Immutable X expands access with new exchange integration, but broader NFT market weakness weighs on price action.
What's Happening:
Direct IMX deposits/withdrawals enabled on top-tier exchange
Onboarded over 680 games to the ecosystem
NFT sales volume drops 67% weekly, reflecting sector slump
Price tests $0.25 support level
Why It Matters: Gaming is the long game. While NFT volumes are cyclical and currently down, the infrastructure (exchange rails, 680+ games) is being laid for the next 100M players. The disconnect between price and partnership growth is widening.
Technical View: $IMX holds $0.22 as major support. Losing this would be a significant breakdown for the mid-term structure. A rebound needs to clear $0.30 to regain traction.
🎯 Key Levels:
Support: $0.22 | Resistance: $0.30
24h Range: $0.22 - $0.28
💡 Gamers don't care about blockchains, they care about games
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Immutable #IMX #Web3Gaming #NFTs #CryptoNews
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
