The trading interface for the $CFX /USDT pair on Binance presents a clear snapshot of Conflux's recent market activity. At a current price of 0.1865 USDT (approximately Rs 52.82), CFX has experienced a notable 11.61% gain over the past 24 hours. This positive movement suggests growing investor interest or favorable market sentiment around the token. The 24-hour price range shows a low of 0.1643 USDT and a high of 0.1999 USDT, indicating significant volatility that may appeal to short-term traders looking for quick opportunities.
From a technical perspective, the moving averages offer useful insights into the trend direction. The MA(7) at 0.1814 USDT, being higher than both the MA(25) and MA(99) (at 0.1734 and 0.1746 respectively), indicates a short-term bullish momentum. This alignment often suggests that the price is trending upward in the near term. Meanwhile, the substantial 24-hour trading volume — 276.55 million for CFX and 50.42 million for USDT — reflects strong market participation and liquidity. These factors combined paint a picture of a token currently in an upward swing, backed by both volume and technical indicators.