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Conflux
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CFX Ready For a Massive Move Above Or Not? Key Levels to Watch🎯🔥💥$CFX {spot}(CFXUSDT) Yello, Paradisers! Has #Conflux just kicked off its next bullish run or is this a fakeout waiting to trap traders? Let’s dive into the latest move in #CFXUSDT : 💎#CFX has recently broken out above the descending resistance of the broadening wedge—a major technical milestone. This breakout signals potential bullish momentum, with the price now eyeing key resistance zones for confirmation of a sustained move upward. 💎The immediate challenge for #Conflux lies at the $0.26-$0.29 supply wall. A daily candle close above this level would validate the breakout and likely trigger an extended bullish rally. Beyond this, the next target sits at the $0.4500–$0.5500 major resistance zone, where stronger profit-taking and selling pressure are expected. 💎If #CFXUSD manages to conquer the $0.2900 barrier, bullish momentum could carry it toward $0.6500 or even higher, establishing a new trend for long-term traders. Keep an eye on volume—an uptick in buying activity would confirm the strength of this breakout. In case of a pullback, immediate support lies at $0.1720, with a critical demand zone around $0.1356. As long as CFX holds above these levels, the bullish structure remains intact, and any dip into this zone could present an attractive re-entry point for buyers. 💎If #CFX closes below $0.1356, this would invalidate the bullish breakout, signaling potential downside. Such a scenario could drive prices toward $0.1000 or lower, erasing recent gains and catching overleveraged bulls off guard. Stay focused, patient, and disciplined, Paradisers🥂

CFX Ready For a Massive Move Above Or Not? Key Levels to Watch🎯🔥💥

$CFX

Yello, Paradisers! Has #Conflux just kicked off its next bullish run or is this a fakeout waiting to trap traders? Let’s dive into the latest move in #CFXUSDT :

💎#CFX has recently broken out above the descending resistance of the broadening wedge—a major technical milestone. This breakout signals potential bullish momentum, with the price now eyeing key resistance zones for confirmation of a sustained move upward.

💎The immediate challenge for #Conflux lies at the $0.26-$0.29 supply wall. A daily candle close above this level would validate the breakout and likely trigger an extended bullish rally. Beyond this, the next target sits at the $0.4500–$0.5500 major resistance zone, where stronger profit-taking and selling pressure are expected.

💎If #CFXUSD manages to conquer the $0.2900 barrier, bullish momentum could carry it toward $0.6500 or even higher, establishing a new trend for long-term traders. Keep an eye on volume—an uptick in buying activity would confirm the strength of this breakout. In case of a pullback, immediate support lies at $0.1720, with a critical demand zone around $0.1356. As long as CFX holds above these levels, the bullish structure remains intact, and any dip into this zone could present an attractive re-entry point for buyers.

💎If #CFX closes below $0.1356, this would invalidate the bullish breakout, signaling potential downside. Such a scenario could drive prices toward $0.1000 or lower, erasing recent gains and catching overleveraged bulls off guard.

Stay focused, patient, and disciplined, Paradisers🥂
Waqa Shaka:
I also holding it, hope great reward s in the end🤩🤩
CFX Breakout : Rally Ahead or False Alarm? #CFX_LONG #CFX/USDT.P #Conflux #Write2Earn! #BinanceSquareFamily $CFX {spot}(CFXUSDT) After months in a descending channel, Conflux (CFX) broke out, bouncing off its key support zone at $0.130–$0.138. The breakout could signal a bullish rally, but traders should remain cautious as a retest of this support is likely. Immediate Resistance : $0.226 – Clearing this could propel CFX to the next major resistance at $0.250. Bearish Risk : A drop below $0.113 would invalidate bullish momentum, signaling deeper corrections. Momentum Signs : Rising volume and 20EMA alignment favor bulls, but confirmation is essential. Pro-Tip for Investors : Entry : Look for a sustained breakout above $0.226 with strong volume. Risk Management : Place stop-loss near $0.130 to limit downside exposure. Conclusion : CFX shows promise, but patience is key. Monitor retests and resist FOMO to make informed decisions.
CFX Breakout : Rally Ahead or False Alarm?

#CFX_LONG #CFX/USDT.P #Conflux #Write2Earn!
#BinanceSquareFamily

$CFX

After months in a descending channel, Conflux (CFX) broke out, bouncing off its key support zone at $0.130–$0.138. The breakout could signal a bullish rally, but traders should remain cautious as a retest of this support is likely.

Immediate Resistance : $0.226 – Clearing this could propel CFX to the next major resistance at $0.250.

Bearish Risk : A drop below $0.113 would invalidate bullish momentum, signaling deeper corrections.

Momentum Signs : Rising volume and 20EMA alignment favor bulls, but confirmation is essential.

Pro-Tip for Investors :
Entry :
Look for a sustained breakout above $0.226 with strong volume.

Risk Management :
Place stop-loss near $0.130 to limit downside exposure.

Conclusion :
CFX shows promise, but patience is key. Monitor retests and resist FOMO to make informed decisions.
🚀A SIM 3.0 card in place – After hosting McDonald's NFTs in China, the #Conflux #blockchain wants to conquer the millions of smartphones in the country. It collaborates with China Telecom to offer a SIM card capable of interacting with a blockchain. #BTC #crypto2023
🚀A SIM 3.0 card in place – After hosting McDonald's NFTs in China, the #Conflux #blockchain wants to conquer the millions of smartphones in the country. It collaborates with China Telecom to offer a SIM card capable of interacting with a blockchain.

#BTC #crypto2023
The Conflux (CFX) price seems to have responded positively to the blockchain’s new partnership with XCMG Construction Machinery Co. Ltd., with the token posting a 17.90% jump in value in the last 24 hours. #Conflux #XCMG #BTC #crypto2023 #Binance
The Conflux (CFX) price seems to have responded positively to the blockchain’s new partnership with XCMG Construction Machinery Co. Ltd., with the token posting a 17.90% jump in value in the last 24 hours.
#Conflux #XCMG #BTC #crypto2023 #Binance
MarketCap's Conflux Exceeds $1.2 Billion; Token Increases 150% In 7 DaysBased on data from Coinmarketcap, the market value of the public chain project #Conflux has exceeded $1.2 billion, establishing a record high, reaching $1,203,186,715 to date and becoming one of the "crypto unicorns". Since its price climbed by more than 150% throughout this period, the #CFX token has been the most profitable #crypto asset of the week from CoinMarketCap's top 100. The token is currently trading at $0.45, up 12.97% in the last 24 hours. The Conflux Network project intends to optimize blocks at the same time or to fulfill each node's processing capacity of up to 3,500 TPS. Furthermore, as compared to PoW or PoS projects, Conflux's technology can confirm a block in 23 seconds, lowering transaction fees. Conflux is a public blockchain platform with the highest TPS (transactions per second) while maintaining system decentralization and network security. This project is the product of a unique and advanced algorithm being combined with a revolutionary and inventive structure, the Tree Graph (TG). The concept launched earlier this year after combining with China's Instagram partner, Xiaohongshu. Conflux was founded in 2018 and raised $35 million in a private token sale from major Chinese investors such as private equity company Huobi Group, Sequoia China, Shunwei Capital, and Rong360. As per historical data, Conflux's market value is just approximately $50 million at the start of 2023. It then formed collaborations with Xiaohongshu, McDonald's, and China Telecom, and its market valuation soared by over 2300% year on year.

MarketCap's Conflux Exceeds $1.2 Billion; Token Increases 150% In 7 Days

Based on data from Coinmarketcap, the market value of the public chain project #Conflux has exceeded $1.2 billion, establishing a record high, reaching $1,203,186,715 to date and becoming one of the "crypto unicorns".

Since its price climbed by more than 150% throughout this period, the #CFX token has been the most profitable #crypto asset of the week from CoinMarketCap's top 100. The token is currently trading at $0.45, up 12.97% in the last 24 hours.

The Conflux Network project intends to optimize blocks at the same time or to fulfill each node's processing capacity of up to 3,500 TPS. Furthermore, as compared to PoW or PoS projects, Conflux's technology can confirm a block in 23 seconds, lowering transaction fees.

Conflux is a public blockchain platform with the highest TPS (transactions per second) while maintaining system decentralization and network security. This project is the product of a unique and advanced algorithm being combined with a revolutionary and inventive structure, the Tree Graph (TG).

The concept launched earlier this year after combining with China's Instagram partner, Xiaohongshu.

Conflux was founded in 2018 and raised $35 million in a private token sale from major Chinese investors such as private equity company Huobi Group, Sequoia China, Shunwei Capital, and Rong360. As per historical data, Conflux's market value is just approximately $50 million at the start of 2023.

It then formed collaborations with Xiaohongshu, McDonald's, and China Telecom, and its market valuation soared by over 2300% year on year.
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Bullish
The price of #CFX is moving between strong resistance and support areas in the daily time frame.🚨🚨🚨 After reaching the resistance area of ​​$0.5500-0.4850, the price reacted strongly to it and started to decrease (more than 70% ). Bearish candles are still strong, so the power is still in the hands of the sellers. If the price can break the dynamic resistance that has been reduced every time after reaching it, it can start to return to the resistance level, otherwise the price will move towards the important demand area of ​​$0.1100-0.0950. ✅NOTE: Follow For More... to get free VIP Signals , Chart Analysis 🚨, and update news. So you will not miss any signals or opportunity.💰💰 🚀 💼 Fill your bags now if you haven't already! It's not too late to join the party and ride the wave to profits. 💰 🙌 Thank me later. Don't miss out on this opportunity! 🌟 $CFX #cfxusdt #Conflux #ConfluxNetwork #realmabbaskhan {spot}(CFXUSDT)
The price of #CFX is moving between strong resistance and support areas in the daily time frame.🚨🚨🚨

After reaching the resistance area of ​​$0.5500-0.4850, the price reacted strongly to it and started to decrease (more than 70% ).

Bearish candles are still strong, so the power is still in the hands of the sellers.

If the price can break the dynamic resistance that has been reduced every time after reaching it, it can start to return to the resistance level, otherwise the price will move towards the important demand area of ​​$0.1100-0.0950.

✅NOTE: Follow For More... to get free VIP Signals , Chart Analysis 🚨, and update news.
So you will not miss any signals or opportunity.💰💰

🚀
💼 Fill your bags now if you haven't already! It's not too late to join the party and ride the wave to profits. 💰
🙌 Thank me later. Don't miss out on this opportunity! 🌟

$CFX #cfxusdt #Conflux #ConfluxNetwork #realmabbaskhan
🔗 Chinese blockchain project Conflux (CFX) joins hands with blockchain security company Protofire to address the 'blockchain trilemma' - the challenge of balancing security, scalability, and decentralization in blockchain networks. 🤝🔒⚖️ #BlockchainTechnology #Partnership #Conflux
🔗 Chinese blockchain project Conflux (CFX) joins hands with blockchain security company Protofire to address the 'blockchain trilemma' - the challenge of balancing security, scalability, and decentralization in blockchain networks. 🤝🔒⚖️ #BlockchainTechnology #Partnership #Conflux
Why Is Bitcoin Market Increasing Today?Total Crypto Market Cap (TOTALCAP) and #bitcoin (BTC) both formed long-term bullish engulfing candlestick patterns. #Conflux (CFX) hit a new all-time high. In the headlines, former Coinbase CTO Balaji Srinivasan wagered $2 million against social democrat James Medlock on the price of Bitcoin reaching $1 million in 90 days. TOTALCAP (Crypto Market Cap) Looks For Support This week, the Crypto Market Cap (TOTALCAP) formed a #Bullish engulfing candlestick, strongly breaking above the $1.04 trillion horizontal region, which is now projected to provide support. It is worth noting, however, that the price has not risen above it since the August 2022 highs (red line). If it does, it may rise to the next barrier level of $1.30 trillion. The RSI, which has risen above 50, backs this up. If the trend reverses, the price might fall back to around $1.04 trillion. Bitcoin (BTC) Retains Ground Last week, the Bitcoin price formed a bullish engulfing candlestick. This validated the break and retest of a long-term declining resistance line. Also, the RSI rose above 50. If the Bitcoin price rises, it may reach the next barrier level at $30,500. The RSI movement and the continued breakout support this possibility. If the surge loses steam, #BTC might go back to the $23,000 support level. Conflux (CFX) Hits A New Year's High Since the beginning of the year, the CFX price has risen. Following a decline that began on February 21, the price recovered and achieved a new yearly high of $0.488 on March 19. The daily RSI, on the other hand, has generated strong negative divergence, which could lead to a bearish reversal. If this happens, the CFX price could drop to $0.150. If the rally continues, the #CFX price might reach the next Fib resistance level around $0.515.

Why Is Bitcoin Market Increasing Today?

Total Crypto Market Cap (TOTALCAP) and #bitcoin (BTC) both formed long-term bullish engulfing candlestick patterns. #Conflux (CFX) hit a new all-time high.

In the headlines, former Coinbase CTO Balaji Srinivasan wagered $2 million against social democrat James Medlock on the price of Bitcoin reaching $1 million in 90 days.

TOTALCAP (Crypto Market Cap) Looks For Support

This week, the Crypto Market Cap (TOTALCAP) formed a #Bullish engulfing candlestick, strongly breaking above the $1.04 trillion horizontal region, which is now projected to provide support.

It is worth noting, however, that the price has not risen above it since the August 2022 highs (red line). If it does, it may rise to the next barrier level of $1.30 trillion. The RSI, which has risen above 50, backs this up.

If the trend reverses, the price might fall back to around $1.04 trillion.

Bitcoin (BTC) Retains Ground

Last week, the Bitcoin price formed a bullish engulfing candlestick. This validated the break and retest of a long-term declining resistance line. Also, the RSI rose above 50.

If the Bitcoin price rises, it may reach the next barrier level at $30,500. The RSI movement and the continued breakout support this possibility. If the surge loses steam, #BTC might go back to the $23,000 support level.

Conflux (CFX) Hits A New Year's High

Since the beginning of the year, the CFX price has risen. Following a decline that began on February 21, the price recovered and achieved a new yearly high of $0.488 on March 19.

The daily RSI, on the other hand, has generated strong negative divergence, which could lead to a bearish reversal. If this happens, the CFX price could drop to $0.150.

If the rally continues, the #CFX price might reach the next Fib resistance level around $0.515.

Explore how Conflux Network's EVM-Compatible Bitcoin Layer 2 solution is set to revolutionize blockchain interoperability and functionality. $CFX $BTC #ConfluxNetwork #Conflux https://blockchainreporter.net/conflux-network-unveils-revolutionary-evm-compatible-bitcoin-layer-2-solution/
Explore how Conflux Network's EVM-Compatible Bitcoin Layer 2 solution is set to revolutionize blockchain interoperability and functionality.

$CFX $BTC #ConfluxNetwork #Conflux

https://blockchainreporter.net/conflux-network-unveils-revolutionary-evm-compatible-bitcoin-layer-2-solution/
CFX: China's Stealthy Dragon, Poised to Take Flight? In the crypto coliseum, where giants clash and challengers rise, Conflux (CFX) stirs like a slumbering dragon. This Chinese-born blockchain boasts regulatory approval, scalability that would shame a Roman chariot race, and a unique architecture that whispers of interchain dominance. Buckle up, because CFX might just breathe fire into the cryptosphere. Kung Fu for Transactions: Forget slow, clunky blockchains. CFX boasts a unique Tree-Graph architecture, allowing it to process transactions at lightning speed. Imagine settling a bet with a friend faster than you can say "moon lambo." The Emperor's New dApps: Building on CFX is a breeze. Their user-friendly "ShuFan" platform empowers developers to craft decentralized applications (dApps) with ease. Expect a surge of innovative dApps to hatch from this fertile ground. The Great Wall of Security: Security is paramount in the wild west of crypto. CFX takes a no-nonsense approach, employing state-of-the-art cryptography to keep your funds safe. Sleep soundly, knowing your CFX is guarded by a digital Great Wall. Bridging the Blockchain Chasm: Unlike isolated blockchains, CFX is a bridge builder. It seamlessly connects with other networks, fostering collaboration and innovation across the crypto landscape. Imagine a world where blockchains work together, not against each other. More Than Just a Coin: CFX isn't just a speculative token. It's the fuel that powers a vibrant ecosystem. From decentralized finance (DeFi) to non-fungible tokens (NFTs), CFX offers a range of utilities that make it a compelling proposition for crypto enthusiasts. #Conflux #CFX #CFX #dyor #TrendingTopic $CFX @EliteDaily P.S. While financial support is always welcome, the truest form of love is engagement. Like, share, and follow for more crypto insights that won't leave you bamboozled!
CFX: China's Stealthy Dragon, Poised to Take Flight?

In the crypto coliseum, where giants clash and challengers rise, Conflux (CFX) stirs like a slumbering dragon. This Chinese-born blockchain boasts regulatory approval, scalability that would shame a Roman chariot race, and a unique architecture that whispers of interchain dominance. Buckle up, because CFX might just breathe fire into the cryptosphere.

Kung Fu for Transactions:

Forget slow, clunky blockchains. CFX boasts a unique Tree-Graph architecture, allowing it to process transactions at lightning speed. Imagine settling a bet with a friend faster than you can say "moon lambo."

The Emperor's New dApps:

Building on CFX is a breeze. Their user-friendly "ShuFan" platform empowers developers to craft decentralized applications (dApps) with ease. Expect a surge of innovative dApps to hatch from this fertile ground.

The Great Wall of Security:

Security is paramount in the wild west of crypto. CFX takes a no-nonsense approach, employing state-of-the-art cryptography to keep your funds safe. Sleep soundly, knowing your CFX is guarded by a digital Great Wall.

Bridging the Blockchain Chasm:

Unlike isolated blockchains, CFX is a bridge builder. It seamlessly connects with other networks, fostering collaboration and innovation across the crypto landscape. Imagine a world where blockchains work together, not against each other.

More Than Just a Coin:

CFX isn't just a speculative token. It's the fuel that powers a vibrant ecosystem. From decentralized finance (DeFi) to non-fungible tokens (NFTs), CFX offers a range of utilities that make it a compelling proposition for crypto enthusiasts.

#Conflux #CFX #CFX #dyor #TrendingTopic $CFX @EliteDailySignals

P.S. While financial support is always welcome, the truest form of love is engagement. Like, share, and follow for more crypto insights that won't leave you bamboozled!
Senator Hagerty said that estimates of terrorist financing using cryptocurrencies from the WSJ publication are overstated by 99% 👀 Changpeng Zhao's fortune decreased by 82% or $12 billion. These conclusions were reached by Bloomberg journalists based on the revision of the Binance assessment 😱 The SEC is demanding a $770 million fine from Ripple to settle the lawsuit. Ripple is not yet in the mood to negotiate and the trial, at best, will end only in the summer of 2024 🙃 Elon Musk wants to transform Twitter into an analogue of Chinese WeChat by the end of 2024. But not a word about DOGE 😳 Curly Sam stated in court that he considers it legitimate to use FTX clients' funds to trade Alameda. It was written somewhere in the legal documents of the exchange, but he did not read them in detail and therefore does not remember exactly 🤦♂️ 🔹 Top 3 in 24 hours: $FLOKI $NEO #FLOKI - $0.0000387 (↑25.42%) #Neo - $9.00 (↑14.64%) #Conflux - $0,1627 (↑6,17%)
Senator Hagerty said that estimates of terrorist financing using cryptocurrencies from the WSJ publication are overstated by 99% 👀

Changpeng Zhao's fortune decreased by 82% or $12 billion. These conclusions were reached by Bloomberg journalists based on the revision of the Binance assessment 😱

The SEC is demanding a $770 million fine from Ripple to settle the lawsuit. Ripple is not yet in the mood to negotiate and the trial, at best, will end only in the summer of 2024 🙃

Elon Musk wants to transform Twitter into an analogue of Chinese WeChat by the end of 2024. But not a word about DOGE 😳

Curly Sam stated in court that he considers it legitimate to use FTX clients' funds to trade Alameda. It was written somewhere in the legal documents of the exchange, but he did not read them in detail and therefore does not remember exactly 🤦♂️

🔹 Top 3 in 24 hours: $FLOKI $NEO
#FLOKI - $0.0000387 (↑25.42%)
#Neo - $9.00 (↑14.64%)
#Conflux - $0,1627 (↑6,17%)
Conflux Price Prediction: Bullish Signals Dominate as Technical Indicators Favor Rising Momentum The recent movements by the #Conflux price on the 4-hour chart reveal intriguing dynamics that investors and traders might want to consider. Over the last five sessions, the closing prices have displayed a mild upward trend, peaking at $0.2545 before a slight retreat to $0.2503. This pattern suggests a possible resistance area around $0.2577, with further potential ceilings at $0.2652 and $0.2703. The technical indicators provide a deeper insight into the market's behavior. The 9 Exponential Moving Average (EMA) and the 20 EMA both show a convergence upwards, with the 9 EMA recently positioned above the 20 EMA ($0.2514 vs. $0.2480). This is generally a bullish signal, indicating that the shorter-term price momentum is gaining over the longer-term trend. Moreover, the Moving Average Convergence Divergence (MACD) values enhance this bullish outlook. Over recent periods, the MACD line has consistently stayed above the signal line, reflecting increasing momentum. However, the histogram, which measures the distance between the MACD and its signal line, is showing signs of narrowing (from 0.0013 to 0.0006). This could imply a potential slowdown in upward momentum or the onset of a corrective phase. The Relative Strength Index (RSI) supports this view, having peaked at 57.38 and subsequently receded to 52.92. An RSI level between 50 and 70 typically indicates a stable or bullish market but nearing the upper range can often suggest overbought conditions, thereby raising the probability of a pullback. In terms of trading strategy, considering the current technical setup, traders might look to initiate long positions near the support levels of $0.2472 and $0.2441, with a stop-loss just below $0.2423 to protect against unexpected downturns. On the flip side, considering short positions might be prudent if the price consistently fails to break above the $0.2577 resistance, targeting lower supports while setting a stop-loss slightly above the resistance levels. #CFX $CFX
Conflux Price Prediction: Bullish Signals Dominate as Technical Indicators Favor Rising Momentum

The recent movements by the #Conflux price on the 4-hour chart reveal intriguing dynamics that investors and traders might want to consider. Over the last five sessions, the closing prices have displayed a mild upward trend, peaking at $0.2545 before a slight retreat to $0.2503. This pattern suggests a possible resistance area around $0.2577, with further potential ceilings at $0.2652 and $0.2703.

The technical indicators provide a deeper insight into the market's behavior. The 9 Exponential Moving Average (EMA) and the 20 EMA both show a convergence upwards, with the 9 EMA recently positioned above the 20 EMA ($0.2514 vs. $0.2480). This is generally a bullish signal, indicating that the shorter-term price momentum is gaining over the longer-term trend.

Moreover, the Moving Average Convergence Divergence (MACD) values enhance this bullish outlook. Over recent periods, the MACD line has consistently stayed above the signal line, reflecting increasing momentum. However, the histogram, which measures the distance between the MACD and its signal line, is showing signs of narrowing (from 0.0013 to 0.0006). This could imply a potential slowdown in upward momentum or the onset of a corrective phase.

The Relative Strength Index (RSI) supports this view, having peaked at 57.38 and subsequently receded to 52.92. An RSI level between 50 and 70 typically indicates a stable or bullish market but nearing the upper range can often suggest overbought conditions, thereby raising the probability of a pullback.

In terms of trading strategy, considering the current technical setup, traders might look to initiate long positions near the support levels of $0.2472 and $0.2441, with a stop-loss just below $0.2423 to protect against unexpected downturns. On the flip side, considering short positions might be prudent if the price consistently fails to break above the $0.2577 resistance, targeting lower supports while setting a stop-loss slightly above the resistance levels. #CFX $CFX
Conflux Network is introducing an EVM-compatible Bitcoin Layer 2 solution, leveraging Bitcoin's strength and integrating it into its network. The solution offers users more channels to interact with decentralized applications built on the platform, enhancing interoperability between different blockchains. #Conflux #evm #bitcoin #BTC
Conflux Network is introducing an EVM-compatible Bitcoin Layer 2 solution, leveraging Bitcoin's strength and integrating it into its network.

The solution offers users more channels to interact with decentralized applications built on the platform, enhancing interoperability between different blockchains.

#Conflux #evm #bitcoin #BTC
Conflux Price Prediction: CFX Gets Rejected by Resistance, Will It Drop Below $0.41141644? The #Conflux price got rejected by the $0.45148330 resistance for a second time over the last 24 hours. As a result, the crypto could be at risk of retesting the immediate support level at $0.41141644. If bears continue to exert sell pressure on the altcoin at this point, #CFX could lose the support of this significant mark. As a result, the altcoin could fall to as low as $0.37277816.  This bearish thesis may be invalidated if the Conflux price manages to close a 4-hour candle above $0.45148330 in the coming 12 hours. In this alternative scenario, the crypto may have the technical foundation needed to keep climbing in the following couple of days. This could lead to $CFX rising to as high as $0.48984608 in the short term. Technicals Warn of a Conflux Price Correction Technical indicators on CFX’s 4-hour chart suggest the Conflux price may drop more in the coming 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are flagging bearish. Although the MACD line is positioned bullishly above the MACD Signal line, the prior is collapsing towards the latter. This could be a sign that CFX’s positive trend is losing steam. Meanwhile, the RSI is on the verge of triggering a major bearish technical flag. Currently, the RSI is looking to cross below its Simple Moving Average (SMA) line. An intersection between these two technical indicators is generally seen as a sign that sellers have gained the upper hand against buyers. The full analysis and trade strategy were originally posted on ecoinimist.com. #CFX/USDT #cfxusdt
Conflux Price Prediction: CFX Gets Rejected by Resistance, Will It Drop Below $0.41141644?

The #Conflux price got rejected by the $0.45148330 resistance for a second time over the last 24 hours. As a result, the crypto could be at risk of retesting the immediate support level at $0.41141644. If bears continue to exert sell pressure on the altcoin at this point, #CFX could lose the support of this significant mark. As a result, the altcoin could fall to as low as $0.37277816. 

This bearish thesis may be invalidated if the Conflux price manages to close a 4-hour candle above $0.45148330 in the coming 12 hours. In this alternative scenario, the crypto may have the technical foundation needed to keep climbing in the following couple of days. This could lead to $CFX rising to as high as $0.48984608 in the short term.

Technicals Warn of a Conflux Price Correction
Technical indicators on CFX’s 4-hour chart suggest the Conflux price may drop more in the coming 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are flagging bearish.

Although the MACD line is positioned bullishly above the MACD Signal line, the prior is collapsing towards the latter. This could be a sign that CFX’s positive trend is losing steam. Meanwhile, the RSI is on the verge of triggering a major bearish technical flag. Currently, the RSI is looking to cross below its Simple Moving Average (SMA) line. An intersection between these two technical indicators is generally seen as a sign that sellers have gained the upper hand against buyers.
The full analysis and trade strategy were originally posted on ecoinimist.com.
#CFX/USDT #cfxusdt
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Bullish
Conflux (CFX) Blasts Off 125% on the Back of Major Chinese Partnerships! Hold onto your hats, because Conflux (CFX) is on a tear! The price of CFX has exploded a staggering 125% in recent days, leaving many investors wondering what's behind the meteoric rise. Well, wonder no more! This exponential growth can be attributed to a game-changing development - major integrations with leading Chinese companies. Why is this such a big deal? China is a sleeping giant when it comes to blockchain adoption, and Conflux is now positioned to be a key player in this awakening. These strategic partnerships unlock a massive potential user base for Conflux's innovative technology, paving the way for widespread adoption and explosive growth. Here's a deeper dive into what's driving the excitement: ▪︎Conflux is shaking hands with industry titans: By partnering with leading Chinese corporations, Conflux is gaining access to vast new markets and resources. This synergy between established players and cutting-edge technology is a recipe for success. ▪︎Millions of users are about to discover Conflux: These integrations have the potential to bring Conflux's technology to the fingertips of millions of users in China, propelling CFX further into the mainstream and unlocking its true potential. "With the backing of major Chinese players, Conflux is poised for a bright future. This is a golden opportunity for investors looking to get ahead of the curve in the ever-evolving world of blockchain technology" Remember, conducting your own research is crucial before making any investment decisions. However, one thing is certain: Conflux is a project to keep a close eye on! #Conflux #CFX #Write2Earn #SkyRocket #TrendingTopic
Conflux (CFX) Blasts Off 125% on the Back of Major Chinese Partnerships!

Hold onto your hats, because Conflux (CFX) is on a tear! The price of CFX has exploded a staggering 125% in recent days, leaving many investors wondering what's behind the meteoric rise.

Well, wonder no more! This exponential growth can be attributed to a game-changing development - major integrations with leading Chinese companies.

Why is this such a big deal? China is a sleeping giant when it comes to blockchain adoption, and Conflux is now positioned to be a key player in this awakening. These strategic partnerships unlock a massive potential user base for Conflux's innovative technology, paving the way for widespread adoption and explosive growth.

Here's a deeper dive into what's driving the excitement:

▪︎Conflux is shaking hands with industry titans: By partnering with leading Chinese corporations, Conflux is gaining access to vast new markets and resources. This synergy between established players and cutting-edge technology is a recipe for success.

▪︎Millions of users are about to discover Conflux: These integrations have the potential to bring Conflux's technology to the fingertips of millions of users in China, propelling CFX further into the mainstream and unlocking its true potential.

"With the backing of major Chinese players, Conflux is poised for a bright future. This is a golden opportunity for investors looking to get ahead of the curve in the ever-evolving world of blockchain technology"

Remember, conducting your own research is crucial before making any investment decisions. However, one thing is certain: Conflux is a project to keep a close eye on!

#Conflux #CFX #Write2Earn #SkyRocket #TrendingTopic
At night, bitcoin rose by 35 thousand dollars, increasing in price by 18%. Now the price is looking for a way to roll back, and the bears are shedding bitter tears because of $297 million in liquidations. 🥹 That's why I thought about what needs to be done to make sure that there is no need to re-view the download to the spot bitcoin ETF in shades of gray. Note that once again to consider and accept are different things 🧐 Once upon a time, according to Mal, the story of the acquisition of BlackRock tikera for its ETF - IBTC began, as well as thanks to the possibility of expanding information in the ond. It has not appeared yet, as if the ETF has already been approved, and BlackRock is already buying BTC in nego. In fact, these data do not mean anything like that and are just speculation, but they were taken from an updated application in real time, which was corrected at the end of last week, but carefully read only that night 😇 Intrigue of the week: will they take longs now 😜 🔹 Top 3 in 24 hours: #Mina - $0.6181 (↑50.57%) #Pepe - $0.000000953 (↑26.32%) #Conflux - $0.1323 (↑19.39%) $MINA $PEPE
At night, bitcoin rose by 35 thousand dollars, increasing in price by 18%. Now the price is looking for a way to roll back, and the bears are shedding bitter tears because of $297 million in liquidations. 🥹

That's why I thought about what needs to be done to make sure that there is no need to re-view the download to the spot bitcoin ETF in shades of gray. Note that once again to consider and accept are different things 🧐

Once upon a time, according to Mal, the story of the acquisition of BlackRock tikera for its ETF - IBTC began, as well as thanks to the possibility of expanding information in the ond. It has not appeared yet, as if the ETF has already been approved, and BlackRock is already buying BTC in nego. In fact, these data do not mean anything like that and are just speculation, but they were taken from an updated application in real time, which was corrected at the end of last week, but carefully read only that night 😇
Intrigue of the week: will they take longs now 😜

🔹 Top 3 in 24 hours:
#Mina - $0.6181 (↑50.57%)
#Pepe - $0.000000953 (↑26.32%)
#Conflux - $0.1323 (↑19.39%)
$MINA $PEPE
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