IMX is the perfect performer amongst the highest 100 cryptocurrencies by market cap immediately.
IMX may break previous the $0.50 resistance degree within the subsequent few hours.
The whole crypto market cap slowly strikes to $810 billion.
WAGMI Video games launches its NFT on Immutable X
The Immutable X staff introduced through Twitter on Monday that the WAGMI Video games Comedian E book NFT VOL. 1 is now dwell on its blockchain. The gathering accommodates 5,973 distinctive Comedian E book NFTs designed for the web3 gaming neighborhood.
A set of 5,973 distinctive Comedian E book NFTs designed for the web3 gaming neighborhood
— Immutable 🅧 – $IMX (@Immutable) December 19, 2022
Following this latest cryptocurrency news, IMX, the native coin of the Immutable X community, has rallied by 10% within the final 24 hours. Therefore, outperforming the opposite cryptocurrencies within the high 100 record.
At press time, the price of Immutable X stands at $0.457 and appears more likely to transfer previous the $0.050 resistance degree quickly. The constructive efficiency comes because the broader crypto market continues its gradual restoration.
The whole crypto market cap stands at $810 billion, up by lower than 1% within the final 24 hours. Ether has added greater than 2% to its worth and is lastly buying and selling above $1,200 once more.
Key ranges to observe
The IMX/USD 4-hour chart has turned bullish as Immutable X has been outperforming the broader cryptocurrency market over the previous few hours. The technical indicators present that IMX may rally larger quickly.
The MACD line crossed into the constructive zone a number of hours in the past, indicating that the bulls are at the moment in command of the IMX market. The 14-day RSI of 67 exhibits that IMX is heading towards the overbought area if the constructive momentum is maintained.
If the bulls stay in cost, IMX may break previous the $0.50 resistance degree in a number of hours. It may wish the assist of the broader cryptocurrency market to try the $0.584 resistance degree for the primary time in six weeks.
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