Immutable Price Prediction: 2024, 2025, 2030
Immutable’s price at the same time last week was $1.24. It has moved by 19.30 % in the past week and is currently at $1.38. Infact, in the past 24 hours, IMX has pumped by 6.94 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and IMX could hit $2.13 in 2025.
The total circulating supply of Immutable as of writing this article was $1670248659.39 and the marketcap of IMX remains at $2,301,013,216. Immutable price in the longer term is expected to reach a high of $9.60 in 2035.
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
IMX price prediction: Key highlights
1. Primary support and resistance levels
- The price level of around $4.2 can likely be the highest resistance on the weekly chart.
- Meanwhile, $0.5 marked the lowest support for the price.
2. Market sentiment
- The market has been observed to be slightly bearish on IMX in May 2024.
3. Predictive forecasts
- Our AI/ML predictive algorithms project IMX to trade at an average price close to $140 in 2029 and $9,200 by 2035.
Given below is an extensive weekly technical analysis of IMX, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
IMX technical analysis: Increased supply pushes investors to sell
The IMX market revealed a dynamic interplay between bullish and bearish forces. Between May 2023 and May 2024, the price experienced significant fluctuations, providing the groundwork for Immutable price prediction for 2024.
Beginning the period under bearish clutches, the price experienced a continuous descent. This downtrend was finally halted at $0.5 in September, effectively turning this level into the lowest price floor.
After stabilizing at this level for over a month, the bulls rallied. The improvement in the broader market was a major trigger for this uptrend. The emergence of back-to-back bullish candles pushed the price above the $1.3 mark in late November, turning it into a support.
In early December, the token garnered massive hype as investment manager VanEck projected that it could ascend into the top 25 cryptocurrencies by market capitalization. This optimism was largely fueled by the anticipated release of high-profile video games, such as Illuvium (ILV), Guild of Guardians (GOG), and other high-budget games. These were expected to drive demand and adoption of the token.
This attention pushed the token to test the upper resistance at $2.5. Nonetheless, a correction materialized due to the asset being overbought. The bulls managed to stave off selling pressure by holding the price at the support of $1.8 in early 2024.
February brought a resurgence of optimism as the price resumed its ascent, flying past the $2.5 mark. By mid-month, the token was testing its peak resistance over the analyzed time frame at $3.4.
March saw the bull run lose momentum as the trend reversed. This was indicative of another correction. Yet, this time, the bulls could not keep their footing on immediate support. A significant drop in April pushed the price back to $1.8. As the analysis concluded, the altcoin exchanged hands at $2.0.
This downturn could be attributed to the series of token unlocks in 2024. As of May 2024, Immutable has already unlocked more than 73.39% of all previously locked tokens. Data from TokenUnlocks highlighted that this was valued at $1.47 million.
The pace of these unlocks is set to increase, further expanding the supply of IMX in the market. Notably, the next unlock is scheduled for May 17, involving an additional 25.53 million tokens. It could potentially exert downward pressure on the token's price, comprising the current support.
This can likely trigger the continuation of a strong bearish trend, which could push IMX as low as $1.3. However, if the market manages to absorb the supply, IMX could witness another rally. Reclaiming $2.5 can pave the way for the asset to retest its peak chart resistance.
In an optimistic scenario, the price can reach $5.0 in 2024. However, this would require overcoming substantial pushback around $4.2.
Our predictive models forecast significant growth for the IMX token, projecting an average trading price of around $140 by 2029. Looking ahead, the models anticipate a substantial increase to approximately $9,200 by 2035, highlighting a long-term bullish outlook for the token.
IMX's 2024 roadmap: Key indicators to watch and trade
- The 20 and 50-week Exponential Moving Averages (EMAs) primarily acted as resistance levels until Q4 2023. As the uptrend progressed, a golden cross formed in late November.
- In April, a price drop caused the candlesticks to fall below the 20 EMA and move closer to the 50 EMA. This reflected the waning of bullish strength.
- The Relative Strength Index (RSI) crossed its neutral threshold in late October. The bullish ascent pushed the indicator into overbought territory the following month.
- After a brief dip in early 2024, the RSI once again entered this region in late January, but it experienced a drop by March. The descent continued, turning the indicator bearish by April. At the time of writing, the RSI stood at 47.54.
- The trading volume surged during the late 2023 rally. However, following a price rejection at $2.5, the volume diminished. Even as the price appreciated subsequently, the trading volume did not recover significantly. This pointed to a lack of investor interest.
Immutable Price Prediction
Immutable has had an eventful 2023. To simplify the latest IMX price prediction, we have divided up the prediction by short term Immutable price prediction and long term Immutable price prediction. As of writing this article, IMX had a trading volume of 147,471,152. Immutable has gone down by -8.12% in the past 30 days.
According to our analysis in the short term, Immutable price prediction for January 2025 shows the average price of IMX at 1.49 and the highest possible price for January 2025 would be $1.59.
Further, according to our analysis in the long term, Immutable price prediction for May 2025 shows the average price of IMX at 1.58 and the highest possible price for May 2025 would be $1.69.
Immutable's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
22 November 2024 | $1.33 | $1.23 | $1.42 |
23 November 2024 | $1.33 | $1.24 | $1.42 |
24 November 2024 | $1.34 | $1.24 | $1.43 |
25 November 2024 | $1.34 | $1.25 | $1.44 |
30 November 2024 | $1.37 | $1.27 | $1.47 |
5 December 2024 | $1.40 | $1.30 | $1.50 |
15 December 2024 | $1.46 | $1.35 | $1.56 |
Immutable price prediction 22 November 2024: Immutable's price for 22 November 2024 according to our analysis should range between $1.23 to $1.42 and the average price of IMX should be around $1.33.
Immutable price prediction 23 November 2024: Immutable's price for 23 November 2024 according to our analysis should range between $1.24 to $1.42 and the average price of IMX should be around $1.33.
Immutable price prediction 24 November 2024: Immutable's price for 24 November 2024 according to our analysis should range between $1.24 to $1.43 and the average price of IMX should be around $1.34.
Immutable price prediction 25 November 2024: Immutable's price for 25 November 2024 according to our analysis should range between $1.25 to $1.44 and the average price of IMX should be around $1.34.
Immutable price prediction 30 November 2024: Immutable's price for 30 November 2024 according to our analysis should range between $1.27 to $1.47 and the average price of IMX should be around $1.37.
Immutable price prediction 5 December 2024: Immutable's price for 5 December 2024 according to our analysis should range between $1.30 to $1.50 and the average price of IMX should be around $1.40.
Immutable price prediction 15 December 2024: Immutable's price for 15 December 2024 according to our analysis should range between $1.35 to $1.56 and the average price of IMX should be around $1.46.
Immutable's Long Term Price Prediction
Immutable’s long term Price Prediction below is a look at IMX’s future prospect with regards to price. Immutable was last seen at $1.38, with a market cap of $2,301,013,216 and trading volumes of $147,471,152. IMX’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2024 | $1.49 | $1.19 | $1.78 |
2025 | $1.77 | $1.42 | $2.13 |
2026 | $2.11 | $1.68 | $2.53 |
2027 | $2.30 | $1.84 | $2.77 |
2028 | $2.60 | $2.08 | $3.12 |
2029 | $3.51 | $2.81 | $4.22 |
2030 | $3.68 | $2.95 | $4.42 |
2031 | $4.04 | $3.23 | $4.84 |
2032 | $4.42 | $3.54 | $5.31 |
2033 | $5.72 | $4.58 | $6.87 |
2034 | $5.11 | $4.09 | $6.13 |
2035 | $8.00 | $6.40 | $9.60 |
Immutable price prediction 2024: Immutable's price for 2024 according to our analysis should range between $1.19 to $1.78 and the average price of IMX should be around $1.49.
Immutable price prediction 2025: Immutable's price for 2025 according to our analysis should range between $1.42 to $2.13 and the average price of IMX should be around $1.77.
Immutable price prediction 2026: Immutable's price for 2026 according to our analysis should range between $1.68 to $2.53 and the average price of IMX should be around $2.11.
Immutable price prediction 2027: Immutable's price for 2027 according to our analysis should range between $1.84 to $2.77 and the average price of IMX should be around $2.30.
Immutable price prediction 2028: Immutable's price for 2028 according to our analysis should range between $2.08 to $3.12 and the average price of IMX should be around $2.60.
Immutable price prediction 2029: Immutable's price for 2029 according to our analysis should range between $2.81 to $4.22 and the average price of IMX should be around $3.51.
Immutable price prediction 2030: Immutable's price for 2030 according to our analysis should range between $2.95 to $4.42 and the average price of IMX should be around $3.68.
Immutable price prediction 2031: Immutable's price for 2031 according to our analysis should range between $3.23 to $4.84 and the average price of IMX should be around $4.04.
Immutable price prediction 2032: Immutable's price for 2032 according to our analysis should range between $3.54 to $5.31 and the average price of IMX should be around $4.42.
Immutable price prediction 2033: Immutable's price for 2033 according to our analysis should range between $4.58 to $6.87 and the average price of IMX should be around $5.72.
Immutable price prediction 2034: Immutable's price for 2034 according to our analysis should range between $4.09 to $6.13 and the average price of IMX should be around $5.11.
Immutable price prediction 2035: Immutable's price for 2035 according to our analysis should range between $6.40 to $9.60 and the average price of IMX should be around $8.00.
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FAQs about Immutable
Immutable’s current price is $1.38 and witnessed a 6.94% increase in the past 24 hours. IMX/BTC pair saw a 3.13% increase in the past 24 hours
Investing in Immutable, IMX will purely depend on your personal risk appetite. As you can see over the past 24 hours Immutable’s price has witnessed a 6.94% increase and over the past 30 days Immutable has decrease by -8.12%. So it all depends on if this investment will hit your trading goals.
According to our latest Immutable Price prediction for 2024, IMX should vary between $1.78 and $1.19. Please keep in mind that the crypto market is very volatile and this Immutable price prediction does not account for extreme wild swings in price.
As per the Immutable price prediction 2024 model above, IMX’s price for November 2024 should range between $1.19 to $1.78 with the average price for November being $1.49
According to the Immutable Price Prediction model above, IMX’s price in 2025 would be $1.77. This price would however would range from $2.13 and $1.42.
According to the Immutable Price Prediction model above, IMX’s price in 2026 would be $2.11. This price would however would range from $2.53 and $1.68.
According to the Immutable Price Prediction model above, IMX’s price in 2027 would be $2.30. This price would however would range from $2.77 and $1.84.
According to the Immutable Price Prediction model above, IMX’s price in 2028 would be $2.60. This price would however would range from $3.12 and $2.08.
According to the Immutable Price Prediction model above, IMX’s price in 2029 would be $3.51. This price would however would range from $4.22 and $2.81.
According to the Immutable Price Prediction model above, IMX’s price in 2030 would be $3.68. This price would however would range from $4.42 and $2.95.
According to the Immutable Price Prediction model above, IMX’s price in 2031 would be $4.04. This price would however would range from $4.84 and $3.23.
According to the Immutable Price Prediction model above, IMX’s price in 2032 would be $4.42. This price would however would range from $5.31 and $3.54.
According to the Immutable Price Prediction model above, IMX’s price in 2033 would be $5.72. This price would however would range from $6.87 and $4.58.
According to the Immutable Price Prediction model above, IMX’s price in 2034 would be $5.11. This price would however would range from $6.13 and $4.09.
According to the Immutable Price Prediction model above, IMX’s price in 2035 would be $8.00. This price would however would range from $9.60 and $6.40.
The highest price for Immutable was recorded in 26 November 2021 during which IMX hit an All Time High of $9.52
The price of 1 Immutable according to current market rate is $1.38