conflux
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Conflux price analysis for today (March 04, 2025) :
The current price of Conflux (CFX) is $0.0996, price is down by -15.87% in the last 24 hours. CFX is currently available on 31 exchanges and in past 24 hours, 569,987,922 CFX coins have been exchanged, which equals $56,755,197 in a trading volume.
Today, Conflux (CFX) opened at $0.1028. It's down by -3.15% from the opening price. From the maximum price of the last 30, and 7 days it's value is down by -39.66% and -19.19%, and from the minimum recorded price in the same timeframe it's up by only 1.02% and down by -4.86%.
According to our analysis, CFX needs to stay above $0.0816 to potentially move towards the first major resistance level at $0.1113. Breaking above $0.1113, could see CFX rise to the next resistance level at $0.1347. The third resistance is at $0.1536.
If the price drops, the first support level to watch is $0.0816. If this level does not hold, a further decline to the next support level at $0.0516 is possible.
#CFX #conflux $CFX
The current price of Conflux (CFX) is $0.0996, price is down by -15.87% in the last 24 hours. CFX is currently available on 31 exchanges and in past 24 hours, 569,987,922 CFX coins have been exchanged, which equals $56,755,197 in a trading volume.
Today, Conflux (CFX) opened at $0.1028. It's down by -3.15% from the opening price. From the maximum price of the last 30, and 7 days it's value is down by -39.66% and -19.19%, and from the minimum recorded price in the same timeframe it's up by only 1.02% and down by -4.86%.
According to our analysis, CFX needs to stay above $0.0816 to potentially move towards the first major resistance level at $0.1113. Breaking above $0.1113, could see CFX rise to the next resistance level at $0.1347. The third resistance is at $0.1536.
If the price drops, the first support level to watch is $0.0816. If this level does not hold, a further decline to the next support level at $0.0516 is possible.
#CFX #conflux $CFX
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$CFX
The BitUnion prepaid card launched by Conflux (CFX) in collaboration with Asia's top e-commerce platform Smile Shop is indeed a significant development, allowing users to make global digital asset payments in 183 countries and regions. This prepaid card adopts the UnionPay International USD prepaid card framework and is the first crypto UnionPay card. Users can utilize the BitUnion prepaid card for top-ups, online shopping, in-store shopping, and cash withdrawals globally. Additionally, the card can be linked with popular third-party payment platforms such as Alipay and WeChat Pay, with transactions settled at real-time exchange rates between local currencies and USD. The BitUnion prepaid card, as a key product of the Conflux PayFi ecosystem, integrates a security certification system experienced in traditional finance, ensuring the safety and compliance of user data, and has obtained the highest levels of financial security certifications such as 3DS and PCI-DSS, fully safeguarding cardholder payment security. Through this card, digital asset transactions and transfers within the Conflux network are supported, overcoming the limitations of traditional payment infrastructure using the blockchain-based PayFi system. The Conflux Foundation has invested 500 million CFX to promote the growth of this ecosystem.
#CFX. #conflux
The BitUnion prepaid card launched by Conflux (CFX) in collaboration with Asia's top e-commerce platform Smile Shop is indeed a significant development, allowing users to make global digital asset payments in 183 countries and regions. This prepaid card adopts the UnionPay International USD prepaid card framework and is the first crypto UnionPay card. Users can utilize the BitUnion prepaid card for top-ups, online shopping, in-store shopping, and cash withdrawals globally. Additionally, the card can be linked with popular third-party payment platforms such as Alipay and WeChat Pay, with transactions settled at real-time exchange rates between local currencies and USD. The BitUnion prepaid card, as a key product of the Conflux PayFi ecosystem, integrates a security certification system experienced in traditional finance, ensuring the safety and compliance of user data, and has obtained the highest levels of financial security certifications such as 3DS and PCI-DSS, fully safeguarding cardholder payment security. Through this card, digital asset transactions and transfers within the Conflux network are supported, overcoming the limitations of traditional payment infrastructure using the blockchain-based PayFi system. The Conflux Foundation has invested 500 million CFX to promote the growth of this ecosystem.
#CFX. #conflux
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[BTC L2, Mirror L2 test network will be online within a week, start playing~]
Seed round investment from UTXO (Bitcoin Magazine Investment Department), Conflux and IMO Ventures, with team members from Microsoft, Google, MIT, Tsinghua Yao Class, Conflux, etc.;
It is very early stage. The test network has been launched recently. Now let’s do the tasks to receive the airdrop. It should be a big profit.
Of course, if you have 1 BTC pledged, you can run for the node.
Mission entrance:
https://mirrorl2.com/?WFfFv3hU
[Four steps to earn points]
1. Retweet and earn 3 points;
2. Voting: cast 30 votes and earn 10 points;
3. Invite others and earn points;
4. Participate in the test network and earn points.
#conflux #CFX #BTC #BTCLayer2
Seed round investment from UTXO (Bitcoin Magazine Investment Department), Conflux and IMO Ventures, with team members from Microsoft, Google, MIT, Tsinghua Yao Class, Conflux, etc.;
It is very early stage. The test network has been launched recently. Now let’s do the tasks to receive the airdrop. It should be a big profit.
Of course, if you have 1 BTC pledged, you can run for the node.
Mission entrance:
https://mirrorl2.com/?WFfFv3hU
[Four steps to earn points]
1. Retweet and earn 3 points;
2. Voting: cast 30 votes and earn 10 points;
3. Invite others and earn points;
4. Participate in the test network and earn points.
#conflux #CFX #BTC #BTCLayer2
BOOMMMM !!!!!
$CFX conflux network GO TO THE MOON 🚀🚀🚀🚀🚀🚀!!!!!!!
i was sharing about signals to TAKE LONG POSITION at $CFX this morning at price 0,15839.
And now you can check currency price is 0,16428.
congrats for our follower who followed our signals to take long position at $CFX conflux network .
#CFX #conflux #Write2Earn #write2earn🌐💹 #signals
$CFX conflux network GO TO THE MOON 🚀🚀🚀🚀🚀🚀!!!!!!!
i was sharing about signals to TAKE LONG POSITION at $CFX this morning at price 0,15839.
And now you can check currency price is 0,16428.
congrats for our follower who followed our signals to take long position at $CFX conflux network .
#CFX #conflux #Write2Earn #write2earn🌐💹 #signals
$CFX conflux network TAKE LONG POSITION NOW (0,15839)
SL 0,15319
$CFX potential for continue bullish moments ( pump) after break our previous resistance area at range level 0,13462( check picture attachment ).
meanwhile our support area $CFX at range level 0,12292.
Based our naked price action strategy this coin show double white soldiers candlestick formation pattern .
When coin breakout mostly this coin Will continue higher ( pump ). this is our reason for placed LONG POSITION at this coin.
#CFX #conflux #Write2Earn #write2earn🌐💹 #signals
SL 0,15319
$CFX potential for continue bullish moments ( pump) after break our previous resistance area at range level 0,13462( check picture attachment ).
meanwhile our support area $CFX at range level 0,12292.
Based our naked price action strategy this coin show double white soldiers candlestick formation pattern .
When coin breakout mostly this coin Will continue higher ( pump ). this is our reason for placed LONG POSITION at this coin.
#CFX #conflux #Write2Earn #write2earn🌐💹 #signals
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$CFX
Digital payment company WSPN and high-performance public chain Conflux announced a strategic cooperation to jointly promote the development of the global stablecoin ecosystem. WSPN's flagship stablecoin WUSD will be officially launched on Conflux, and both parties will jointly promote the widespread application of WUSD on the Conflux network. WSPN will build a WUSD stablecoin ecosystem on the Conflux network and develop diversified application scenarios. Conflux will provide high-performance, low-cost blockchain infrastructure support for WUSD.
The focus of the cooperation includes three aspects:
1. Leverage Conflux's technical advantages to expand WUSD's multi-chain ecosystem and enhance its global availability.
2. Cooperate with major trading platforms to launch CFX/WUSD trading pairs to enhance WUSD liquidity.
3. Integrate WUSD into various DApps in the Conflux ecosystem, covering trading, payment, lending and other fields.
This cooperation aims to provide more convenient decentralized financial services and promote the vigorous development of both ecosystems. #CFX. #cfx #CFX.智能策略库 #CFX.24小时交易策略 #conflux
Digital payment company WSPN and high-performance public chain Conflux announced a strategic cooperation to jointly promote the development of the global stablecoin ecosystem. WSPN's flagship stablecoin WUSD will be officially launched on Conflux, and both parties will jointly promote the widespread application of WUSD on the Conflux network. WSPN will build a WUSD stablecoin ecosystem on the Conflux network and develop diversified application scenarios. Conflux will provide high-performance, low-cost blockchain infrastructure support for WUSD.
The focus of the cooperation includes three aspects:
1. Leverage Conflux's technical advantages to expand WUSD's multi-chain ecosystem and enhance its global availability.
2. Cooperate with major trading platforms to launch CFX/WUSD trading pairs to enhance WUSD liquidity.
3. Integrate WUSD into various DApps in the Conflux ecosystem, covering trading, payment, lending and other fields.
This cooperation aims to provide more convenient decentralized financial services and promote the vigorous development of both ecosystems. #CFX. #cfx #CFX.智能策略库 #CFX.24小时交易策略 #conflux
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[Tutorial on crossing bCFX from BSC chain to Conflux espace, two ways]:
Article 1: Go to the cross-chain alliance and directly cross bCFX;
Click the URL below to link the BSC chain wallet and the conflux espace wallet, and directly cross bCFX to espace to become CFX;
https://confluxhub.io/espace-bridge/espace-cross-chain
Article 2: Use meson, first cross other currencies, and then exchange for CFX in swappi;
First cross USDT, USDC or BNB from BSC chain to conflux espace,
Then, redeem CFX in swappi.
https://meson.fi/
https://app.swappi.io/#/swap
#铭文 #conflux #sats #cfx
Article 1: Go to the cross-chain alliance and directly cross bCFX;
Click the URL below to link the BSC chain wallet and the conflux espace wallet, and directly cross bCFX to espace to become CFX;
https://confluxhub.io/espace-bridge/espace-cross-chain
Article 2: Use meson, first cross other currencies, and then exchange for CFX in swappi;
First cross USDT, USDC or BNB from BSC chain to conflux espace,
Then, redeem CFX in swappi.
https://meson.fi/
https://app.swappi.io/#/swap
#铭文 #conflux #sats #cfx
🚀 #conflux ($CFX ) Breaks $0.08: What’s Next?
#conflux ($CFX ) has crossed the $0.08 mark, currently trading at $0.083965. Let’s dive into the next potential moves.
📊 Key Price Levels
Immediate Resistance:
$0.085 🎯
Next Targets:
$0.090
$0.095
$0.10 🚀
📈 Trading Approach
Buy Zone: Consider accumulating around $0.080 - $0.082.
Breakout Signal: A move past $0.085 with strong volume could confirm further upside.
Stop-Loss: Placed at $0.078 to limit downside risk. ⚠️
🔍 Indicators to Monitor
RSI (Relative Strength Index): Nearing overbought territory—watch for either a breakout or a pullback. 🔥
Volume Trends: Rising buying pressure supports bullish momentum. 📊
Moving Averages: A bullish crossover may indicate continued strength. 📈
With momentum building, can CFX surge toward $0.10 and beyond? Let’s discuss! 👇🔥
Buy and Trade $CFX coin here 👇
#conflux ($CFX ) has crossed the $0.08 mark, currently trading at $0.083965. Let’s dive into the next potential moves.
📊 Key Price Levels
Immediate Resistance:
$0.085 🎯
Next Targets:
$0.090
$0.095
$0.10 🚀
📈 Trading Approach
Buy Zone: Consider accumulating around $0.080 - $0.082.
Breakout Signal: A move past $0.085 with strong volume could confirm further upside.
Stop-Loss: Placed at $0.078 to limit downside risk. ⚠️
🔍 Indicators to Monitor
RSI (Relative Strength Index): Nearing overbought territory—watch for either a breakout or a pullback. 🔥
Volume Trends: Rising buying pressure supports bullish momentum. 📊
Moving Averages: A bullish crossover may indicate continued strength. 📈
With momentum building, can CFX surge toward $0.10 and beyond? Let’s discuss! 👇🔥
Buy and Trade $CFX coin here 👇
$CFX is making an attempt! 🔥 Testing Resistance, Breakout Imminent? 🚀🎯
$CFX is currently trading at $0.0740, showing a modest gain of 3.35% and labeled as a "Layer 1 / Layer 2" token. The chart indicates it's testing a key resistance level. The 24h high is $0.0744, and the 24h volume is decent at 61.92M CFX and 4.47M USDT, suggesting some buying pressure as it approaches this barrier. A successful break could lead to further upward movement.
Key Resistance Level:
🛑 $0.0745 - $0.0750 (the 24h high and a potential area of selling pressure)
$CFX Potential Bullish Breakout Targets (if resistance is overcome):
🎯 Short-term: $0.0760 - $0.0770
🎯 Mid-term: $0.0780 - $0.0800 (previous swing highs)
Important Support Levels to Watch if it fails to break resistance:
🛡️ $0.0730 - $0.0735 (near-term support)
🛡️ $0.0720 (stronger support level)
#cfx is at a crucial point. A break above the $0.0750 level with good volume would signal strong bullish continuation. Keep a close watch on how it interacts with this resistance! #Conflux
$CFX is currently trading at $0.0740, showing a modest gain of 3.35% and labeled as a "Layer 1 / Layer 2" token. The chart indicates it's testing a key resistance level. The 24h high is $0.0744, and the 24h volume is decent at 61.92M CFX and 4.47M USDT, suggesting some buying pressure as it approaches this barrier. A successful break could lead to further upward movement.
Key Resistance Level:
🛑 $0.0745 - $0.0750 (the 24h high and a potential area of selling pressure)
$CFX Potential Bullish Breakout Targets (if resistance is overcome):
🎯 Short-term: $0.0760 - $0.0770
🎯 Mid-term: $0.0780 - $0.0800 (previous swing highs)
Important Support Levels to Watch if it fails to break resistance:
🛡️ $0.0730 - $0.0735 (near-term support)
🛡️ $0.0720 (stronger support level)
#cfx is at a crucial point. A break above the $0.0750 level with good volume would signal strong bullish continuation. Keep a close watch on how it interacts with this resistance! #Conflux
$CFX 🚀 CFX Token Alert! Bullish Opportunity Emerging! 🚀
The crypto market is presenting a compelling buying opportunity, and CFX tokens are looking particularly attractive right now! Currently trading within the 95k-100k zone, and nearing the 95k support level, this is a prime time to consider adding CFX to your portfolio. 💰
Why CFX Now?
* Market Correction: The recent dip in the market has created an excellent entry point for CFX. Buying low positions you for significant potential gains as the market rebounds. 📈
* Strategic Advantage: With the market expected to climb back towards 100k, purchasing CFX now maximizes your potential returns. You're getting in at a discounted price before the anticipated upswing. 🎯
* CFX Fundamentals: CFX has strong underlying technology and a growing ecosystem. This current dip provides a chance to accumulate a promising asset at a great value. ✨
Don't Hesitate!
This type of opportunity doesn't come around every day. Take advantage of the current market conditions and strategically position yourself for potential profits with CFX. The potential upside is substantial! ⏳
#CFX #Crypto #BuyTheDip #InvestSmart #Altcoins #Blockchain #FinancialFreedom #Opportunity #MarketAnalysis #CryptoGems #CFXToken #conflux
The crypto market is presenting a compelling buying opportunity, and CFX tokens are looking particularly attractive right now! Currently trading within the 95k-100k zone, and nearing the 95k support level, this is a prime time to consider adding CFX to your portfolio. 💰
Why CFX Now?
* Market Correction: The recent dip in the market has created an excellent entry point for CFX. Buying low positions you for significant potential gains as the market rebounds. 📈
* Strategic Advantage: With the market expected to climb back towards 100k, purchasing CFX now maximizes your potential returns. You're getting in at a discounted price before the anticipated upswing. 🎯
* CFX Fundamentals: CFX has strong underlying technology and a growing ecosystem. This current dip provides a chance to accumulate a promising asset at a great value. ✨
Don't Hesitate!
This type of opportunity doesn't come around every day. Take advantage of the current market conditions and strategically position yourself for potential profits with CFX. The potential upside is substantial! ⏳
#CFX #Crypto #BuyTheDip #InvestSmart #Altcoins #Blockchain #FinancialFreedom #Opportunity #MarketAnalysis #CryptoGems #CFXToken #conflux
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👀 Breaking news, Conflux's chief scientist was praised by a great leader!
Conflux's chief scientist and the university mentor of the core team members: Academician Yao Qizhi, recently received a reply from the leader and was praised by name.
I don't believe that Mr. Yao doesn't have $CFX . On the contrary, he may still be a large holder. The current coin price has also fallen to a certain point. The project party doesn't use this topic to hype it up?
Just do a little bit and treat it as buying a lottery ticket, DYOR🤣
#conflux #CFX
Conflux's chief scientist and the university mentor of the core team members: Academician Yao Qizhi, recently received a reply from the leader and was praised by name.
I don't believe that Mr. Yao doesn't have $CFX . On the contrary, he may still be a large holder. The current coin price has also fallen to a certain point. The project party doesn't use this topic to hype it up?
Just do a little bit and treat it as buying a lottery ticket, DYOR🤣
#conflux #CFX
$CFX Short Liquidation Alert 🟢
⚡ $7.7356K liquidated at $0.20147, as Conflux bulls dominate, forcing short sellers to cover in a major squeeze!
🔍 What’s Happening?
CFX, the blockchain bridging East and West, is making waves with a strong upward move.
Short sellers miscalculated, leading to a cascade of liquidations as buying pressure surged.
📈 Key Drivers:
Renewed interest in CFX’s potential for global adoption?
Strategic whale plays capitalizing on market conditions?
💡 Pro Tip:
Volatility is the name of the game. Avoid overleveraging in unpredictable markets, especially when bullish momentum picks up steam.
🌟 What’s Next?
Can CFX maintain this upward trajectory, or will sellers regroup for a comeback? Share your thoughts and let’s discuss!
#CryptoNews #CFX #Conflux #ShortSqueeze #Trading
⚡ $7.7356K liquidated at $0.20147, as Conflux bulls dominate, forcing short sellers to cover in a major squeeze!
🔍 What’s Happening?
CFX, the blockchain bridging East and West, is making waves with a strong upward move.
Short sellers miscalculated, leading to a cascade of liquidations as buying pressure surged.
📈 Key Drivers:
Renewed interest in CFX’s potential for global adoption?
Strategic whale plays capitalizing on market conditions?
💡 Pro Tip:
Volatility is the name of the game. Avoid overleveraging in unpredictable markets, especially when bullish momentum picks up steam.
🌟 What’s Next?
Can CFX maintain this upward trajectory, or will sellers regroup for a comeback? Share your thoughts and let’s discuss!
#CryptoNews #CFX #Conflux #ShortSqueeze #Trading
Conflux to launch Bitcoin L2, testnet expected by March
Conflux Network introduced an EVM-compatible layer-2 solution that can interact with Bitcoin amid growing interest in crypto’s largest blockchain.
According to Conflux, users can move Bitcoin (BTC) and inscription-powered assets between its blockchain and Bitcoin’s ecosystem. The new L2 network will run atop the main Conflux chain and use BTC for gas fees while supporting Ethereum-based smart contracts via the Ethereum Virtual Machine (EVM) standard.
A mainnet is expected to roll out by May if all goes to plan. Before that, a testnet teased by the end of March will look to capture early users and developer activity.
Conflux is a China-based layer-1 network that unites proof-of-stake and proof-of-work blockchain models in its operations. Its BTC L2 solution will also rely on a similar design to offer new dapps and products, a Jan. 18 blog post explained.
#TrendingTopic #MANTA #BTC #ARB #conflux
Conflux Network introduced an EVM-compatible layer-2 solution that can interact with Bitcoin amid growing interest in crypto’s largest blockchain.
According to Conflux, users can move Bitcoin (BTC) and inscription-powered assets between its blockchain and Bitcoin’s ecosystem. The new L2 network will run atop the main Conflux chain and use BTC for gas fees while supporting Ethereum-based smart contracts via the Ethereum Virtual Machine (EVM) standard.
A mainnet is expected to roll out by May if all goes to plan. Before that, a testnet teased by the end of March will look to capture early users and developer activity.
Conflux is a China-based layer-1 network that unites proof-of-stake and proof-of-work blockchain models in its operations. Its BTC L2 solution will also rely on a similar design to offer new dapps and products, a Jan. 18 blog post explained.
#TrendingTopic #MANTA #BTC #ARB #conflux
$CFX is a unique Layer-1 blockchain that offers high throughput, security, and interoperability. By combining Proof-of-Work and Tree-Graph consensus mechanisms, Conflux can process a large number of transactions per second. This makes it suitable for a wide range of decentralized applications, including DeFi, NFTs, gaming, and supply chain management.
With its strong technical foundation and growing ecosystem, Conflux has the potential to become a major player in the blockchain industry.
to the moon sooon 🔥🔥🔥
#Conflux #CFX #ThanksgivingBTCMoves #ThanksgivingBTCMoves #NFT
With its strong technical foundation and growing ecosystem, Conflux has the potential to become a major player in the blockchain industry.
to the moon sooon 🔥🔥🔥
#Conflux #CFX #ThanksgivingBTCMoves #ThanksgivingBTCMoves #NFT
CFX Ready For a Massive Move Above Or Not? Key Levels to Watch🎯🔥💥
$CFX
Yello, Paradisers! Has #Conflux just kicked off its next bullish run or is this a fakeout waiting to trap traders? Let’s dive into the latest move in #CFXUSDT :
💎#CFX has recently broken out above the descending resistance of the broadening wedge—a major technical milestone. This breakout signals potential bullish momentum, with the price now eyeing key resistance zones for confirmation of a sustained move upward.
💎The immediate challenge for #Conflux lies at the $0.26-$0.29 supply wall. A daily candle close above this level would validate the breakout and likely trigger an extended bullish rally. Beyond this, the next target sits at the $0.4500–$0.5500 major resistance zone, where stronger profit-taking and selling pressure are expected.
💎If #CFXUSD manages to conquer the $0.2900 barrier, bullish momentum could carry it toward $0.6500 or even higher, establishing a new trend for long-term traders. Keep an eye on volume—an uptick in buying activity would confirm the strength of this breakout. In case of a pullback, immediate support lies at $0.1720, with a critical demand zone around $0.1356. As long as CFX holds above these levels, the bullish structure remains intact, and any dip into this zone could present an attractive re-entry point for buyers.
💎If #CFX closes below $0.1356, this would invalidate the bullish breakout, signaling potential downside. Such a scenario could drive prices toward $0.1000 or lower, erasing recent gains and catching overleveraged bulls off guard.
Stay focused, patient, and disciplined, Paradisers🥂
Yello, Paradisers! Has #Conflux just kicked off its next bullish run or is this a fakeout waiting to trap traders? Let’s dive into the latest move in #CFXUSDT :
💎#CFX has recently broken out above the descending resistance of the broadening wedge—a major technical milestone. This breakout signals potential bullish momentum, with the price now eyeing key resistance zones for confirmation of a sustained move upward.
💎The immediate challenge for #Conflux lies at the $0.26-$0.29 supply wall. A daily candle close above this level would validate the breakout and likely trigger an extended bullish rally. Beyond this, the next target sits at the $0.4500–$0.5500 major resistance zone, where stronger profit-taking and selling pressure are expected.
💎If #CFXUSD manages to conquer the $0.2900 barrier, bullish momentum could carry it toward $0.6500 or even higher, establishing a new trend for long-term traders. Keep an eye on volume—an uptick in buying activity would confirm the strength of this breakout. In case of a pullback, immediate support lies at $0.1720, with a critical demand zone around $0.1356. As long as CFX holds above these levels, the bullish structure remains intact, and any dip into this zone could present an attractive re-entry point for buyers.
💎If #CFX closes below $0.1356, this would invalidate the bullish breakout, signaling potential downside. Such a scenario could drive prices toward $0.1000 or lower, erasing recent gains and catching overleveraged bulls off guard.
Stay focused, patient, and disciplined, Paradisers🥂
CFX Neutral Zone🚨🚨🚨
$CFX
Updated price action has given me a neutral bias for CFX.
The pullback was deep, and we are looking at 2 scenarios:
Bullish: Leading diagonal which would take wave 5 to the mid-0.30's.Bearish: A breakdown of the bottom ascending trendline for a new lower low.
While we are between the bottom ascending trendline and the solid green resistance, I don't see any trades to be taken.
📊NEUTRAL: $CFX (1D)
#CFXUSDT | #CFX | #Conflux
Current Price $0.16
Market Cap $777.70M
Change 1h -2.56% | 24h +8.77%
Daily Indicators:
• RSI: 37 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.19 - Trading Below 🔴
Analysis:
CFX is in a neutral zone after a deep pullback. We’re watching two scenarios: a bullish wave 5 could push the price to the mid-$0.30s, or a bearish breakdown might lead to a new lower low beyond current levels.
Price Targets:
If bullish, aim for mid-$0.30s. If bearish, watch for a dip below $0.16, possibly diving to $0.12 or lower. Let's see which way the wind blows!
Conflux's community
Updated price action has given me a neutral bias for CFX.
The pullback was deep, and we are looking at 2 scenarios:
Bullish: Leading diagonal which would take wave 5 to the mid-0.30's.Bearish: A breakdown of the bottom ascending trendline for a new lower low.
While we are between the bottom ascending trendline and the solid green resistance, I don't see any trades to be taken.
📊NEUTRAL: $CFX (1D)
#CFXUSDT | #CFX | #Conflux
Current Price $0.16
Market Cap $777.70M
Change 1h -2.56% | 24h +8.77%
Daily Indicators:
• RSI: 37 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.19 - Trading Below 🔴
Analysis:
CFX is in a neutral zone after a deep pullback. We’re watching two scenarios: a bullish wave 5 could push the price to the mid-$0.30s, or a bearish breakdown might lead to a new lower low beyond current levels.
Price Targets:
If bullish, aim for mid-$0.30s. If bearish, watch for a dip below $0.16, possibly diving to $0.12 or lower. Let's see which way the wind blows!
Conflux's community
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