ImmutableX (IMX) Continued Growth Despite Market Behaviours

Unlike other altcoins, the momentum on the IMX chart hasn't been as pronounced, presenting an opportunity for substantial future growth. Since October 19, the asset has increased by 30%, a relatively modest gain compared to other alternative cryptocurrencies.

At present, the IMX price is caught between a support zone of $0.608 and $0.632. If the uptrend continues, IMX's price could potentially reach $0.725 and $0.766, levels that were hit during ImmutableX’s surge on September 21.

Should the BTC chart depict a downturn, IMX could retest the support zone at $0.560-$0.580, as well as the $0.545 level. These marks may need to be tested as a technical correction before any further increase.