{"id":504976,"date":"2022-10-05T11:05:45","date_gmt":"2022-10-05T11:05:45","guid":{"rendered":"https:\/\/wncen.com\/?p=504976"},"modified":"2024-06-11T13:10:38","modified_gmt":"2024-06-11T13:10:38","slug":"immutablex-breaks-out-of-downtrend-can-price-rally-to-1","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/immutablex-breaks-out-of-downtrend-can-price-rally-to-1\/","title":{"rendered":"ImmutableX Breaks Out Of Downtrend, Can Price Rally To $1?"},"content":{"rendered":"
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IMX price could be ready for a short-term relief rally as price breaks out from the downtrend, creating more bullish sentiment for a recovery.<\/span><\/strong><\/li>\n
IMX looks strong on both low and high timeframes.\u00a0<\/span><\/strong><\/li>\n
The price of IMX breaks out on the daily timeframe after forming a descending triangle.<\/span><\/strong><\/li>\n<\/ul>\n
ImmutableX (IMX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $1.3. Previous weeks for the crypto space have been slow as most altcoins, and major cryptocurrencies like Bitcoin (BTC) continued to move in a range. With so much belief in Uptober, as many would call it, has brought some relief bounces across the crypto space with ImmutableX (IMX) not left out of the train. (Data from Binance)<\/span><\/p>\n