$IMX is currently trading at 0.1418 USDT, down 3.93% over the rolling 24-hour period. During this time, it reached a high of 0.149 USDT and a low of 0.1405 USDT, putting the current price very close to the low.
Looking only at the 24-hour figures, it’s easy to assume the price has been falling steadily. But during the most recent full hour (UTC 07:00 to 08:00), it fell only from 0.1428 USDT to 0.142 USDT, a decline of 0.56%. The opening price for that hour was already above the current price, which indicates that most of the decline occurred earlier.
Trading volume has also changed. About 9,411 USDT was traded during the most recent full hour, compared with about 5,190 USDT in the previous full hour—an increase of around 81%. This only shows that trading was more active during that hour; it doesn’t mean funds were flowing in or out, and it isn’t enough to determine the direction.
Looking only at the 24-hour figures, it’s easy to assume the price has been falling steadily. But during the most recent full hour (UTC 07:00 to 08:00), it fell only from 0.1428 USDT to 0.142 USDT, a decline of 0.56%. The opening price for that hour was already above the current price, which indicates that most of the decline occurred earlier.
Trading volume has also changed. About 9,411 USDT was traded during the most recent full hour, compared with about 5,190 USDT in the previous full hour—an increase of around 81%. This only shows that trading was more active during that hour; it doesn’t mean funds were flowing in or out, and it isn’t enough to determine the direction.