$CFX / USDC: August 4, 2025 🚀
Conflux (CFX) demonstrates resilience in the CFX/USDC pair, trading at around ~$0.20989, which is -3.04% lower over the last 24 hours, with a market capitalization of ~$1.07 billion (TradingView). Despite the daily decline, CFX shows a growth of 12.24% over the week and an impressive jump of 190.88% over the month, outpacing many competitors. The hourly chart indicates a descending channel, but a breakout above $0.2273 could target resistance at $0.2467. Support is held at $0.1736; a break below may signal further correction. Conflux's hybrid PoW/PoS blockchain maintains its appeal for scalable dApps, and recent updates fuel optimism. RSI (89.88) indicates overbought conditions, so caution is needed. Traders are eyeing the $0.15-$0.13 zone for long positions. Be careful, monitor the volume, and do your own analysis! 📊