Bulls Are Exerting Pressure on IMPTUSDT Market

Price is climbing towards $0.0039

IMPT (IMPTUSDT) Price Analysis – 18 March

The cost is increasing at the moment. If merchandisers keep up their pressure, the market can break below the critical support level of $0.0030 and drop to lows of $0.0024 and $0.0025. When they strengthen and break through the $0.0035 resistance level, buyers might move into the $0.0039 and $0.0043 sectors.

IMPTUSDT Market

Key Levels:

Resistance levels: $0.0029, $0.0035, $0.0039

Support levels: $0.0024, $0.00250, $0.00150

IMPTUSDT Long-term Trend: Bullish

The IMPTUSDT market has been dominated by purchasers since the beginning of the year, and demand is rising. The price bottomed out at the $0.0024 support level and is now climbing from the previously mentioned level. As the bulls gained strength, the price overtook the $0.0030 hedge position. Following the withdrawal, it restated the initial stance. It is attempting to surpass the $0.0035 target after reaching the $0.0030 milestone.

The daily chart indicates that buyers control the market. The price action has produced a double bottom pattern on the daily chart. The cost is increasing at the moment. If merchandisers keep up their pressure, the market can break below the critical support level of $0.0030 and drop to lows of $0.0024 and $0.0025. When they strengthen and break through the $0.0035 resistance level, buyers might move into the $0.0039 and $0.0043 sectors. When the QQE MOD’s histogram is larger than zero, it indicates a buy signal.

IMPTUSDT Medium-term Trend: Bullish

The 4-hour map plan indicates that IMPT is running effectively. The bulls have been exerting pressure on the cryptocurrency’s performance on the 4-hour map by adhering to the long-term connection path. The price keeps rising. Soon, we’ll examine the $0.0035 resistance level. The purchasers’ drive stopped the merchandisers, and it is currently pushing for the $0.0035 level.

Buyers appear to be in control as the price is trading above the Hull suite crypto signal. When the QQE MOD crosses the zero line, a purchase signal is given.

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