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Immutable · IMX/USDT · daily

What happens to Immutable after RSI rising above 70?

Since 2022, Immutable has shown RSI rising above 70 20 times. In the 20 cases old enough to score, the price was higher 7 days later 60% of the time, with a median move of +8.1%. On an ordinary day the median 7-day move for IMX is −1.7%.

Weak evidence46

There is a gap, but the effect reversed between the earlier and the later part of the history, so it should not be relied on.

Cases since 202220last on 6 Oct 2026
Higher after 7 days60%ordinary: 45%
Median 7-day move+8.1%ordinary: −1.7%
Could be luck15%allowing for 3,572 studies
Worst / best case−28% / +41%over 7 days
Median path after the signalMiddle half of casesOrdinary IMX drift
−30%−20%−10%0%+10%+20%+30%+40%+50% -5dsignal+7d+14d+30d
Price change relative to the close on the signal day. Based on the 20 cases with a full 30 days of history after them.

By holding period

AfterCasesHigherMedian moveMiddle halfOrdinary medianGapBy luckProof score
1 day2050%−0.3%−3.5% to +3.1%−0.3%+0.1%98%10
3 days2075%+6.5%−0.6% to +11.0%−0.8%+7.3%4.5%90
7 days2060%+8.1%−8.1% to +16.9%−1.7%+9.7%15%46
14 days2050%+2.8%−14.6% to +30.8%−3.4%+6.2%68%17
30 days2060%+8.8%−18.8% to +38.4%−6.7%+15.6%45%22

“Ordinary median” is the median move of IMX over the same number of days starting from any day. “Gap” is the signal's median minus the ordinary one. “By luck” is how often a gap at least that large comes from randomly chosen days, corrected for the 3,572 studies run at each holding period (for this study taken alone: 0.5%).

Holding it for 7 days

Typical dip on the way−8.7%ordinary IMX: −9.3%
1 case in 4 dipped past−13.4%before day 7
Fell 10% or more on the way45%ordinary: 47%
Typical best point+19.8%highest price within 7 days
Median after costs+7.8%ordinary: −2.0%
Ahead after costs60%ordinary: 44%

Dips and best points use each day's low and high, measured from the close on the signal day. Costs assume 0.3% for a round trip: a 0.1% exchange fee each way and 0.05% slippage each way.

Did it hold up over time?

Splitting the cases by date: in the earlier 12 the gap over 7 days was +14.4%, and in the later 8 it was −1.2%. The direction changed, which is what a pattern produced by chance tends to do.

Every occurrence

One square per occurrence, oldest first. Green: higher 7 days later. Red: lower. Grey: not yet 7 days old.

DateClose+1d+7d+30d
6 Oct 2026$0.1910−8.0%−7.8%−40.3%
21 Sep 2026$0.1514+2.0%+15.5%+3.0%
23 Aug 2026$0.1348−3.0%−9.0%+14.6%
17 Sep 2025$0.7520+13.3%−2.9%−34.0%
18 Jul 2025$0.5800+6.2%−2.8%+0.7%
10 May 2025$0.7760−7.5%−18.0%−30.8%
29 Nov 2024$1.93+2.3%+10.2%−29.8%
21 Sep 2024$1.65+1.8%+7.4%−6.8%
10 Feb 2024$2.78−1.2%+13.8%+31.3%
18 Dec 2023$2.16−4.4%+11.6%−5.2%
8 Dec 2023$1.59+21.5%+35.8%+19.9%
17 Nov 2023$1.18−3.2%+21.0%+68.4%

The 12 most recent. All 20 are in the open data file.

The rule

14-day RSI closes above 70 after being at or below it the day before. An RSI reading over 70 is the most widely quoted "overbought" signal in technical analysis.

Occurrences closer than 7 days to the previous one are not counted again. The signal is confirmed at the daily close (00:00 UTC) and returns are measured from that close. Full method.

The same signal on other coins

CoinCasesHigher after 7dMedianGapVerdict
VeChain3972%+11.3%+12.1%Strong evidence · leans up
COTI3358%+8.6%+9.8%Strong evidence · leans up
Curve DAO2157%+12.6%+13.2%Strong evidence · leans up
Hedera3554%+4.0%+5.2%Some evidence · leans up
Phala Network2433%−8.4%−6.9%Some evidence · leans down
The Sandbox2658%+5.6%+6.9%Some evidence · leans up
Cardano4363%+3.6%+4.4%Weak evidence
Dogecoin3855%+2.0%+3.0%Weak evidence

RSI rises above 70 across all 94 coins

Other Immutable signals

Full Immutable record

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