Immutable X Price Prediction: IMX Soars 10%, But Investors Flock To This Layer-2 PEPE With Parabolic Potential
The Immutable X price pumped over 10% in the last 24 hours to trade at $1.25 as of 11:45 p.m. EST as investors increase their portfolios’ exposure to the altcoin. With this latest gain, the IMX price is also up more than 7% on the weekly time frame. Its monthly performance, however, remains in the red zone. The Immutable X Price Manages To Overcome Major Resistance 4-hour chart for IMX/USD (Source: GeckoTerminal ) The Immutable X price was able to break above the major resistance level at $1.2290 in the past 24 hours. Shortly after breaching this point, the crypto’s price started to level off. This could be due to traders realizing their profits from the recent surge in IMX. Should the Immutable X price maintain a position above $1.2290 for the next 12 hours, the altcoin could have the technical foundation needed to keep climbing in the short term. Bulls might subsequently look to push IMX up to as high as $1.3785. However, the Immutable X price closing a 4-ho...