IMX Price Drops 4.56% Ahead of Major Game Announcement—Will Support Hold?
- Immutable faces strong resistance at $0.6800-$0.6900, limiting short-term bullish momentum.
- RSI at 27.60 signals oversold conditions, suggesting potential for a near-term rebound.
- IMX price could surge 134.39% by Dec 2025, with forecasts targeting around $1.546471.
Immutable (IMX) is getting ready to announce its third multi-billion-dollar-backed game on February 26th.
This announcement comes as IMX is seeing a price decrease, currently trading at $0.6608 after dropping 7.21% in the last 24 hours. Investors are watching the asset’s movement closely as it nears key support and resistance levels.
IMX Price Under Pressure and Market Movement
The IMX price started the day around $0.6919 but has faced non-stop downward pressure, making lower highs and lower lows. This continuous slide points to a generally negative market mood.
However, a recent bounce from the lowest point shows there’s still some buying interest. Market watchers are trying to figure out if this is just a short-term bounce or the start of a real recovery.
Key Price Levels for IMX
IMX is testing key support levels, whic…
The post IMX Price Drops 4.56% Ahead of Major Game Announcement—Will Support Hold? appeared first on Coin Edition.
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IMX Price Drops 4.56% Ahead of Major Game Announcement—Will Support Hold?
- Immutable faces strong resistance at $0.6800-$0.6900, limiting short-term bullish momentum.
- RSI at 27.60 signals oversold conditions, suggesting potential for a near-term rebound.
- IMX price could surge 134.39% by Dec 2025, with forecasts targeting around $1.546471.
Immutable (IMX) is getting ready to announce its third multi-billion-dollar-backed game on February 26th.
This announcement comes as IMX is seeing a price decrease, currently trading at $0.6608 after dropping 7.21% in the last 24 hours. Investors are watching the asset’s movement closely as it nears key support and resistance levels.
IMX Price Under Pressure and Market Movement
The IMX price started the day around $0.6919 but has faced non-stop downward pressure, making lower highs and lower lows. This continuous slide points to a generally negative market mood.
However, a recent bounce from the lowest point shows there’s still some buying interest. Market watchers are trying to figure out if this is just a short-term bounce or the start of a real recovery.
Key Price Levels for IMX
IMX is testing key support levels, whic…
The post IMX Price Drops 4.56% Ahead of Major Game Announcement—Will Support Hold? appeared first on Coin Edition.
Read More