- Bullish dominance prevails in the ImmutableX market after finding support around $0.66.
- According to the current analysis, the ImmutableX market is bullish.
- Indicators show that the market is overbought, hence traders ought to be cautious.
The ImmutableX (IMX) market has been dominated by bulls in the last 24 hours, with the price moving in a narrow range between $0.6547 and $0.7207. At the time of writing, this bullish trend was still in full force, causing the IMX price to rise by 5.74% to $0.694.
The IMX market capitalization increased to $549,013,192 with a 24-hour trading volume of $38,335,863 as a result of the market’s increased interest and positive dominance. These numbers point to a bullish market bias, suggesting that IMX will be rising in the near future.
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