Immutable

Million

<ul class="list-ic vertical">
 <li><span>1</span> <a>Immutable price prediction showcases that the price may advance to a high of $5.97 by the end of 2027.&nbsp;</a></li>
 <li><span>2</span> <a>Immutable price surged 3.50% in the past 24 hours and currently trades at $1.40.</a></li>
 <li><span>3</span> <a>The technical indicators imply a neutral to bullish outlook above the 50-day EMA.</a></li>
</ul>
<p>Immutable (IMX) is a cryptocurrency project that focuses on creating and scaling NFTs on Ethereum. NFTs are non-fungible tokens, which are unique digital assets that can represent anything from art, games, and music, to collectibles.&nbsp;</p>
<p>It uses a layer-two scaling solution called Immutable X, which is based on a technology called zk-rollups. This technology allows it to process thousands of transactions per second while eliminating gas fees and maintaining the security and decentralization of Ethereum.&nbsp;</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img loading="lazy" decoding="async" width="963" height="537" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-51.png" alt="IMX  " class="wp-image-182838" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-51.png 963w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-51-300x167.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-51-768x428.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-51-750x418.png 750w" sizes="(max-width: 963px) 100vw, 963px">
  <figcaption class="wp-element-caption">
   &nbsp;&nbsp;Source: coinmarketcap.com
  </figcaption>
 </figure>
</div>
<p>The price of Immutable crypto rose by 3.5% in the last day and is currently trading at $1.40. IMX price has been on a steady uptrend with some minor corrections along the way. The price has increased by more than 106% in the last month.</p>
<p>The trend analysis shows that the price persisted in a bearish trend until it was maintained below the 200-day EMA.&nbsp;</p>
<p>The breakout above the 200-day EMA witnessed a strong bullish rally which took the IMX price from a low of $0.70 to a high of $1.45 in a very short duration.&nbsp;</p>
<h2 class="wp-block-heading" id="strong-immutable-price-prediction-2023-strong"><strong>Immutable Price Prediction 2023</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="478" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-52-1024x478.png" alt="" class="wp-image-182839" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-52-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-52-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-52-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-52-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-52-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-52-1140x532.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-52.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: <a href="https://in.tradingview.com/" target="_blank" rel="noopener noreferrer nofollow">IMX/USD</a> By TradingView
  </figcaption>
 </figure>
</div>
<p>The volume analysis elaborates that it has a 24-hour trading volume of $99.404 Million with a rise of 56.54% as compared to the last day. The live market cap of Immutable is $1.803 Million and it ranks 37th among the top cryptos. The volume-to-market cap ratio is 5.82% indicating low volatility in the market.&nbsp;</p>
<p>According to our analysts, the price of IMX crypto could reach up to $1.58 by the end of the year, while others predict that it could fall to $1.08.&nbsp;</p>
<h3 class="wp-block-heading" id="strong-immutable-price-prediction-2024-strong"><strong>Immutable Price Prediction 2024</strong></h3>
<p>As per the analysts, the most optimistic target that the IMX price may achieve is $2.27, indicating an upside potential of 62.07% from the CMP. The average analyst price target is $1.85 by the end of 2024. However, the pessimistic view of analysts estimated the price to reach $1.70.&nbsp;</p>
<h3 class="wp-block-heading" id="strong-immutable-price-prediction-2025-strong"><strong>Immutable Price Prediction 2025</strong></h3>
<p>The most optimistic analyst forecast for Immutable crypto expects the price to reach a high of $2.94 with a potential gain of 110.31% from the CMP. The minimum forecasted price by the end of 2026 is $2.27.&nbsp;&nbsp;&nbsp;</p>
<h3 class="wp-block-heading" id="strong-immutable-price-prediction-2026-strong"><strong>Immutable Price Prediction 2026</strong></h3>
<p>The IMX price may reach a high of $4.15 if a positive trend prevails in the crypto market. On the flip side, the most pessimistic view of the analysts expects the price to reach $3.14 by 2026.&nbsp;</p>
<h3 class="wp-block-heading" id="strong-immutable-price-prediction-2027-strong"><strong>Immutable Price Prediction 2027</strong></h3>
<p>According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts estimates a price target of $5.97. The minimum price that Immutable may reach by 2027 is $4.10.</p>
<h3 class="wp-block-heading" id="strong-immutable-price-prediction-2028-strong"><strong>Immutable Price Prediction 2028</strong></h3>
<p>On an optimistic note, the Immutable price may advance to a high of $8.201 in the next five years. The minimum price target that the<a href="https://www.thecoinrepublic.com/2023/11/06/imx-price-prediction-2024-2026-is-3-possible-by-2026-end/" target="_blank" rel="noopener noreferrer nofollow"> IMX crypto </a>may achieve is $5.6.&nbsp;</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

IMX Price Forecast: Will Immutable Price Skyrocket by 2028?

Table of Contents

Thecoinrepublic.com

Other articles published on Dec 2, 2023

UK Lawmakers Urge Caution In The Introduction Of Retail Digital Pound

Galaxy Digital CEO Mike Novogratz Reveals Bitcoin Price Prediction!

Grayscale Executives Update Investors About GBTC’s Approval As Spot Bitcoin ETF

US Bonds Lose Appeal as Stablecoins Gain Traction in Treasury Market

Rekt Capital: Bitcoin Bull Season Continues, 4 Altcoins Ready to Explode

Nobel Prize Economist Assesses Impact of ChatGPT on Workplace Automation One Year After Launch

Join our free newsletter for daily crypto updates!