The pair $CFX/USD is capturing the attention of traders and blockchain ecosystem enthusiasts due to the sustained growth of Conflux Network. This project, focused on scalability and interoperability, has positioned itself as a competitive option for developers looking to build fast decentralized applications with low fees.
Currently, the pair $CFX is moving in an interesting technical zone, with support close to $0.15 USD and resistance around $0.20 USD. A breakout with volume above that barrier could open the door to a rally towards higher levels, especially if interest in the network and its integrations with Web3 projects continues to grow.
Could this be the time to accumulate $CFX before a possible breakout? The community and on-chain data seem to suggest that the bullish trend still has room to develop.