$2.17
+ $0.12 (6.00%)
End-of-day quote: 2022-10-25
IMX/USD

Is Immutable on an upswing?

No, the price is below all 3 moving averages and is therefore in a downtrend.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

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

Immutable broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

IMX - Trend Prediction

IMX - Price Volatility Prediction

IMX - Relative Strength

IMX - Momentum Forecast

In we then see weak volatility for Immutable for a longer period of time which led to negative signals for Immutable.

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.