$IOTA Growth coming soon!

It seems the crypto community has begun to forget about #IOTA , so it’s time to remind about it! This cryptocurrency has been below the level for a long time. I think now is the time to shop 🚀🚀🚀🚀

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$CFX Attention! A head and shoulders pattern was found on the hourly chart. Get ready for a short-term price drop to $0.17
#TradeNTell #CFX

$CFX In the next few months,#CFXmay reach $0.5! Do not miss.

#TradeNTell

Price of CFX has decreased by -5.66% in the past 24h.

🔸 Price: CFX, currently at $0.17, has shown a downtrend in the past 24h with a -10.02% decrease from 24h high of $0.19.

🔸 Trade Volumes:  Decreased by -99.96% from the 7-day high to around $206.95. The significant drop in CFX's price to $0.17, following a -10.02% change within 24 hours and a dramatic -99.96% fall from the 7-day high, suggests a correlation where substantial trading volume fluctuations may have preceded or coincided with these sharp price movements.

🔸 Capital Flows:  Decreased from -987,094.00 CFX in the past 7d to -3,704,325.00 CFX, indicating a downtrend. Observations: The significant increase in negative capital flow, with an additional outflow of -2,717,231.00 CFX over the past week, appears to correlate with the 10.02% price decline of CFX, suggesting that the intensified selling pressure may be a contributing factor to the token's recent price depreciation.

🔸 Order Book Depth:  The order book for CFX shows a greater depth on the buy side with a sum of buy quantity at 3,379,634.00 compared to a sell quantity of 2,032,153.00, which could indicate potential buying pressure, despite the token's recent price downtrend with a 10.02% decrease to the current price of $0.17.

📈 Technicals:  

🔸 MACD: The MACD's single bearish crossover and the diverging trend indicate a strengthening downward momentum, which corresponds with the observed decreasing price trend, suggesting a continuation of selling pressure.

🔸 RSI: The RSI, averaging at 49.60 and maintaining a neutral trend, suggests a market in equilibrium, yet this neutrality contrasts with a decreasing price trend, hinting at potential underlying bearish pressure or forthcoming price stabilization.

🔸 OBV: The OBV shows a decreasing trend, which aligns with the falling price trend, suggesting sustained selling pressure and confirming the bearish market sentiment.

#CFX $CFX