Made by jpigeon84 #CFX 1D
Cryptovizor data:
TREND 🟢🟢🟢🟢🟢 MA 🟢 RSI 🟢 28.05.2023
Volume 1D 46.32 M CD Week -1.06 M
Conflux (CFX) aims to provide a platform for decentralized applications. Currently, it's trending upward following a purchase wave on rising volumes. However, buyers should prevent updating the low and confidently cross the high to shift the downward trend.
Despite the buying pressure, a breakout seems unlikely without a downward movement for gathering strength. The upper range boundary needs a successful breakout for confirmation.
In recent news, Conflux partnered with OKExChain, launched a cross-chain asset protocol, and collaborated with Fliqpay for crypto payment solutions. These developments could potentially affect CFX's price and popularity. #crypto2023 #trading #analysis