$CFX
The price is 0.218917 USD currently with a change of 0.00 USD (0.00%) from the previous close.
📈 Price & Market Overview
Current price: around $0.219 USD, with relatively flat intraday movement.
CoinMarketCap reports CFX at ~$0.205–$0.226 with daily volume ranging between $150–$400 million and a circulating supply of ~5.12 billion tokens.
CFX surged over 40% in a single day recently and logged a 119% increase in a week, driven by network upgrades and stablecoin developments.
🧠 Technical Analysis Highlights
TradingView summary for CFX/USDT
Across most timeframe from minutes to months the signal reads Strong Buy.
Moving averages: All major MAs (5, 10, 20, 50, 100, 200) are bullish.
Technical indicators: RSI, MACD, ADX, CCI, and others generally pointing to Buy.
Pivot point levels: Key resistance sits between $0.225–0.231, support zones at $0.205–0.215 depending on pivot method.
🔔 Chart Patterns & Key Levels
Recent Price Action & Patterns
Analysts highlight a double-bottom around $0.0628, with CFX breaking above the $0.1075 neckline, triggering a powerful rally often called a “god candle.”
Binance Square Commentary
CFX formed a classic ABC correction and now trades within a descending channel.
Analysts suggest accumulation in the lower range (~$0.05), with upside potential toward $0.18 on breakout.
Proposed Support & Resistance Zones
🟩 Support: ~$0.205, pivot region ~$0.215
🚧 Resistance: ~$0.225–0.231, higher upside targets near $0.28–$0.30 if momentum holds.
Momentum remains strong, backed by recent Conflux 3.0 upgrade excitement and institutional interest.
However, overbought readings and rapid price run-up may invite short‑term consolidation or pullback.
⚠️ Risk Considerations
Extremely volatile: a god‑candle rally often leads to correction or consolidation.
Squeeze risk if broader crypto market sentiment weakens.
Always define stop-loss levels and manage positioning size, especially amid high leverage usage.