In the rapidly changing cryptocurrency market, some coins often quietly accumulate momentum before making explosive moves that draw the market's attention. Conflux (CFX) is gradually showing such signs. With its hybrid consensus model, strong connections in the Asian blockchain ecosystem, and recent increase in trading volume, CFX is not just another ordinary Layer-1 token amidst the noise—it is gradually becoming a potential trend candidate.
Let's analyze the current technical formation and plot possible paths for the coming days.
📊 CFX Technical Analysis (Binance 4-Hour Chart)
Current Price: 0.1824 (+7.29%)
24-hour High/Low: 0.1999 – 0.1692
Moving Average:
MA(7): 0.1823 (short-term momentum support)
MA(25): 0.1754 (mid-term benchmark)
MA(99): 0.1949 (major resistance area)
MACD: Turning positive (DIF crosses above DEA, indicating that upward momentum is accumulating).
Recently, CFX formed a swing low around 0.1643, followed by a rapid rebound to 0.1999, before falling back after hitting the resistance at MA(99). The resistance around 0.20 highlights the importance of this level—both a psychological and technical level.
🔎 Key Price Levels to Watch
Immediate Support: 0.175 – 0.182 (MA(7) & MA(25) overlapping zone)
Key Support Area: 0.164 (recent swing low)
Resistance Level:
0.195 – 0.20 (MA(99) + psychological level)
0.206 – 0.21 (next liquidity area if it breaks through 0.20)
The battlefield is clear: Bulls must hold 0.175 while continuously applying pressure on the resistance above 0.20.
📈 Bullish Scenario
Breakout Watch: If CFX can effectively close above 0.20, momentum traders may quickly push the price up to the 0.21–0.23 range.
Volume Factor: A trading volume of 344M within 24 hours indicates sufficient liquidity, which means that once it breaks through, the continuity is strong, and the probability of a false breakout is low.
Macroeconomic trend catalysts: Historically, when market narratives refocus on Asian adoption and scalable Layer-1 ecosystems, CFX's performance has often been outstanding.
📉 Bearish Risk
If it fails to reclaim 0.20, the price may pull back to 0.175, or even test 0.164 again.
Although the MACD has turned positive, its strength is limited: While upward momentum is recovering, the histogram indicates that it is still in the early stages. If Bitcoin suddenly pulls back, CFX's gains may be quickly erased.
🌐 Deeper Insights: Why CFX is Worth Watching
Unlike many Layer-1 public chains that struggle to highlight differentiation, Conflux's positioning is unique:
It has regulatory advantages in China and is one of the few blockchain projects to gain public recognition in that market.
The chain adopts the Tree-Graph consensus mechanism, combining proof of work and proof of stake, ensuring both security and scalability.
Collaboration with gaming, NFTs, and public sector pilot projects adds value beyond speculative trading.
This indicates that CFX's technical upward trend is not merely driven by short-term funds—it often carries deeper fundamental narratives.
🎯 Price Outlook
Short term (1–2 weeks): Expecting fluctuations between 0.175 – 0.20, and if it successfully breaks through 0.20, it is likely to challenge the 0.21–0.23 range.
Mid-term (1–2 months): If it can steadily stay above 0.23, the price may have the chance to challenge the 0.27–0.30 range, which is a strong supply area from earlier this year.
Long-term (2025): If the adoption rate continues to rise and the Layer-1 narrative strengthens again, CFX is expected to rise above 0.40, provided that the overall market maintains a bullish pattern.
🚀 Final Thoughts
CFX is at a critical technical watershed: it will either surge to 0.20 again after consolidation or fall back into the lower range. For short-term traders, the key is to closely monitor the 0.175 support and the 0.20 breakout level. For those who are optimistic about Conflux's hybrid architecture and China's blockchain strategy in the long term, the 0.16–0.17 pullback range may be a good opportunity to position.
CFX is not just a trading chart; it is a project with real-world landing potential that may stand out in the next narrative wave.
