Immutable X Price Prediction for Today, September 18 – IMX Technical Analysis

According to the daily chart, the Immutable X price prediction breaks above the 9-day moving average as the price hits the daily high at $0.53.

Immutable X Prediction Statistics Data:

• Immutable X price now – $0.52
• Immutable X market cap – $609.3 million
• Immutable X circulating supply – 1.1 billion
• Immutable X total supply – 2 billion
• Immutable X Coinmarketcap ranking – #55

IMX/USD Market

Key Levels:

Resistance levels: $0.65, $0.70, $0.75

Support levels: $0.40, $0.35, $0.30

IMX/USD keeps enjoying an increased interest which is helping the coin to cross above the 9-day and 21-day moving averages. At the time of writing, Immutable X (IMX) is hovering at $0.52 after hitting a high of $0.53 today. Meanwhile, the Immutable X price remains above the 9-day MA and if the buyers increase the pressure, they may touch the nearest resistance level of $0.55.

Immutable X Price Prediction: IMX May Spike to the Upside

The Immutable X price is hovering above the $0.51 level as it is settling above the 9-day MA before crossing above the 21-day MA.  However, due to a strong upward movement for the coin, it could reach the resistance level of $0.55. Looking at the daily chart, the $0.50 remains to be a key support zone, and if it is broken, the sell-off may be extended toward the support levels of $0.40, $0.35, and $0.30.

At the moment, bulls are making an effort to push the coin toward the upper boundary of the channel, any further bullish movement to the north could then hit the potential resistance levels at $0.65, $0.70, and $0.75 while the technical indicator Relative Strength Index crosses above the 40-level.

IMX/BTC Begins to Move Upward

Against Bitcoin, the Immutable X price is likely to cross above the 21-day moving average. However, the market price is beginning to form a bullish trend as it has already crossed above the 9-day moving average. Meanwhile, if the bulls maintain the trends, the price could hit the resistance level at 2400 SAT and above.

On the other hand, any bearish cross below the lower boundary of the channel could bring the Immutable X price to the nearest support level at 1800 SAT, and this may reach the support level of 1600 SAT and below. Surprisingly, the technical indicator Relative Strength Index (14) moves above the 40-level, suggesting more bullish signals in the nearest term.

Alternatives to Immutable X

According to the daily chart, if the Immutable X price remains above the 9-day moving average, it is likely to break above the upper boundary of the channel. However, the daily chart reveals that if the 9-day moving average crosses above the 21-day moving average, it will confirm the presence of the bulls in the market.

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