Immutable (IMX) To Rise Higher? This Emerging Bullish Pattern Hints at Upside Move!

CoinsProbe
IMX0,78%


Key Takeaways

  • Immutable (IMX) is gaining attention as the gaming crypto sector shows renewed strength in both market cap and volume.

  • The weekly chart points to a developing Power of 3 (PO3) structure, often seen near major market bottoms.

  • IMX has completed a long accumulation phase and appears to be stabilizing after a manipulation-driven breakdown.

  • Reclaiming the $0.35 level and the 50-week moving average near $0.53 is crucial to confirm bullish continuation.

  • A breakout above $0.815 could open the door for a larger upside move toward the $1.42 region in the coming months.


In the cryptocurrency market today, gaming tokens are back in the spotlight, with** Immutable (IMX) **drawing increased attention. The overall gaming narrative market cap has climbed by 2.99%, while trading volume has jumped a notable 9.57% over the past 24 hours.

Source: Coinmarketcap

Riding this momentum, IMX is up nearly 7% on the day. More importantly, the higher-timeframe chart is beginning to reveal a larger technical structure that could be setting the stage for a meaningful upside move in the weeks ahead.

Source: Coinmarketcap

Weekly Chart Signals a Bullish Move

From a technical perspective, the weekly **IMX **chart suggests the formation of a classic Power of 3 (PO3) structure — a pattern often seen near major market bottoms and trend transitions. This setup typically unfolds in three phases: accumulation, manipulation, and expansion, with the strongest price move usually emerging once the expansion phase begins.

Accumulation Phase

Between February and November 2025, IMX spent an extended period consolidating within a clearly defined range. Price action remained capped near the $0.815 resistance zone, while buyers consistently defended the $0.35 support area. This prolonged sideways movement reflects steady accumulation, where long-term participants quietly build positions while volatility remains compressed.

Manipulation Phase

During the broader market downturn in November 2025, IMX broke decisively below the $0.35 accumulation support, sliding toward a local low around $0.2031. This sharp breakdown, highlighted on the chart by the lower shaded zone, aligns well with the manipulation phase of the Power of 3 pattern.

Immutable (IMX) Weekly Chart/Coinsprobe (Source: Tradingview)

At this stage, stop losses are triggered, sentiment turns bearish, and weaker hands are forced out of the market. Notably, selling pressure has started to fade near this region, with IMX now trading around $0.2928 — an early sign that downside momentum may be losing steam.

What Comes Next for IMX?

Currently, IMX remains in the lower portion of the manipulation phase, trading just below the crucial $0.35 level. This zone is particularly important, as it previously acted as strong accumulation support and now serves as a key decision area.

For bullish momentum to gain credibility, IMX must first reclaim $0.35 and then push above the 50-week moving average, which sits near $0.5277. A sustained move above these levels would strongly suggest a transition into the expansion phase of the Power of 3 structure, where upside momentum typically accelerates.

If price manages to break and hold above the $0.815 resistance, the longer-term chart projection opens the door toward the $1.42 region in the coming months — a level that aligns with prior structural targets on the weekly timeframe.

That said, the setup remains conditional. As long as IMX trades below $0.35, downside risks cannot be completely ruled out, and price may continue to experience volatility. Holding current lows and reclaiming key resistance zones will be critical for bulls to confirm a broader trend reversal.

Bottom Line

While Immutable (IMX) has already posted a strong short-term bounce, the bigger story lies in its higher-timeframe structure. The ongoing stabilization near cycle lows, combined with a developing Power of 3 pattern, suggests that IMX could be preparing for a larger move — provided key levels are reclaimed. For now, patience is warranted, but the chart hints that the worst of the downside may already be behind.

Frequently Asked Questions (FAQ)

Is Immutable (IMX) bullish right now?

IMX is showing early signs of stabilization after a deep correction. While it is not fully bullish yet, reclaiming $0.35 and the 50-week moving average would significantly strengthen the bullish case.

What is the Power of 3 pattern in crypto trading?

The Power of 3 (PO3) is a market structure consisting of accumulation, manipulation, and expansion phases. It is often seen near major bottoms before strong trend reversals.


Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.


About Author: Nilesh Hembade is the Founder and Lead Author of Coinsprobe, with over 5 years of experience in the cryptocurrency and blockchain industry. Since launching Coinsprobe in 2023, he has been providing daily, research-driven insights through in-depth market analysis, on-chain data, and technical research.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cardano Posts 6.89% Daily Gain—Can ADA Maintain Momentum Above $0.25?

Cardano posts 6.89% daily gain as ADA rebounds to $0.2811 after recent yearly lows. Strong trading volume signals renewed investor interest and potential short-term momentum. Traders watch $0.25 support and $0.30 resistance for ADA’s next direction. Cardano’s ADA returned to the

CryptoNewsLand9m ago

Circle stock price surges 87% in a month! How the US-Iran war and trader position adjustments are driving the rally?

Circle's stock price surged 87% in a single month due to the impact of the US-Iran conflict. Analysts have pointed out that its stock is overvalued, and the discounted cash flow model shows an intrinsic value of $42.25. The current stock price of $111.84 is 164.7% higher. The price-to-sales ratio also emphasizes that the stock is overvalued, indicating a high risk of overestimation.

CryptoCity15m ago

"1011 Insider Whale" Agent: Brent Crude Oil remains in the first phase, and whether the Strait of Hormuz is open or not is a key variable

Gate News reports that agent Garrett stated that Brent crude oil remains in the first stage, and market dynamics have not substantively changed. The key issue is whether the Strait of Hormuz will remain open; continued restrictions will impact the energy market.

GateNews15m ago

Bitcoin bottom signals reappear? Analysts say "simple mathematical model" may indicate key support for a new cycle

Recently, crypto analyst Chetan Gurjar reviewed the analytical framework that successfully identified the 2022 bear market bottom, emphasizing Bitcoin's response within the long-term structure. He believes that if it breaks through the current resistance zone, it could form a new cycle bottom and influence future trends.

GateNews17m ago

Why does Bitcoin remain steady at $70,000 despite soaring oil prices and the clouds of war? Institutional and whale funds are the key support

As the Iran situation escalates and oil prices rise, global stock markets come under pressure, but Bitcoin defies the trend with an approximately 4% increase, reaching $70,000. Large institutions continue to buy through OTC trading, with over $700 million in funds flowing into Bitcoin-related ETFs, supporting market sentiment. Major holders slightly increase their holdings, indicating institutional and corporate optimism about Bitcoin, becoming an important force in its price stability.

GateNews27m ago
Comment
0/400
No comments