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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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Immutable X (IMX) Price Analysis: Post-Retest Rally Hints at Upside Potential Key Points: IMX price rebounds after a retest, showcasing bullish reversal. Price target: Surpassing $2.50 resistance level. Uptrend continuation could reach $4. Technical indicators (DMI, RSI) suggest potential momentum increase. Analysis: The Immutable X (IMX) price has displayed a promising post-retest rally, signaling a potential trend reversal. After a period of sideways movement, IMX experienced a significant jump, breaking above a pullback resistance trendline. Although the price struggled to hold above $2.50 initially, a recent surge suggests renewed bullish momentum. Technical factors supporting the uptrend: Bullish DMI crossover: The Directional Movement Index (DMI) shows a bullish crossover, indicating a potential shift in momentum. A rising ADX line further suggests the possibility of increased momentum. Rising RSI: The Relative Strength Index (RSI) has climbed steadily, approaching the overbought zone. This signifies strong buying pressure behind the recent price increase. Will The IMX Price Top $4? Read the full analysis here:
Immutable X (IMX) Price Analysis: Post-Retest Rally Hints at Upside Potential Key Points: IMX price rebounds after a retest, showcasing bullish reversal. Price target: Surpassing $2.50 resistance level. Uptrend continuation could reach $4. Technical indicators (DMI, RSI) suggest potential momentum increase. Analysis: The Immutable X (IMX) price has displayed a promising post-retest rally, signaling a potential trend reversal. After a period of sideways movement, IMX experienced a significant jump, breaking above a pullback resistance trendline. Although the price struggled to hold above $2.50 initially, a recent surge suggests renewed bullish momentum. Technical factors supporting the uptrend: Bullish DMI crossover: The Directional Movement Index (DMI) shows a bullish crossover, indicating a potential shift in momentum. A rising ADX line further suggests the possibility of increased momentum. Rising RSI: The Relative Strength Index (RSI) has climbed steadily, approaching the overbought zone. This signifies strong buying pressure behind the recent price increase. Will The IMX Price Top $4? Read the full analysis here:
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