Is Immutable on an upswing?
No, the price is below all 3 moving averages and is therefore in a downtrend.
The Immutable Forecast for 2023
Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.
Analysts had a wide range of forecasts for the Immutable price over the next year. The most optimistic predicted a 12-month price target of $2.56, implying an 87 percent raise, while the worst-case scenario would be $1.95.
The most recent average price target for the next year is $2.22, and it's the most crucial.
That equates to a potential gain of 2.16 percent.
IMX - Relative Strength Forecast
IMX - Trend Prediction
IMX - Price Volatility Prediction
IMX - Relative Strength
IMX - Momentum Forecast
What Does the Future Hold for Immutable?
Immutable's long-term prospects appear to be excellent. 11 analysts predicted that Immutable would reach $2.31 by March 2025. The Immutable price is expected to be $2.41 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $2.57.