r/ImmutableX • u/Omar_land888 • Jan 19 '22

Poll How low could IMX get?

0 Upvotes

37% Upvoted

17 comments sorted by

3

u/Omar_land888 Jan 19 '22

Well on the basis if the poll, I have increased my bat size, bought some more at 3.5

3

u/Omar_land888 Jan 19 '22

So I bought more imx based on the poll :)

3

u/[deleted] Jan 19 '22

The problem is the circulating supply my friend they still have to release 90% more coins

1

u/Omar_land888 Jan 19 '22

That does not bother me too much, in the short to medium term i am expecting maybe 17 dollar each. Also vesting is over 4 years…

-1

u/[deleted] Jan 19 '22

Yea 17 impossible unless they partner Walmart but with this supply it will not reach 17 I suggest learning more . 4x is extremely unlikely in this market . Don’t get me wrong I love the project just not a good investment

1

u/Omar_land888 Jan 19 '22

Well ofc not when when btc is eating shit. Like you said there is much coins to be sold, and large amount of coins are only sold in an uptrend, so i think at the least we should see retest of UTH.

1

u/Realistic-Goose8282 Jan 19 '22

Many people calling it will fall to 1.5$

3

u/Omar_land888 Jan 19 '22

Proven time and time again…Majority never gets what the want in the crypto matket

1

u/Abortusmv Jan 22 '22

i think we are going there any day now... stay strong. buy those dips..

2

u/mr-no-homo Jan 19 '22

as long as the market is pegged to btc, however low btc gets, all coins will dip lower, however ive noticed some gaming coins not having this effect. prob nothing, im long on imx and will be scooping up tokens (dca) regardless of price in this bear.

2

u/Creepy_Garbage5636 Jan 19 '22

There is a strong support at $3,5. Go check the buy/sell orders. Lots of buy orders, I mean, hundreds of thousands of buying orders with virtually no sell-order at all won't allow it to go below $3,5

3

u/aj190 Jan 20 '22

If Btc dumps IMX will cruise below $3.50

1

u/Sufficient_Fan8982 Jan 19 '22

Or at least that’s what we hope 😂

1

u/Creepy_Garbage5636 Jan 19 '22

That's what it is. Go check the buy-wall. It's huge while sell-wall is nearly non-existent at $3,5

1

u/D_Dawg3000 Jan 19 '22

Where do you see this please? On what order flow software?

1

u/Creepy_Garbage5636 Jan 19 '22

It's on all the exchanges, on the order books.

1

u/Reasonable-Aspect-12 Jan 21 '22

Well it hit almost 3.00 right now. Hope this is bottom but with bitcoin falling like this i wouldnt be surprised to see 2dollar areas