TL;DR IMX pumped by double digits, possibly fueled by hype around Immutable’s participation at TOKEN2049 in 1 see room for a rally above $1 if support holds, but with RSI exceeding 70, the token may first face a short-term 2 Crypto’s Elite The past 24 hours have not been very dramatic for the crypto market, with most leading digital assets registering little to no price movements. However, Immutable (IMX) has defied the overall consolidation, charting a 12% price increase, briefly surging to $0.75, or the highest point since May this 3 the following hours, it slightly retraced to the current $0.70 (per CoinGecko’s data). IMX Price,), Lando Norris (F1 driver), Arthur Hayes (co-founder of BitMEX), Richard Teng (CEO of Binance), and 4 Gains Ahead or Incoming Correction?
Multiple analysts believe IMX’s price has much more room for 5 X user CryptoBull_360 expects a “further bullish wave” beyond $1 should the valuation consolidate above the $0.65 6 (Gem Hunter) shared a similar thesis, envisioning a surge to $1 in the following weeks. $imx is inevitable Already 30% up from the signal. 1$ in the next couple of weeks. $avax next 0 7 — CryptoDoc (Gem Hunter) (@cryptodoc_) September 16, 2025 However, IMX’s Relative Strength Index (RSI) has recently entered bearish territory at over 8 technical analysis tool measures the speed and magnitude of recent price changes and indicates whether the asset is overbought or 9 above 70 signal that a pullback might be knocking on the door, while anything below 30 is usually seen as a buying opportunity.
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