Will SEI and IMX Maintain Bullish Momentum Amidst KAS’s Dip?

• IMX dips to $2.85 after resistance at $3.04 and eyes next support at $2.85.
• KAS faces a 1.65% decline, testing support at $0.1356 amid selling pressure.
• SEI surges 11.55% to $0.83, breaking a bearish trend with a solid bullish recovery.

Immutable (IMX), Kaspa (KAS), and Sei (SEI) have seen a surge upwards in the positive direction within a week due to optimism on the crypto market occasioned by the rally that Bitcoin has had to $51K. Nonetheless, the bullish momentum has weakened as profit-taking and market corrections set in.

Consequently, Immutable (IMX) fell in the last 24 hours after failing to surpass the resistance established at an intra-day peak of $3.04. Consequently, IMX hit an intra-day low of $2.85, which support held before slightly recovering to $2.99. 

If the bullish trend manages to break the resistance level, the next level to keep an eye on is $3.15. However, if bearish sentiment takes over, IMX could drop below the support level of $2.85 and test lower levels of support. 

However, during the recovery, IMX’s market capital…

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