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CATEGORY: imx


IMX: Bulls Pummel The Bears With A 10% Uptick This Week

Author: Christian Encila
United Kingdom
Jul 24, 2024 12:05

IMX: Bulls Pummel The Bears With A 10% Uptick This Week

Crypto gaming is making a comeback with Immutable leading the charge. This led IMX, the native token of the platform, to give strong bullish signals, giving investors and traders a substantial 10% uptick since last week.  Related Reading: Early Signs Of Breakout Solana To Explode By 900%, According To Analyst The move was supported by an increase in activity within the Immutable network itself, with more than enough game announcements since last week. Hype aside, Immutable is currently solidifying its position within the crypto gaming industry.  Major News For The Crypto Gaming Industry  Immutables platform for the crypto gaming industry has been proven effective. With an active roster of over 200+, its growth continues to attract more developers to build games on Immutable.  Immortal Rising 2 was recently announced that it will be released on Immutable, bringing more attention to the platform with Planetarium Labs CEO and Founder JC Kim stating in a recent interview hes excited to join forces with Immutable which will help them deliver cutting-edge gaming experiences, for users. We are excited to join forces with Immutable to build Immortal Rising 2. This partnership marks a significant milestone in our mission to deliver cutting-edge gaming experiences, Planetarium Labs CEO and Founder JC Kim said in a recent interview.  This move came after Immortal Rising 2s success in South Korea and the global gaming market, with over 2 million downloads and a $24 million revenue. Onboarding a hotshot of a game on Immutable will bring more than enough capital to improve its systems. Immortal Rising will hold a second closed beta test with an evaluation occurring today, July 23rd, for the CBT applicants.  Another bombshell for Immutable is from a recent blog post that was released today. According to their metrics, over 380+ games are currently in development on Immutables platform. They also boasted the platforms zero-knowledge Ethereum virtual machine (zkEVM) is one of the fastest growing chains in history with over 2.2 million active users.  This is a strong indicator that industry-wise, Immutable has a trustworthy platform for developers to use, thus giving investors and traders confidence that IMX is a worthwhile investment.  Will Your Portfolio Be Evergreen? IMXs current position is somewhat unstable and safe at the same time. The $1.458 support level has held since the later part of June, but the $1.706 resistance has also held its ground against the bulls. If the bulls have a chance of getting through $1.706, any major market action done by the top cryptocurrencies could influence the price whether for the better or for worse. Related Reading: Chainlink Inches Closer To $18 Despite Bearish Pressure Analyst However, if the bulls can break through $1.706 they will have an open road toward the ~$2 mark. Keeping this in mind, investors and traders should hold until any sign that the market slippage today is only temporary and not a prelude to worse things to come. But with the positive on-chain news it has this month, there is a chance IMX will go against the grain of a market downturn and continue its rise.  Featured image from Bloomberg, chart from TradingView

Jun 22, 2024 04:10

Immutable (IMX) Price Prediction 2024, 2025, 2026-2030

In this Immutable (IMX) price prediction 2024, 2025-2030,  we will analyze the price patterns of IMX by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.  TABLE OF CONTENTS INTRODUCTION Immutable (IMX) Current Market Status What is Immutable (IMX)? Immutable (IMX) 24H Technicals IMMUTABLE (IMX)

May 19, 2024 01:50

Immutable X Price Prediction for Today, May 18 IMX Technical Analysis

The Immutable X price prediction breaks above the 9-day and 21-day moving averages as the price touches the resistance level of $2.40. Immutable X Prediction [...]

Apr 07, 2025 03:10

Whale Activity Sparks IMX Price Drop: A Potential Prelude to Bullish Momentum

Last week, there was considerable activity by whales in the Immutable X (IMX) market that traders and investors are now observing with concern and curiosity. In just nine days, whales and large institutional investors have offloaded 26.2 million IMX tokens worth $13.72 million (11.28 million of those tokens, worth $5.952 million, were sold on Wednesday [...]

Apr 26, 2024 01:50

ImmutableX Price Prediction for Today, April 24 IMX Technical Analysis?

The ImmutableX price prediction shows that IMX is changing hands at $2.39 as the technical indicator moves to the north. Immutable X Experienced a -26.62% [...]

Mar 27, 2025 04:10

Immutable (IMX) Surges 8% as SEC Closes Investigation

Immutable (IMX) surged after the U.S. Securities and Exchange Commission (SEC) closed its investigation without filing charges. The SEC confirmed it would not pursue any enforcement action against Immutable, its ecosystem foundation, or CEO James Ferguson. This news has fueled strong buying momentum, driving IMX higher in the past 24

Jul 31, 2023 06:30

Top Crypto Gainers – IMX, CSPR, ICP, BTC20, Launchpad XYZ

Today’s global crypto market cap is $1.23 trillion, with a decline of 0.62% in the last 24 hours. Bitcoin also retraced slightly today with a [...]

Jul 28, 2023 10:15

ImmutableX Price Prediction for Today, July 27: IMX/USD Moves Near $0.75, Watch Out for the Next Move

The ImmutableX price prediction shows that IMX is changing hands at $0.72 as the technical indicator moves to the upside. ImmutableX Prediction Statistics Data: ImmutableX [...]

Apr 24, 2023 06:30

ImmutableX Price Prediction for Today, April 24: 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 [...]

Mar 07, 2023 02:50

Immutable X (IMX) price steady ahead of Illuvium: Beyond launch

Immutable X (IMX/USD) price drifted upwards ahead of a major development in its ecosystem. IMX jumped to a high of $1.11, which was the highest level since March 1 of this year. It has jumped by more than 22% from the lowest point this month. What is Illuvium: Beyond? The main catalyst for IMX prices ...

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<p>The post Immutable X (IMX) price steady ahead of Illuvium: Beyond launch first appeared on CCNC.</p>

Mar 01, 2023 01:50

ImmutableX Price Prediction for Today, February 28: IMX/USD Takes the Day as Price Aims at $1.10 Level

The ImmutableX price prediction shows that IMX is currently changing hands at $1.09 as the technical indicator swings to the upside. ImmutableX Prediction Statistics Data: [...]

ImmutableX (IMX) Soars 20% In 24 Hours – Here’s Why

Author: Saeed Ul Hassan
Estonia
Feb 15, 2023 07:10

ImmutableX (IMX) Soars 20% In 24 Hours – Here’s Why

ImmutableX (IMX) has been experiencing an impressive surge in trading activity over the last few days, as news of a highly successful NFT collection launch on its platform has attracted widespread attention from investors and NFT enthusiasts alike. Cross The Ages, a new blockchain-based trading card game, recently launched its first NFT collection on ImmutableX’s […]

Feb 12, 2023 01:50

IMX Price Prediction: IMX is Up 54% Despite SECs Notices On Crypto Exchanges, Where Next For IMX?

The crypto market is red following the SEC’s recent whipping of Kraken Exchange. However, IMX continues to show an impressive surge even after many cryptocurrencies [...]

Feb 03, 2023 06:30

ImmutableX Price Prediction: IMX Sends Bullish Signals As Bulls Eye 40% Gains

The ImmutableX price has been on a strong uptrend for the past few days, rallying more than 128% in January. The Crypto Fear and Greed [...]

Feb 02, 2023 06:35

IMX Price Prediction: IMX Rises By 18.07%, Will It Sustain The Positive Trend

In the past seven days, ImmutableX (IMX) has demonstrated impressive growth, with a price increase of 17.67% at the time of writing. This places IMX [...]

Feb 01, 2023 06:30

IMX Price prediction: IMX is Up 91%. Can Immutable X hit $1?

IMX has been surging well in January. Like many other cryptocurrencies, the token has been on a positive trend, attracting many investors and traders. IMX [...]

Jan 26, 2023 06:30

ImmutableX Price Prediction: A Double Top Pattern Puts IMX At Risk Of 43% Losses

The crypto market started the trading day on Thursday with gains. Most top-cap cryptocurrencies including, Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) and Cardano (ADA) [...]

Dec 05, 2022 01:55

Immutable X Price Prediction for Today, December 4: IMX/USD Finally Reaches $0.5 Price Level

It took Immutable X price long enough to reach the $0.5 price level. The bullish price was previously rejected at this level on November 11. [...]

Nov 11, 2022 01:50

Immutable X Prediction for Today, November 10: IMX/USD Bulls Dam The Falling Price

The buying pressure in the Immutable X market has not been as strong as it use to be after the bulls market fell from the [...]

Oct 24, 2022 01:50

Immutable X Price Prediction for Today, October 23: IMX Prepares for Bullish Move

Towards the end of September into the first two days of October, the struggle between Immutable X buyers and sellers became very intense. It was [...]

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