Immutable X (IMX) has experienced a notable decline, falling by 5.16% against the US Dollar in the past 24 hours. The cryptocurrency also underperformed against Bitcoin and Ethereum, with respective losses of 3.38% and 2.36%. Despite a 26.60% gain over the past month and a 168.61% increase over the past year, IMX is currently trading 23.04% below its predicted price of $1.94 for October 13, 2024.

The overall market sentiment for IMX remains neutral, with the Fear & Greed index at 49. Key support levels are identified at $1.46, $1.42, and $1.36, while resistance levels are at $1.55, $1.61, and $1.64. Despite some bullish indicators, the cryptocurrency market's inherent volatility and recent performance suggest a cautious outlook for IMX in the near term.