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Immutable faces strong resistance at $0.6800-$0.6900, limiting short-term bullish momentum. RSI at 27.60 signals oversold conditions, suggesting potential for a near-term rebound. IMX price could surge 134.39% by Dec 2025, with forecasts targeting around $1.546471. Immutable (IMX) is getting ready to announce its third multi-billion-dollar-backed game on February 26th.  This announcement comes as IMX is seeing a price decrease, currently trading at $0.6608 after dropping 7.21% in the last 24 hours. Investors are watching the asset’s movement closely as it nears key support and resistance levels.  Tomorrow we announce the third multi billion dollar backed game building on @Immutable. — Robbie Ferguson 🅧 | Immutable (@0xferg) February 25, 2025 IMX Price Under Pressure and Market Movement The IMX price started the day around $0.6919 but has faced non-stop downward pressure, making lower highs and lower lows. This continuous slide points to a generally negative market mood.  However, a recent bounce from the lowest point shows there’s still some buying interest. Market watchers are trying to figure out if this is just a short-term bounce or the start of a real recovery. Key Price Levels for IMX IMX is testing key support levels, which could tell us what it will do next. The $0.6200-$0.6250 area has been a strong support zone, since the price just bounced from this level.  If sellers keep pushing, the next big support is at $0.6000. This is a well-known level where buyers might jump in to stop the price from falling further. On the upside, resistance is still strong between $0.6800 and $0.6900. Sellers have stopped price increases in this area before. If the price can break above this range, it might head toward $0.7000. That’s a key level everyone’s watching that could bring back bullish activity. Related: Massive Crypto Token Unlocks in October Could Impact…

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Filed under: News - @ February 25, 2025 6:18 pm