Ethereum

Convergence

LimeWire

Bitcoin

Divergence

The post <a href="https://coinpedia.org/price-analysis/altcoin-on-a-move-immutablex-imx-and-limewire-lmwr-hint-20-uptrend/">Altcoin On A Move! ImmutableX (IMX) And LimeWire (LMWR) Hint 20% Uptrend?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
The cryptocurrency market continues to record a negative price action over the past few days with the elite cryptocurrencies such as <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin</a> and <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/" target="_blank" rel="noreferrer noopener">Ethereum</a> tokens recording significant correction in their respective portfolios. 
However, on the other hand, altcoins have recorded a rising bullish sentiment with mid-cap and low-cap tokens recording the highest gains. Tokens such as LimeWire (LMWR) and ImmutableX (IMX) have recorded a massive uptrend in their valuations this week. 
With the increased price volatility in the crypto space, will these altcoins continue to overpower the top crypto tokens this month? 
<h2 class="wp-block-heading" id="h-imx-crypto-records-increased-price-volatility">IMX Crypto Records Increased Price Volatility:</h2> 
The ImmutableX token has gained approximately 1% within the past 24 hours and has recorded a change of +3.86% in its trading volume. Further, the <a href="https://coinpedia.org/price-prediction/immutable-x-imx-price-prediction/" target="_blank" rel="noreferrer noopener">IMX price</a> has added over 9.50% to its portfolio within the past 3 days. However, its weekly returns stand at -11.19%, indicating a mixed price action. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdoZ9n4wGII_M-a4FuifyDzZU71wmBGN0M-yClNPMp2X9q-YpIK1gZM-E6O9XH4-H3ZoqC3O3YvlaFvqIcaOGYiro-R7Bbiya-ojQY5HXrozEV2-QmmqkM_zuCbiE__r_P3nG-cfhy5QXHGQtbKCZv9xo8?key=vBM-toabdEGr4NiGsV10UQ" alt="ImmutableX (IMX) Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: IMX/USDT
 </figcaption>
</figure> 
With a trading price of $1.59 and a market capitalization of $2.4 Billion, the <a href="https://markets.coinpedia.org/immutable-x/" target="_blank" rel="noreferrer noopener">ImmutableX coin price</a> has successfully secured the 39th position in the global crypto market list. 
The technical indicator, RSI, displays a bullish crossover in the 1D time frame. However, the Cross EMA 50/200-day has recorded a Death Cross, highlighting a mixed sentiment for the IMX coin price in the cryptocurrency market. 
If the market pushes the ImmutableX price above the resistance level of $1.677, the bulls will continue rising and prepare to test its upper high of $2.12. Conversely, a trend reversal could pull the IMX crypto toward its crucial support level of $1.235 in the coming time. 
<h2 class="wp-block-heading" id="h-limewire-lmwr-price-hints-bullish-reversal">LimeWire (LMWR) Price Hints Bullish Reversal?</h2> 
The LMWR price has recorded a surge of 34.85% within the past day with a surge of 107% in its trading volume. Positively, with the altcoin’s recent surge, it has leveled all its losses which it had experienced this year. This indicates a rising bullish sentiment for the LimeWire token in the market. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdeLTB1TNcXAkMyU1jFUQ1IW_3ZKb9_A8AuqkcVSwW71duYeVDjAuXUvEZvx0nJP20OBjC1FcGFzyhd_vwfYitexYCJQiDAIy4mlMOrIBCyLq0eeNxFAvBKlXIdzBdELa_RROCTEz3-WENr3IT1qEIfhWU?key=vBM-toabdEGr4NiGsV10UQ" alt="LimeWire Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: LMWR/USDT
 </figcaption>
</figure> 
The SMA indicator shows a positive crossover in its price chart, highlighting a strong bullish reversal for the LMWR token in the crypto space.&nbsp; 
On the other hand, the Moving Average Convergence Divergence (MACD) records a constant uptrend in its green histogram with its averages displaying a rising pattern. This highlights a high possibility of a bullish price action during the upcoming time. 
If the bulls continue to gain momentum, the LMWR price will breach its $0.450 mark and head toward its upper resistance level of $0.690. However, in case of a bearish price action, the LimeWire price could lose momentum and plunge toward its crucial support level of $0.2210.

Altcoin On A Move! ImmutableX (IMX) And LimeWire (LMWR) Hint 20% Uptrend?

Inhaltsverzeichnis

CoinPedia News

Weitere Artikel, die am 21. Juni 2024 veröffentlicht wurden

The Power of Liquidity: RAIN's Revolutionary Model

XRP Trading in Red Amid Ripple vs SEC Settlement Speculations

Solana ETF Is Next In Line, Buy These Solana Coins For High Returns

Ripple’s XRP Maintains Strong Bullish Momentum, Anticipates Significant Upside Potential

Ripple faces securities suit in California over CEO’s ‘misleading statement’

Bitcoin Spot ETFs Experience $140M Outflow Amid Five-Day Decline

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!