Category: Cryptocurrency News

IMX price could be ready for a short-term relief rally as price breaks out from the downtrend, creating more bullish sentiment for a recovery. IMX looks strong on both low and high timeframes.  The price of IMX breaks out on the daily timeframe after forming a descending triangle. ImmutableX (IMX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $1.3. Previous weeks for the crypto space have been slow as most altcoins, and major cryptocurrencies like Bitcoin (BTC) continued to move in a range. With so much belief in Uptober, as many would call it, has brought some relief bounces across the crypto space with ImmutableX (IMX) not left out of the train. (Data from Binance) Related Reading: Short Relief Bounce For Altcoins? If Crypto Marketcap Can Do This ImmutableX (IMX) Price Analysis On The Weekly Chart The new month has been a relief for most crypto projects, with altcoins such as BTC, ETH, and even XRP, continuing to show strength after weeks of downtrend movement.  The price of IMX has struggled to remain bullish, falling from a high of $1.3 to a weekly low of $0.7, with the price looking more stable as the price looks ready to bounce off from this region.  After hitting a bottom low of $0.7, the price of IMX bounced swiftly from that region as the price rallied to a high of $1.1. Still, the price was rejected from that region as IMX was unable to breach this area aching as resistance for price and preventing a major rally to the $1.2 area. The price would not hold as IMX found its price retesting the support at $0.7, IMX closed the week with so much indecision among buyers and sellers, but the new week looks good as there have been more buyer orders pushing the price upward.  If the price of IMX continues to maintain this structure, we could see a retest of the $1.1 area, and if the price of IMX breaks and hold above this region, we could see a more bullish scenario. Weekly resistance for the price of IMX – $1.1. Weekly support for the price of IMX – $0.7. IMX Analysis Of REN On The Daily (1D) Chart On the daily timeframe, the crypto market cap price remains bullish, holding the support at $850 billion ($850B); this has also impacted the price of the altcoins like IMX as it shows a more bullish form on the daily price chart. The price of IMX broke out of its descending triangle on the daily timeframe, with the price ready for a rally to $1-$1.2.  The price of IMX is currently trading at $0.78, with the price holding above the 8 and 20-day Exponential Moving Averages (EMA) after breaking through resistance in this region, flipping it into a support for IMX price. The price at $0.75 corresponds to the values of 8 and 20-day EMA acting as support. Daily resistance for the price of IMX – $1.2. Daily support for the price of IMX – $0.75-$0.7. Related Reading: Bitcoin Pound Sterling Volume Soars To ATH Amid Currency Crisis Featured Image From Zipmex, Charts From Tradingview

I made pretty much every mistake possible in the last bull run. I bought into ponzi tokens trying to double my money. Any profit I did make I plowed back into more insane scamcoins and lost it all. I want to do it the proper way this time. I'm buying crypto during this bear market…
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PRESS RELEASE. It can be increasingly frustrating when someone has a worthwhile crypto and NFT project but cannot find a way to gain enough engagement. Many people fall into this category, believing they can handle promoting their crypto and NFT projects only to be swallowed by other projects. It is not like they have a […]

If plans will become true, this will be a huge step for adoption. Twitter is THE social media platform, no other platform is being cited as much in news and other social media. What was your entry into crypto? For me it was the adoption of Bitcoin in 2021 by Tesla and the crash after.…
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Saylor wanted to demonstrate just how well he can use Bitcoin’s layer-2 Lightning Network by hosting a meme competition.

A push higher for Bitcoin is likely to form the final fakeout before plumbing new multi-year lows, fresh analysis maintains.

Pretty much as the title says. I have been waiting to dump my ETHW tokens, but there were risks on the impact that could have on my ETH tokens. I'm just wondering if these concerns since have been mitigated, because I do see quite a few blog posts on how to access the ETHW tokens…
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Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House’s call on them to do “reliability assessments of current and projected crypto-asset mining operations on electricity system reliability and adequacy.” However, a commissioner at […]

From institutional crypto usage in the United Arab Emirates to remittance payments in the Egyptian market, the last year revealed major growth for crypto in the MENA region.

Nasdaq said that the retail side of the crypto market is quite saturated at the moment with many service providers looking to fulfill retail investors’ needs.