$CFX 8 August

Based on 17 technical indicators, 11 buy signals and 2 sell signals, the technical analysis of prices suggests a bullish sentiment in the short term. The first significant resistance level of the upward trend for CFX is at $0.2273. To continue the upward movement, it is necessary to close above this level. The lower support is at $0.2081. Thus, if the price drops below $0.2081, we may see further price decline. If CFX closes above $0.2273, it could rise to the next resistance level at $0.2467.

The 14-day Relative Strength Index (RSI) currently stands at 57.17, indicating neutral conditions, meaning the market is neither overbought nor oversold.

On the daily chart, the exponential moving averages are giving a bullish signal. The price of Conflux is currently above all the 10-, 20-, 50-, 100-, and 200-day EMAs.$BB $BMT #CFX