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

CoinsProbe
IMX-4,59%


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

The Good and Bad News for Ethereum (ETH) After Dumping Below $2K

ETH joined the market-wide correction over the past few days, dropping from $2,200 to a three-week low of $1,970 before it recovered slightly to the current $2,000. This is the asset’s most crucial level for the time being, and it’s close to breaking below it. As such, analysts have rushed to

CryptoPotato1h ago

Bittensor (TAO) Rises 10% Daily as Bulls Eye Further Breakout

The cryptocurrency market registered a slight rebound over the past 24 hours, with Bittensor (TAO) being the best performer (at least among the top 100 club) today. Market experts expect the bullish momentum to continue, projecting more substantial gains in the near future. TAO Jumps

CryptoPotato1h ago

MemeCore (M) Flips Shiba Inu (SHIB) After Exploding by 50% in 2 Weeks: What Comes Next?

The crypto market has a new rock star, and its name is the Solana-based meme coin MemeCore (M). Its price has jumped by double digits in a matter of weeks, thus outperforming multiple leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and many more, which have been struggling during the o

CryptoPotato1h ago

Solana Price Holds Near $80 as Analysts Split on Next Move

Key Insights: Solana trades near $80 under pressure, with persistent lower highs and weak recovery attempts reinforcing a clear short-term bearish market structure. Analysts identify the $75 to $45 range as a key accumulation zone, supported by historical demand levels and long-term

CryptoNewsLand4h ago

ADA Price Weakens Under Resistance While Large Wallets Accumulate

Key Insights: Cardano trades below all major moving averages, reinforcing bearish pressure while price struggles to reclaim even short-term resistance levels across multiple timeframes. Whale wallets holding large ADA balances have steadily accumulated since February, reaching their

CryptoNewsLand4h ago
Comment
0/400
No comments