- IMX jumped by 15.35% to $0.725, with bullish indicators like RSI at 57.18 and a MACD crossover supporting upward momentum.
- Resistance is at $0.750, with potential to hit $0.80 – $0.85. Support at $0.700, with downside risk toward $0.68 – $0.65 if broken.
- Immutable expands in Web3 gaming, partnering with Tokyo Beast, adding to past deals with Ubisoft and MARBLEX to boost adoption.
Immutable (IMX) has seen notable price movement, with a strong bullish push in recent trading. At press time on February 26, IMX was priced at $0.725, a 15.35% increase over the past 24 hours.
IMX market cap is at $1.28 billion, while the 24 hour trading volume declined by 4.12% to $56.94 million. The token’s fully diluted valuation is at $1.45 billion, and its total holder count is 91,830. IMX has a circulating supply of 1.76 billion tokens, with a maximum supply fixed at 2 billion.
Technical Indicators Show Bullish Momentum
IMX’s price movement shows a bullish sentiment, with technical indicators supporting the outlook. The RSI is at 57.18, indicating mild buying momentum. Notably, it remains above the 42.35 moving average, confirming increasing pressure from buyers.
Additionally, the MACD shows a bullish crossover. The MACD line is at 0.010, is above the signal line at -0.005, with a positive histogram value of 0.015. This suggests continued upward momentum if market conditions remain favorable.
Support and Resistance Levels
IMX bounced from a low near $0.60 and has shown resilience in reclaiming higher price levels. The immediate resistance is at $0.750, which, if breached, could open way for a rally toward $0.80 – $0.85.
On the downside, support is at $0.700, and failure to hold this level could push the price toward $0.68 – $0.65. The volume-to-market cap ratio is at 4.43%, indicating relatively low trading activity. For a strong breakout, increased volume will be essential.
Market Developments and Future Outlook
Immutable is expanding its presence in the Web3 gaming sector, strengthening its position through strategic partnerships. According to Immutable, they have collaborated with Tokyo Beast, a forward step as the third unicorn developer to join its ecosystem.
TOKYO BEAST × Immutable
— TOKYO BEAST (@TOKYOBEAST_EN) February 26, 2025
We’re thrilled to announce our partnership with Immutable!
Together, we’re creating an ecosystem where both Web3 and Web2 users can seamlessly enjoy TOKYO BEAST.
Get ready for an exciting launch this spring! Stay tuned!@Immutable https://t.co/iAqVYuNTGX pic.twitter.com/04t3Q5ODH0
This follows past collaborations with Ubisoft’s Strategic Innovation Lab in 2023 and MARBLEX in 2024. Immutable aims to drive mainstream adoption of digital ownership in gaming through these alliances.
According to analysts, IMX is holding near a support level of $0.50, making it a focal for potential long opportunities. However, maintaining its current momentum will depend on market sentiment and volume inflow.
If IMX stays above $0.72, it may continue its upward movement toward $0.75 – $0.80. However, a failure to hold support levels could lead to a price pullback. With bullish indicators, IMX is up for potential gains, provided market conditions align with its current setup.
