Immutable X (IMX)

What is Immutable X?

Immutable X is a Layer 2 on Ethereum dedicated to NFTs and Web3 gaming, with gas-free NFT minting and trading for users. IMX is the platform's governance and utility token.

Immutable has formed partnerships with gaming majors such as Ubisoft, GameStop and Illuvium to bring their titles onto blockchain without the barriers of gas fees. ZK-Rollup technology guarantees Ethereum security with near-unlimited scalability for gaming NFTs. IMX is required for staking operations and to access certain protocol benefits in gaming partnerships.

Key data

Why analyse Immutable X with machine learning?

New game launches on Immutable X create waves of IMX demand for staking and fees. The gaming NFT market, including character prices and marketplace volumes, anticipates IMX price movements. The correlation with the general blockchain gaming cycle and AAA launches on Web3 creates identifiable catalysts.

How High Tide's analysis of Immutable X works

Every day, the High Tide model analyses Immutable X by combining multiple technical indicators: RSI to identify overbought and oversold conditions, MACD to detect momentum changes, and Bollinger Bands to measure relative volatility. The analysis also integrates the closing price, trading volumes and the trend over the last 24 hours. The model publishes an UP or DOWN signal only when all indicators exceed the minimum confidence threshold, filtering out weak or contradictory signals. Each prediction is verified after 7 days against real Binance data, continuously updating the accuracy statistics.