Main Points:
- Bitcoin rose to a multi-week high before pulling back
- Ethereum also saw a rise in price
- Neiro and Immutable X experienced significant gains
- Increased NFT sales on Immutable network
- Arkham token rallied to its highest level since July
Cryptocurrency Price Action Analysis
Cryptocurrency prices remained relatively stable on Sep. 23, with Bitcoin and Ethereum showing slight gains. Neiro and Immutable X also experienced significant price surges, while NFT sales on the Immutable network saw a notable increase. Arkham token’s price rebounded after forming a bullish chart pattern, signaling potential for further gains.
Immutable X Gaming Network Growth
Immutable X, a layer-2 network for gaming and NFTs, saw a surge in price due to its increasing popularity among game developers. The launch of new games on the network, including Immortal Rising 2, RavenQuest Phase 2, The Tree Verse, and Arise, contributed to the rise in NFT sales on the platform. Total sales on Immutable rose by over 16% in the past week, led by Guild of Guardians Heroes.
Arkham Token Performance Analysis
Arkham token saw a significant price increase, reaching its highest level since July. The token’s price rebounded after forming a double-bottom chart pattern, a bullish sign in technical analysis. With Arkham price rising above its neckline at $1.40, further gains are anticipated in the near future.
