Conflux Price Forecast $CFX
August 19
The last price of one Conflux coin is $0.1662. Over the past 24 hours, it has decreased by 3%. 49.54% of the days the CFX price closed above the opening price. The highest CFX price ever recorded in our database is $0.5100. It was recorded 1 year and 4 months ago (March 25, 2024). Currently, the price has decreased by 67.41% from this peak.
Based on 17 technical indicators, 9 buy signals, and 6 sell signals, technical analysis of prices suggests a bullish sentiment in the short term. The first significant resistance of the upward trend for CFX is at the level of $0.1736. To continue rising, it needs to close above this level. The lower support is at $0.1536. Thus, if the price drops below $0.1536, we may see further price declines. If CFX closes above $0.1736, it may rise to the next resistance level at $0.2081.
The 14-day Relative Strength Index (RSI) currently stands at 28.06, indicating an oversold condition, and oversold conditions signal that the price may rise in the near future.
