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Immutable Price Prediction: Cup Pattern Targets $0.35 As IMX Clears 50 EMA


Immutable Price Prediction: Cup Pattern Targets $0.35 As IMX Clears 50 EMA

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  • Immutable surges 5.34% to $0.2921, breaking above the 20 and 50-day EMAs as buyers defend the December low at $0.215.
  • A cup pattern on the hourly chart targets $0.35, aligning with the 100-day EMA resistance zone.
  • Q1 2026 roadmap catalysts including zkEVM general availability and Passport Dashboard launch support the recovery thesis.

Immutable price today trades near $0.2921 after posting a 5.34% gain to break above the 50-day EMA. The move marks the first close above this level since October, shifting short-term momentum toward buyers as a bullish pattern develops on lower timeframes.

Buyers Defend The December Low

The recovery builds on a successful defense of the $0.215 support tested on December 19. That level marked the lowest price since early 2024 and attracted buyers who have now pushed IMX up 35% from the bottom.

NFT sales volume on the Immutable pla…

Read The Full Article Immutable Price Prediction: Cup Pattern Targets $0.35 As IMX Clears 50 EMA On Coin Edition.

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