Main notes
- IMX is currently trading at $ 0.639 after a 12 % march.
- The distinctive symbol has been separated from a landline that has continued since February.
- A long/short percentage at 1.004 indicates a shift towards the location of the upward market.
IMX IMX original code
IMX
0.59 dollars
24 hours fluctuation:
5.2 %
The maximum market:
$ 1.08 b
Folder. 24h:
49.98 dollars
He appeared as one of the best performance for today, as about 12 % rose last day. Currently traded at $ 0.639, IMX managed to get out of a stubborn landing channel, which was crowned by its prices since February 2025.
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Alice Crypto (allege_crypto) May 2, 2025
According to Data on the series Through Santiment, the long/short/short percentage increased to 1.004, turning in favor of Longs. This indicates that the majority of the market participants put in a position of more upward trend.
Meanwhile, the positive difference between the price and the daily active addresses (DAA), currently 63.22 %, indicates that the user’s participation rises with the price.
IMX trading volume has increased by 300 % in the past 24 hours, According to CoinmarketCap. Its ceiling on the market also saw a big leap, as it climbed 11 % to touch $ 1.16 billion.
IMX renewed interest in the wider recovery trend in the encryption market appears to be slowly, especially for projects with cases of use in the real world, such as the ecosystem that focuses on games.
IMX Outlook Outlook
The IMX daily chart shows a reverse and shoulder head, with a head approaching $ 0.45 and the shoulders ranged between 0.50 – 0.52 dollars. The neckline penetrates at $ 0.60 that confirms the upscale reflection.
If Mometum holds, the pattern displays a goal ranging from 0.75 and $ 0.80, based on previous resistance from the February collapse.
Meanwhile, the relative power index is currently sitting about 64 years old with ascending gradients. This indicates an increase in bullish momentum without being in the peak area. However, if IMX RSI pushes over 70, this may lead to a short -term correction.
IMX price scheme | Source: TradingView
Polanger ranges show pressure on the upper range, a sign of a pressure purchase. If the volume continues to rise, the scope pressure may lead to stronger. However, if IMX fails to retain the upper range, traders can see a decline to the medium range (20 days SMA) near $ 0.52.
IMX price scheme | Source: Trading Offer
At the same time, MACD appears an upper intersection, with a graphic green printing. As long as this intersection carries, bulls maintain control. A daily closure above $ 0.68 can lead to the distinctive symbol about 0.75 – 0.80 dollars.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.
The post Immutable (IMX) Turns Bullish as Volume Skyrockets 300% first appeared on Investorempires.com.
