ImmutableX Price Prediction 2023-2030: Will IMX Price Hit $0.8 Soon?

• Bullish IMX price prediction ranges from $0.35 to $1.247.
• IMX price might also reach $0.8 this 2023.
• IMX’s bearish market price prediction for 2023 is $0.307.

ImmutableX, according to some, is one of the most amazing cryptocurrencies to rise this year (IMX). 

Immutable X, a scaling solution for Non Fungible Tokens (NFTs) that seeks to enable very instantaneous, low fee transactions, is powered by the Ethereum token known as IMX. Staking on Immutable X, voting on the protocol’s future, and paying transaction fees can all be done with IMX.

If you are interested in the future of ImmutableX (IMX) and would want to know the price analysis and price prediction of IMX for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.

ImmutableX (IMX) Overview

Coin Name	ImmutableX
Symbol	IMX
Rank	#84
Price (USD)	$0.4011
Market Cap	$307,395,699
All Time High	$9.50
All Time Low	No Data
Circulating Supply	766,468,467 IMX
Total Supply	2,000,000,000 IMX

What is ImmutableX (IMX)?

Immutable X claims that its blockchain overcomes Ethereum’s disadvantages, such as limited scalability, a bad user experience, illiquidity, and a sluggish development experience. Instead, users enjoy fast trading and vast scalability, as well as 0% gas expenses for minting and trading NFTs, without jeopardizing user or asset security. Immutable X is constructed using the STARK zk-rollups to do this, a technique that Vitalik Buterin believes Ethereum is “all-in.”

Users will be able to produce and distribute assets like ERC-20 and ERC-721 tokens on a large scale thanks to this technology. Chris Clay, the game Director of Gods Unchained, a project already built on Immutable X, remarked that Immutable X allows allowed Gods Unchained to develop a previously inconceivable meta-system. In this way, Immutable X aspires to provide a world-class experience for both consumers and developers.

Immutable X has the advantage of being one of the first layer-two systems to use zk-rollups and focus solely on NFTs. With zk-rollups becoming more popular as a scaling option, the project is at the forefront of development in the Ethereum ecosystem.

Immutable X has a decent possibility of becoming the default “NFT blockchain” in the future, assuming it can meet its claimed transaction speed of more than 9,000 tps. The API abstraction layer is a critical component in delivering on this promise.

Every NFT-related interaction, including minting, trading, and transferring, is now a simple API call on Immutable X, thanks to REST APIs. This, according to the business, will be a significant component in drawing new participants, such as major gaming and content companies in the field.

Customers would also not have to switch networks while syncing their wallets. The protocol also contains a “Link” intermediary layer, which enables Immutable X to support a third-party marketplace environment while avoiding security concerns.

Immutable X’s shared global order book, which promotes protocol liquidity, allows NFT markets to be built without a backend. As a consequence, third-party marketplace solutions can coexist with the protocol’s main marketplace. The protocol also hopes that by including this option, it will lower the barriers to entry for content suppliers and smaller developers.

Immutable X is a layer-2 blockchain with no gas fees and the ability for operators to determine their own trade fees. In contrast to previous Ethereum scaling solutions, a 51% assault on Immutable X is impossible since it is not a centralized side chain and benefits from inheriting the Ethereum blockchain’s fundamental security. Immutable X employs zk-rollups, which means that they transact assets on the second-layer blockchain, while they maintained transaction validity evidence on the layer-one blockchain, in this instance Ethereum. Immutable X employs STARK proofs because, unlike SNARKs, they are post-quantum secure and, despite their higher cost, provide stronger user security.

Immutable X picked Ethereum as its first-layer solution because it best represents the notion of trustless, decentralized asset ownership, according to the team. According to the company, Ethereum has always emphasized centralization above short-term scalability enhancements, despite experiencing significant gas cost spikes and network congestion, and so remains the primary blockchain for NFT projects to develop atop.

Analysts Views on ImmutableX (IMX)

A cryptocurrency analyst on Twitter, Ahmed tweeted that IMX price has a chance of reaching to $0.4550 in the ascending channel.

$IMX

Alert set, will see reaction and enter pic.twitter.com/cpqHQYiOLt

— Ahmed (@CryptoBheem) December 19, 2022

Another analyst with over 1million followers on Twitter, Lark Davis tweeted that his portfolio for bull market includes ImmutableX (IMX). 

Bull Market Portfolios!

10X #bitcoin #ethereum $matic

20X $avax $link $egld $crv $snx

30X $imx $gns $glmr $mex $rose

Thoughts?

— Lark Davis (@TheCryptoLark) December 13, 2022

A crypto and Defi educator, the Breadmaker also tweeted that he has a long position opening for IMX. 

Just picked up a long on $IMX at $0.4105

At $0.41 support level on the 4 hour.

Also oversold on the 4 hour, 1 hour, 15 minute and 5 minute chart.

Expecting a reversal.

Entry: $0.4105
Stop Loss: $0.395
Take Profit: $0.4185 pic.twitter.com/RNmNmA0KJC

— TheBreadmaker (@TheBreadMakerr) December 27, 2022

ImmutableX (IMX) Current Market Status

According to CoinMarketCap, ImmutableX (IMX) has been trading at $0.3968 with a price change of an increase of 4.40% within the past 24 hours. Moreover, ImmutableX (IMX) has a 24-hour trading volume of $5,695,297 with a 24-hour decrease of 25.79%. IMX circulating supply sits at 766,468,467 IMX while its total supply is 2,000,000,000 IMX.

The most popular cryptocurrency exchanges to buy, sell and trade ImmutableX (IMX) are Binance, OKX, Huobi Global, Bybit, Bitget and so on.

ImmutableX (IMX) Price Analysis 2023

Currently, ImmutableX (IMX) has been ranking 84th place on the CoinMarketCap. Will developments and upgrades within the ImmutableX (IMX) community lead to a rise in the price of ImmutableX (IMX)? We shall see this in this CoinEdition price analysis 2023 article.

ImmutableX (IMX) Price Analysis – Keltner Channel

The Keltner Channel is a technical analysis indicator used to detect trend direction by monitoring volatility above and below the candlesticks. The Keltner Channel signs for ImmutableX (IMX) show that the current bear run may stop for a while because the latest candlesticks are slowly reversing from the lower end part of the second half of the channel. Furthermore, because the latest candlestick is bullish, the current decline in the price of IMX may be extended before any turnaround is predicted.

ImmutableX (IMX) Price Analysis – Relative Strength Index

The Relative Strength Index (RSI) is a technical analysis indicator that determines if an asset is oversold or overbought by measuring the relative momentum in the size and speed of recent price fluctuations. ImmutableX (IMXRSI )’s value on the 1-day chart of IMX/USDT is 42.27. This indicates that IMX is seeing less market volatility because it is not between 50 and 70. To reduce risk, investors should wait for a clear confirmation before entering the trade.

ImmutableX (IMX) Price Analysis – Moving Averages

The 1Day chart of the IMX 200-day and 50-day Moving Averages is shown above (MA). IMX is now in a negative trend, as seen by the recent downturn. Because the 200-MA is greater than the 50-MA, we may conclude that the price is negative for long-term investors. But the candlesticks are slowly returning to touch the 50-day MA, meaning that there is a chance of market showing reversal signs to initiate a bull run.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of ImmutableX (IMX) might experience a reversal in the near future.

ImmutableX (IMX) Price Prediction 2023

Looking at the 1-day chart of IMX/USDT, ever since IMX got listen on big exchanges, IMX has been facing the crypto winter. Been dramatically falling from the price region of $4.671, IMX broke many psychological support levels, forming a new lower low every month and now trading at $0.401.

Meanwhile, currently IMX seem to find its current bottom. Our long-term IMX price prediction for 2023 is bullish since it cannot break the current low zone. If IMX cannot break its current support and bottom, we can expect IMX bulls to reign over the throne and raise IMX price to have reach $0.7.

Month	Minimum Price	Average Price	Maximum Price
January 2023	0.4620	0.4620	0.4643
February 2023	0.4913	0.5043	0.5066
March 2023	0.5098	0.5423	0.7723
April 2023	0.5600	0.5712	0.5935
May 2023	0.6005	0.6097	0.6920
June 2023	0.6248	0.6478	0.7001
July 2023	0.6509	0.6639	0.6662
August 2023	0.6499	0.6824	0.9124
September 2023	0.6968	0.7080	0.7303
October 2023	0.6310	0.7231	0.8054
November 2023	0.7276	0.7506	0.8029
December 2023	0.7760	0.7890	0.7913

ImmutableX (IMX) Price Prediction – Resistance and Support Levels

This bearish chart shows that IMX has been trading sideways since the middle of November, 2022. But if we zoom out the chart, we can see that IMX price has been declined a lot. If bears are still taking their place in the IMX market, IMX could break its current support level of $0.385 and reach $0.303.

However, if buyers have their way, the price of IMX might be rising from its present downtrend position. In simpler terms, IMX might trend above the $0.920 level, and even higher in 2023, a bullish signal.

ImmutableX (IMX) Price Prediction 2024

ImmutableX (IMX) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $1.17, making it not plummet but play consistently. 

Month	Minimum Price	Average Price	Maximum Price
January 2024	0.8513	0.8513	0.8536
February 2024	0.8806	0.8936	0.8959
March 2024	0.8991	0.9316	1.1616
April 2024	0.9493	0.9605	0.9828
May 2024	0.9898	0.9990	1.0813
June 2024	1.0141	1.0371	1.0894
July 2024	1.0402	1.0532	1.0555
August 2024	1.0392	1.0717	1.3017
September 2024	1.0861	1.0973	1.1196
October 2024	1.0203	1.1124	1.1947
November 2024	1.1169	1.1399	1.1922
December 2024	1.1653	1.1783	1.1806

ImmutableX (IMX) Price Prediction 2025

ImmutableX (IMX) prices might grow past $1.53 during the next two years. Furthermore, hitting this level might not be so tough for IMX due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IMX has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2025	1.1994	1.1994	1.2017
February 2025	1.2287	1.2417	1.2440
March 2025	1.2472	1.2797	1.5097
April 2025	1.2974	1.3086	1.3309
May 2025	1.3379	1.3471	1.4294
June 2025	1.3622	1.3852	1.4375
July 2025	1.3883	1.4013	1.4036
August 2025	1.3873	1.4198	1.6498
September 2025	1.4342	1.4454	1.4677
October 2025	1.3684	1.4605	1.5428
November 2025	1.4650	1.4880	1.5403
December 2025	1.5134	1.5264	1.5287

ImmutableX (IMX) Price Prediction 2026

IMX, meanwhile, appears to have reached its low right now. Since it cannot break the present low zone, our long-term IMX price projection for 2023 is optimistic. If IMX is unable to overcome its present support and bottom, IMX bulls will likely take control of the situation and drive up the price of IMX until it reaches $2.16.

Month	Minimum Price	Average Price	Maximum Price
January 2026	1.5512	1.5512	1.5535
February 2026	1.5805	1.5935	1.5958
March 2026	1.5990	1.6315	1.8615
April 2026	1.7093	1.7205	1.7428
May 2026	1.7498	1.7590	1.8413
June 2026	1.8174	1.8404	1.8927
July 2026	1.8735	1.8865	1.8888
August 2026	1.8924	1.9249	2.1549
September 2026	1.9697	1.9809	2.0032
October 2026	1.9398	2.0319	2.1142
November 2026	2.0564	2.0794	2.1317
December 2026	2.1448	2.1578	2.1601

ImmutableX (IMX) Price Prediction 2027

IMX appears to have hit bottom right now, in the meanwhile. Since the price of the IMX cannot break the present low zone, our long-term projection for 2023 is optimistic. We may anticipate IMX bulls to rule the roost and lift the price of IMX to hit $2.92 if it is unable to break through its existing support and bottom.

Month	Minimum Price	Average Price	Maximum Price
January 2027	2.1792	2.1792	2.1815
February 2027	2.2385	2.2515	2.2538
March 2027	2.2770	2.3095	2.5395
April 2027	2.3873	2.3985	2.4208
May 2027	2.4678	2.4770	2.5593
June 2027	2.5354	2.5584	2.6107
July 2027	2.5915	2.6045	2.6068
August 2027	2.6504	2.6829	2.9129
September 2027	2.7277	2.7389	2.7612
October 2027	2.6978	2.7899	2.8722
November 2027	2.8144	2.8374	2.8897
December 2027	2.9028	2.9158	2.9181

ImmutableX (IMX) Price Prediction 2028

ImmutableX (IMX) prices might grow past $3.69 during the next six years. Furthermore, hitting this level might not be so tough for IMX due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IMX has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2028	2.9564	2.9564	2.9587
February 2028	3.0157	3.0287	3.0310
March 2028	3.0542	3.0867	3.3167
April 2028	3.1645	3.1757	3.1980
May 2028	3.2450	3.2542	3.3365
June 2028	3.3126	3.3356	3.3879
July 2028	3.3687	3.3817	3.3840
August 2028	3.4276	3.4601	3.6901
September 2028	3.5049	3.5161	3.5384
October 2028	3.4750	3.5671	3.6494
November 2028	3.5916	3.6146	3.6669
December 2028	3.6800	3.6930	3.6953

ImmutableX (IMX) Price Prediction 2029

ImmutableX (IMX) prices might grow past $4.46 during the next seven years. Furthermore, hitting this level might not be so tough for IMX due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IMX has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2029	3.7315	3.7315	3.7338
February 2029	3.7908	3.8038	3.8061
March 2029	3.8293	3.8618	4.0918
April 2029	3.9396	3.9508	3.9731
May 2029	4.0201	4.0293	4.1116
June 2029	4.0877	4.1107	4.1630
July 2029	4.1438	4.1568	4.1591
August 2029	4.2027	4.2352	4.4652
September 2029	4.2800	4.2912	4.3135
October 2029	4.2501	4.3422	4.4245
November 2029	4.3667	4.3897	4.4420
December 2029	4.4551	4.4681	4.4704

ImmutableX (IMX) Price Prediction 2030

ImmutableX (IMX) prices might grow past $5.2566 during the next eight years. Furthermore, hitting this level might not be so tough for IMX due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, IMX has a strong chance of reaching a new all-time high (ATH) price.

Month	Minimum Price	Average Price	Maximum Price
January 2030	4.5200	4.5200	4.5223
February 2030	4.5793	4.5923	4.5946
March 2030	4.6178	4.6503	4.8803
April 2030	4.7281	4.7393	4.7616
May 2030	4.8086	4.8178	4.9001
June 2030	4.8762	4.8992	4.9515
July 2030	4.9323	4.9453	4.9476
August 2030	4.9912	5.0237	5.2537
September 2030	5.0685	5.0797	5.1020
October 2030	5.0386	5.1307	5.2130
November 2030	5.1552	5.1782	5.2305
December 2030	5.2436	5.2566	5.2589

ImmutableX (IMX) Price Prediction 2040

According to our long-term IMX price estimate, IMX prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $14 by 2040. If the market turns bullish, the price of IMX could go up beyond what we predicted for 2040.

Minimum Price	Average Price	Maximum Price
$8	$14	$19

ImmutableX (IMX) Price Prediction 2050

According to our IMX forecast, the average price of IMX in 2050 might be above $32. If more investors are drawn to IMX between these years, the price of IMX in 2050 could be far higher than our projection.

Minimum Price	Average Price	Maximum Price
$26	$32	$35

Conclusion

As said above, ImmutableX (IMX) might reach above $0.8 in 2023 and $5.23 by 2030 if investors have decided that IMX is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.