$CFX

Conflux (CFX) is trading at $0.2106 with a 0.3% increase in the last 24 hours. The market capitalization stands at $1.08 billion, ranking #103 on CoinGecko. The 24-hour trading volume is $304.4 million, showing a 12.1% price increase in the past 7 days.

Key Levels

Support: $0.2073

Resistance: $0.2203

Recent Developments

Conflux price strongly rebounded ahead of its September upgrade, reaching a $1.1 billion market cap.

The upgrade is expected to improve network security and scalability.

Trading Pairs

CFX/USDT: Available on top exchanges like Gate, OKX, and Binance, with a 24-hour trading volume of $61.5 million on Gate.

CFX/TRY: Available on Binance with a 24-hour trading volume of $7.78 million.

Technical Indicators

Relative Strength Index (RSI): Not available, but the recent price increase suggests a bullish trend.

Market Structure: Bullish momentum building with a potential breakout above $0.23 resistance.

Future Prospects

Conflux's hybrid PoW/PoS consensus and regulatory compliance in China make it an attractive option for building projects and expanding into Asia. With a strong rebound and upcoming upgrade, CFX might explode past $0.23 resistance, targeting higher levels ¹.