The price of Immutable (IMX) is recovering strongly after a deep correction: see the reason

Whale purchases and an increase in trading volume are driving the trading momentum of Immutable (IMX). Partnerships with Ubisoft and Netmarble have raised Immutable's profile in the gaming sector. A breakout pattern points to a potential rise towards US$ 1.00 for the price of IMX.

The native token of Immutable, IMX, is showing a strong recovery after months of weakness that left the cryptocurrency behind much of the market.

The token, which remained stable for a good part of the year, broke a prolonged downtrend and is now attracting new attention from traders, whales, and major partners in the gaming industry.