Immutable X is down by more than 6% despite TurnerSportsPR partnership

Immutable X is down by more than 6% despite TurnerSportsPR partnership
фото показано с : coinjournal.net

2022-6-15 19:17

The cryptocurrency market has lost nearly $100 billion over the past 24 hours, with numerous coins and tokens trading in the red zone.  

The cryptocurrency market has been in a bearish trend for the past few months, and things took another negative turn this week. The total cryptocurrency market cap has dropped below $900 billion, down by more than $2.2 trillion from the all-time high attained in November 2021. 

At press time, the total market cap stands below the $900 billion region. Bitcoin and the other major cryptocurrencies have recorded massive losses over the past few days.

Bitcoin is trading just above the $21k support level, while Ether risks dropping below $1,000 if the bearish trend continues. 

IMX, the native token of the Immutable X ecosystem, is down by more than 6% over the last 24 hours. This latest development comes despite Immutable X announcing a major partnership agreement with TurnerSportsPR.

TurnerSportsPR is a leading sports news brand and houses platforms such as Bleacher Report, TNT and TBS. 

Per the terms of the agreement, Immutable X will work with TurnerSportsPR to build blockchain games for premier sports, powered by StarkWare.

We're entering into a strategic partnership w/ @TurnerSportsPR to build blockchain games for premier sports, powered by StarkWare

Turner Sports, home to Bleacher Report, TNT, TBS, have been innovating in web3 gaming since 2017 & we're delighted to have them innovating on IMX L2. pic.twitter.com/ilmHd1MNmA

— Immutable | $IMX ⓧ (@Immutable) June 14, 2022

Key levels to watch

The IMX/USD 4-hour chart is very bearish at the moment as Immutable X has recorded huge losses in the last few days. 

The MACD line is below the neutral zone, indicating bearish momentum. The 14-day RSI of 36 shows that IMX could soon enter the oversold region.

At press time, Immutable X is trading at $0.68 per coin. If the bearish trend continues, IMX could drop below the $0.55 resistance level over the next few hours.

Unless there is a massive selloff, IMX should stay above the $0.50 psychological level in the near term.

The post Immutable X is down by more than 6% despite TurnerSportsPR partnership appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Eight Hours (EHRT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -1.70 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0092593 (-100%)

partnership immutable despite turnersportspr down hours coinjournal

Источник: coinjournal.net

partnership immutable → Результатов: 14


Фото:

ESL Gaming And Immutable Partner Up To Launch NFT Collectible Platform

Immutable X and ESL Gaming are thrilled to announce their new partnership to provide power carbon neutral and gas-free trading of ESL Pro Tour NFTs for its soon-to-be-launched esports platform. As per the announcement, the partnership will allow ESL Gaming to evolve their audiences’ experience by developing NFTs through Immutable X. The company plans to […]

2021-10-29 00:47


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto fear and greed index dive as focus shifts to Vantard

The crypto fear and greed index continued falling, reaching its neutral zone of 56, as most coins retreated.   Bitcoin moved to $68,000, much lower than this month’s high of $73,500. Similarly, Ethereum token fell to $2,400, while the total market cap of all cryptocurrencies dropped to $2.

Why experts are backing cryptos like Vantard, MEW, and Popcat

Cryptocurrency prices are doing well this year, with most of them outperforming traditional assets like the S&P 500, Nasdaq 100, and the Dow Jones. These indices have all jumped by over 15%, while Bitcoin has risen by almost 60%, and is hovering near its all-time high.

Growing number of Solana and Cardano investors are investing heavily in this utility token under $0.08

A growing number of smart money crypto investors are shifting their focus from Solana (SOL) and Cardano (ADA) to an emerging utility token priced under $0.08. The Rexas Finance token offers a unique value proposition with strong use cases in decentralized finance (DeFi) and real-world asset tokenization, making it an attractive alternative to more volatile […] The post Growing number of Solana and Cardano investors are investing heavily in this utility token under $0.08 appeared first on CoinJournal.