What To Know
- IMX soars 50% weekly, fueled by bullish momentum and market excitement
- Trading volume spikes 125%, signaling rising investor participation and confidence
- Analysts warn overbought RSI, hinting at possible short-term correction for IMX.
The crypto market has turned bullish again, causing most cryptos to paint their daily or weekly charts green. However, among all of them, Immutable (IMX) grabbed eyeballs with its skyrocketing value growth. To be precise, in the last seven days alone, the token’s price increased by a whopping 50%. Therefore, CryptoMoonPress planned to take a closer look at IMX’s current performance to find out what’s going on and what will it take for the token to sustain this uptrend.
Immutable (IMX) Pumps 50% in a Week!
In a span of merely 24 hours, Immutable (IMX) garners even more market attention with an astonishing price increase of 16%, pushing its weekly gains to near 50%. At the time of writing, IMX trades for $0.8738 with a market capitalization that goes well upward of $1.69 billion, cementing its position among the better-performing altcoins in this bullish wave.
The trading volume of Immutable has also soared next to the price increase, recording more than a 125% upswing over the past twenty-four hours; signaling that greater numbers of investors and traders are showing strong interest in this token. While typically bullish, this buildup reflects greater market participation with higher confidence from IMX token holders.
Further backing this rally, popular crypto analyst Cheds Trading pointed out that IMX had broken out of a bullish chart pattern, which probably sparked fresh buying momentum and a short-term FOMO among traders. Such breakouts typically set the stage for steep upward moves, especially when backed by robust fundamentals or favorable ecosystem developments.
$IMX flexing breakout pic.twitter.com/WzxHcjHOSA
— Cheds Trading (@BigCheds) September 19, 2025
On a fund side, Immutable is also becoming a giant wave of visibility in gaming. Just recently, Immutable announced on X that it would be working together with MARBLEX in Korea Blockchain Week 2025 (KBW2025) to throw what they have called the “ultimate gaming bash.”
The event will bring epic gaming showcases, exclusive merch, food, drinks, and surprise giveaways, pointing at Immutable’s continued interest in growing the blockchain gaming industry. Such publicity builds brand equity and cements investors’ confidence in the project’s long-term sustenance capacity in the Web3 gaming realm.
Immutable and @MARBLEXofficial will be at @kbwofficial in just a few days to host the ultimate gaming bash.
Come mingle with the best in gaming on a night packed with epic gaming showcases, tasty bites and drinks, cool merch and surprise giveaways.
LFG! https://t.co/z2xuUBX20x pic.twitter.com/v4igF59yYX
— Immutable (@Immutable) September 18, 2025
With bullish excitement coming from both the technical side and the fundamental side, it looks like IMX is riding this wave. The question that looms, though, is whether this excitement will stay over the following days.
What Future Beholds
While the recent rally of Immutable has clearly been a cause for optimism, technical indicators, ironically, establish the short-term hurdles for the bulls. As per CryptoMoonPress’ analysis of the IMX daily chart, certain moves can signal a cooldown before the next big move. The Relative Strength Index (RSI) has gone into the overbought region, a warning area for traders to be cautious. The moment an asset prices itself into this zone, it may actually be considered too quick a rise, whereas the corrective pullback begins as selling pressure begins to mount.
Apart from that, the Chaikin Money Flow (CMF), an indicator of capital inflows and outflows, has seen a recent fall. Such a move indicates that some investors have begun to take profits by selling off some of their IMX holdings. Usually, a decline in the CMF goes along with weakening bullish momentum, and if that persists, it could really cement the chances of a short-term correction.
Should a pullback come about, analysts with an eye on IMX foresee the latter potentially entering a period of consolidation. Strong support levels could eventually be created in the $0.6-$0.4 rank.
This, however, would not necessarily signify the end of the bullish trend but rather a healthy correction, wherein the market resets itself before another upward rally may be staged. In the interim, investors will have to brace through some level of volatility while closely monitoring these support zones, crucial to stabilizing IMX levels or seeing them slide into a longer consolidation setup.
