- The price of stability (IMX) increased by 8.05 % to $ 0.6785 after SEC dropped its achievement.
- The maximum market increased to $ 1.21 billion, with trading volume over 24 hours increased by 118.36 % to 120.59 million dollars.
The unchangeable IMX (IMX) has increased after the US Securities and Stock Exchange Committee closed Without providing Fees. The Securities and Stock Exchange has confirmed that it will not follow any enforcement procedure against non -changeable, ecosystem, or CEO James Ferguson. This news has fueled a strong purchase momentum, which prompted IMX up in the past 24 hours.
IMX is currently trading at $ 0.6785, which represents an 8.05 % increase during the last day. The market value amounted to $ 1.21 billion, while the fully diluted evaluation (FDV) is $ 1.35 billion. His trading volume Rise 118.36 % to 120.59 million dollars, which reaches the maximum volume to 9.91 %.
Will IMX continue in its direction?
Technically, IMX recently reached its climax at $ 0.75 before being subjected to a slight decline. The key resistance level is In place About $ 0.70, while support is currently at $ 0.63. The collapse of more than $ 0.70 can pave the way to a march of about $ 0.78. On the other hand, failure to maintain support at $ 0.63 may lead to a decrease of about $ 0.60, which may lead to a deeper correction.
The RSI is currently 57.17, with an average RSI 70.54. IMX recently entered the lands seen, which led to a brief slowdown. CHIKIN (CMF) is located at -0.11, indicating moderate weakness in purchasing pressure. However, the momentum remains largely optimistic.
The moving averages support this feeling, as the moving average retains a 50 -day moving average near $ 0.67, and works at a short -term level of support. The moving average remains for less 200 days, which confirms a long -term trend. Also, a newly bullish intersection between 50 -day moving averages and 200 days enhances the issue of continuous upward momentum.
SEC’s decision to drop its investigation has canceled a major organizational danger to change, allowing the project to restore market confidence. IMX technical indicators indicate that the distinctive symbol is uniform after the gathering. If you succeed in collapse above $ 0.70, it is likely to win more gains in the short term. However, traders should remain cautious about potential corrections, especially if the price decreases to less than $ 0.63.
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