 2023 and $5.23 by 2030 if investors have decided that IMX is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is ImmutableX (IMX)?

Immutable X claims that its blockchain overcomes Ethereum’s disadvantages, such as limited scalability, a bad user experience, illiquidity, and a sluggish development experience. Instead, users enjoy fast trading and vast scalability, as well as 0% gas expenses for minting and trading NFTs, without jeopardizing user or asset security. Immutable X is constructed using the STARK zk-rollups to do this, a technique that Vitalik Buterin believes Ethereum is “all-in.”

How to buy ImmutableX Token?

Like other cryptocurrencies, ImmutableX (IMX) can be traded in cryptocurrency exchanges like Binance, OKX, Huobi Global, Bybit, Bitget, and others.

Is IMX a good investment in 2023?

IMX is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that IMX is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.

Can IMX reach $1 soon?

There aren’t many crypto assets still appreciating, but IMX is among the ones rising in value. As long as this bullish trend continues, IMX might break through $0.8 and reach as high as $1. Of course, if the current market favoring crypto continues, it will likely happen.

Will ImmutableX surpass its present ATH?

ImmutableX has a low possibility of surpassing its present all-time high (ATH) price of $4.46 in 2029.

What is the lowest price of ImmutableX (IMX)?

There is no data.

Who is the founder of ImmutableX?

Robbie Ferguson founded ImmutableX.

What is the maximum supply of ImmutableX (IMX)?

The maximum supply of ImmutableX is 2,000,000,000 IMX.

How do I store IMX?

IMX can be stored in a cold wallet, a hot wallet, or an exchange wallet.

When was ImmutableX (IMX) launched?

It was launched in 2018.

What will be the ImmutableX (IMX) price by 2023?

ImmutableX (IMX) price is expected to reach $1.16 by 2023.

What will be the ImmutableX (IMX) price by 2024?

ImmutableX (IMX) price is expected to reach $1.46 by 2024.

What will be the ImmutableX (IMX) price by 2025?

ImmutableX (IMX) price is expected to reach $1.78 by 2025.

What will be the ImmutableX (IMX) price by 2026?

ImmutableX (IMX) price is expected to reach $2.15 by 2026.

What will be the ImmutableX (IMX) price by 2027?

ImmutableX (IMX) price is expected to reach $2.91 by 2027.

What will be the ImmutableX (IMX) price by 2028?

ImmutableX (IMX) price is expected to reach $3.69 by 2028.

What will be the ImmutableX (IMX) price by 2029?

ImmutableX (IMX) price is expected to reach $4.46 by 2029.

What will be the ImmutableX (IMX) price by 2030?

ImmutableX (IMX) price is expected to reach $5.2566 by 2030.

What will be the ImmutableX (IMX) price by 2040?

ImmutableX (IMX) price is expected to reach $14 by 2040.

What will be the ImmutableX (IMX) price by 2050?

ImmutableX (IMX) price is expected to reach $32 by 2050.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.


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