U.S. September CPI Falls Short of Market Predictions
CPI Report Overview: The U.S. September core CPI increased by 0.2%, falling short of the expected 0.3%, which may lead to recalibrations in economic forecasts and impact investor behavior in the crypto market.
Market Reactions: Following the CPI announcement, Binance experienced significant inflows of $33 million in USDT, indicating active investor engagement and potential anticipation of market adjustments.
Crypto Volatility Expectations: The deviation in CPI figures is expected to heighten market volatility, as past discrepancies have often led to notable trading activity spikes in the cryptocurrency sector.
Regulatory Implications: Financial insights suggest that the underperformance of the CPI could prompt regulatory adjustments and altered fiscal strategies, impacting the broader economic landscape.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX) As of , Immutable (IMX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for IMX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, IMX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0483 | 0.0886 | 0.132 | 0.172 | 0.215 | 0.255 | 0.298 |
| Fibonacci | 0.0886 | 0.12 | 0.14 | 0.172 | 0.204 | 0.224 | 0.255 |
About IMX
About the author








