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Immutable X has launched a brand new Buying and selling Rewards design.
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IMX has added 5% to its worth as we speak and will rally greater over the following few hours.
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The overall crypto market cap could possibly be heading towards $880 billion quickly.
Immutable X launches its new buying and selling reward design
Immutable X introduced just a few hours in the past that it has a brand new and improved buying and selling rewards design. The crew defined that the Buying and selling Rewards will now characteristic a points-based rewards system the place merchants will earn factors based mostly on their day by day buying and selling quantity that will likely be transformed into.
$IMX Rewards introduces new and improved Buying and selling Rewards design!
Buying and selling Rewards will now characteristic a points-based rewards system the place merchants will earn factors based mostly on their day by day buying and selling quantity that will likely be transformed into $IMXhttps://t.co/6m0gGb8i47
— Immutable – $IMX (@Immutable) December 14, 2022
This latest cryptocurrency news has seen IMX, the native token of the Immutable X community, surge by greater than 5%. At press time, the price of Immutable X stands at $0.4441 and will rally towards the $0.50 resistance degree quickly.
The broader crypto market has additionally been performing nicely during the last 48 hours. The overall cryptocurrency market cap stands at $871 billion, up by greater than 2% up to now as we speak.
Bitcoin is eyeing the $1,800 resistance degree after surging by 3.5% as we speak, and Ether has already topped the $1,300 psychological degree.
Key ranges to observe
The IMX/USD 4-hour chart is about to show bullish, as Immutable X has been performing nicely over the previous few days. The technical indicators present that IMX is within the management of bulls in the meanwhile.
The MACD line is near crossing right into a optimistic zone and will accomplish that quickly because the market momentum builds up. The 14-day RSI of 68 additionally reveals that IMX may quickly enter the overbought area.
If the rally continues, IMX may transfer previous the primary main resistance degree at $0.50 earlier than the top of the day. With the help of the broader cryptocurrency market, IMX may try to succeed in the $0.592 resistance degree for the primary time in three weeks.
The place to purchase Immutable X now
Huobi
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