$CFX Today's CFX Analysis and Weekly Predictions: Has Accumulation Started?
The #CFX currency saw sideways movement today, confined between $0.20 and $0.22, amidst clear volatility in liquidity and market hesitation to take a decisive direction. This range indicates a potential accumulation phase before a stronger movement that may become clear in the coming days.
🔍 Technically, the currency has maintained support at $0.20 well, which gives some confidence to speculators. On the other hand, it has not yet succeeded in breaking through resistance at $0.22, making the level of $0.223 - $0.225 key for any upcoming ascent.
🔮 Predictions for this week:
• If $0.225 is firmly broken, we may witness a gradual rise towards $0.24 and possibly $0.26.
• However, if support at $0.20 is broken, the currency may return to test the areas of $0.188 - $0.19.
💡 Monitoring technical and community news about the Conflux project is very important right now, especially as the market enters a general anticipation phase!!
