Key Takeaways
- CFX price faces bearish stress toward $0.2 following intense selloff.
- Fervent by the sizzling BTC market sentiment and rising shopping inquire of among Chinese investors, CFX price may maybe well attain $0.28 in Could well possibly additionally.
- In 2025, CFX may maybe well file maximum price of $0.4773.
Conflux Community (CFX) is a high-velocity layer 1 blockchain that combines proof-of-work consensus with proof-of-stake finality. Originating from China, it follows native regulations, earning it the nickname “Chinese Ethereum.”
The network’s native CFX token serves varied choices, equivalent to being a retailer-of-price and a governance token. That you just may be ready to also stake these tokens to receive passive earnings in the develop of more CFX tokens.
When brooding in regards to the lengthy journey price of the CFX token in 2024 and former, our CFX network price prediction takes into story varied components that may maybe well affect its price. Analysts compare: Can CFX price attain $1?; on the opposite hand, this depends on economic conditions, the token’s purposeful uses, and historical price traits.
Overview
| Cryptocurrency | Conflux Community |
| Ticker Symbol | CFX |
| Opposed | 91 |
| Tag alternate 24H | +0.55% |
| Market cap | $844,938,661 |
| Circulating provide | 3,945,712,464 |
| Trading quantity 24h | $fifty three,989,272 |
| All-time high | $1.7 |
| All-time low | $0.2191 |
Conflux Tag Prediction: Technical Analysis
| Metric | Tag |
| Tag Prediction | $0.712121 (228.76%) |
| Volatility | 20.33% |
| 50-Day SMA | $0.345744 |
| 14-Day RSI | 34.57 |
| Sentiment | Bearish |
| Peril & Greed Index | 43 (Peril) |
| Green Days | 13/30 (43%) |
| 200-Day SMA | $0.228678 |
Conflux price prognosis: CFX price declined heavily because it dropped toward $0.2
TL; DR Breakdown
- CFX price prognosis shows that Conflux confronted a bearish pattern as the price dropped below $0.21
- Resistance for CFX is recent at $0.2617
- Beef up for CFX/USD is recent at $0.1884
The CFX price prognosis for 2 Could well possibly additionally confirms that bears sparked a solid selling stress as CFX price plunged shopping self belief by heading below the $0.21 attach.
CFX price prognosis 1-day chart: Conflux price faces intense bearish stress
Analyzing the every single day price chart of Conflux, CFX’s price confronted a sturdy selling stress as the price persevered to decline below prompt Fib channels and headed toward the $0.2 level. The CFX price is facing a surge in selling inquire of because it reaches a truly principal assist line. The 24-hour quantity has surged to $9 million, exhibiting an elevated interest in trading exercise as of late. CFX price is at sing trading at $0.214, reducing by over 0.78% in the excellent 24 hours.
The RSI-14 pattern line has declined from its earlier level and at sing trades spherical the oversold site at 32, hinting that a bearish stress is on the threshold. The SMA-14 level suggests volatility in the following couple of hours.
CFX/USD 4-hour price chart: Bulls purpose for an prompt correction above transferring averages
The 4-hour Conflux price chart means that bears are strengthening their blueprint as they are aiming to ship the price below the Fib traces. On the opposite hand, bulls are affirming shopping self belief and are aiming to withhold the price above the EMA20 pattern line.
The BoP indicator is trading in a obvious site at 0.29, exhibiting that non everlasting patrons are taking of enterprise to bustle an upward pattern.
Additionally, the MACD pattern line has fashioned bullish candles above the attach line and the indicator aims for a obvious momentum, strengthening lengthy-blueprint holders’ self belief.
Conflux Technical Indicators: Ranges And Scramble
Each day Straightforward Transferring Moderate (SMA)
| Length | Tag | Scramble |
| SMA 3 | $0.234636 | SELL |
| SMA 5 | $0.235147 | SELL |
| SMA 10 | $0.266744 | SELL |
| SMA 21 | $0.273654 | SELL |
| SMA 50 | $0.345744 | SELL |
| SMA 100 | $0.293627 | SELL |
| SMA 200 | $0.228678 | SELL |
Each day Exponential Transferring Moderate (EMA)
| Length | Tag | Scramble |
| EMA 3 | $0.240625 | SELL |
| EMA 5 | $0.248589 | SELL |
| EMA 10 | $0.275581 | SELL |
| EMA 21 | $0.317949 | SELL |
| EMA 50 | $0.332365 | SELL |
| EMA 100 | $0.300753 | SELL |
| EMA 200 | $0.256647 | SELL |
What to set a question to from CFX price prognosis subsequent?
The hourly price chart confirms that Conflux makes an try to plunge below the prompt assist line; on the opposite hand, bulls are eyeing for additonal restoration in the upcoming hours. If CFX’s price successfully holds its momentum above $0.2617, it may probably gas a bullish rally to $0.3716.
If bulls fail to galvanize a surge, CFX price can also merely plunge below the prompt assist line at $0.1884, which can also merely originate a bearish pattern to $0.1302.
Fresh News
- Conflux collaborates with the Shanghai City Basketball Championship to originate digital NFT participation certificates for the premier beginner basketball occasion in Shanghai.
- Conflux Community announces the upgrade to Hydra Model 2.3.5, bettering node compatibility, steadiness, and transaction going via, with sooner reboots and improved snapshot assist.
Conflux Community Tag Prediction Could well possibly additionally 2024
Conflux price has been on a bearish rally following Bitcoin’s plunge toward the $57K attach. As a result, sellers are now packed with life and are aiming to defend any surges in the upcoming days. On the opposite hand, the most up-to-date originate of set of living ETF merchandise in Hong Kong may maybe well boost Chinese crypto tokens and shall we search a rebound in CFX price in the arrival days.
Also read: China embraces blockchain: the conflux network partnership amid cryptocurrency skepticism
Our prediction for Conflux expects a minimal price of $0.12 and a maximum price of $0.28 with a median price of $0.2 in Could well possibly additionally.
| Conflux Tag Prediction | Ability Low | Ability Moderate | Ability Excessive |
| Conflux Tag Prediction Could well possibly additionally 2024 | $0.12 | $0.2 | $0.28 |
Conflux Tag Prediction 2024
One key occasion that may maybe well set of living off the next relate is the Bitcoin halving. This halving may maybe well force up the price of many altcoins, including CFX.
Meanwhile, Conflux is having a seek for to spice up its global dominance by opening offices in Dubai, Europe, and various areas. This growth may maybe well elevate the recognition of the Conflux Community token and its blockchain in 2024 and former.
As well, Conflux Community may be specializing in instructing Chinese artists in regards to the use of its platform for NFTs all over 2024. This contains promoting projects which dangle already launched on the network, like ConFi’s Buddies and the MEI PROJECT sneakers, which dangle each launched NFT-themed merchandise successfully. This may maybe well boost the shopping inquire of of CFX tokens in the Chinese market.
In 2024, the Conflux price is anticipated to stabilize at no longer much less than $0.2780. The price can also merely top at $0.3427, with the frequent trading price anticipated spherical $0.2893.
| Conflux Tag Prediction | Ability Low | Ability Moderate | Ability Excessive |
| Conflux Tag Prediction 2024 | $0.278 | $0.2893 | $0.3427 |
Conflux Community Tag Predictions 2025-2030
| Year | Minimum Tag | Moderate Tag | Most Tag |
| 2025 | 0.3979 | 0.4123 | 0.4773 |
| 2026 | 0.6022 | 0.6228 | 0.6951 |
| 2027 | 0.8739 | 0.905 | 1.06 |
| 2028 | 1.22 | 1.25 | 1.51 |
| 2029 | 1.seventy nine | 1.86 | 2.11 |
| 2030 | 2.57 | 2.64 | 3.08 |
Conflux Tag Predictions 2025
Marion Laboure, a researcher at Deutsche Financial institution, believes Bitcoin may maybe well change into a recent-day equivalent of gold. The Conflux Community stands out as the correct blockchain in China that meets regulatory standards, making it a likely desire for Chinese investors who may maybe well want shopping CFX tokens over Bitcoin.
On the moment, there isn’t any such thing as a roadmap for the Conflux Community that reaches as far as 2030. On the opposite hand, having a seek for at its previous updates, there’s a solid chance it may probably well change into a top layer 1 blockchain in 2025’s crypto market.
Be taught more: Conflux network introduces axhkd, hong kong buck-backed stablecoin
For 2025, projections uncover that the Conflux may maybe well search a low of $0.3979. The price is capable of reaching a high of $0.4773, with the median price likely to be spherical $0.4123.
CFX Tag Forecast for 2026
The crew has provocative 2.4 billion CFX tokens as grant awards to abet developers to broaden its network. With each token priced at $0.2, this amounts to almost $600 million. The price may maybe well elevate if the token price goes up.
In a bullish scenario, by 2026, the price of Conflux is anticipated to bottom out at $0.6022. The pinnacle price may be as high as $0.6951, with an expected common price of $0.6228 in every single place in the year.
Conflux (CFX) Tag Prediction 2027
The prognosis for 2027 means that Conflux may maybe dangle a minimal price of $0.8739. The price can also merely escalate to a maximum of $1.06, averaging spherical $0.9050.
Conflux Tag Prediction 2028
It is anticipated that the Conflux price will attain no longer much less than $1.22 in 2028. The maximum price may maybe well hit $1.51, with a median price of $1.25 in every single place in the year.
Conflux Tag Prediction 2029
Predictions for 2029 sing Conflux reaching a minimal price of $1.seventy nine. The price may maybe well climb to a maximum of $2.11, with a median of $1.86 over the year.
Conflux (CFX) Tag Prediction 2030
The year 2030 may maybe well search the Conflux trading at no longer much less than $2.57. The price is anticipated to top at spherical $3.08, with the frequent trading price likely to be $2.64.
Conflux Market Tag Prediction: Analysts’ CFX Tag Forecast
| Agency Name | 2024 | 2025 |
| Gov.Capital | $0.13 | $0.44 |
| DigitalCoinPrice | $0.47 | $0.56 |
| Changelly | $0.31 | $0.459 |
- Consultants from CoinCodex predict that by the second quarter of 2024, the Conflux Community may be trading at $1.02, which represents a 378% elevate from the sizzling CFX price of $0.21.
- Meanwhile, CCN affords a bearish outlook for the CFX token. Their analysts attach a question to the price to alter from $0.47 to $0.57 by 2025 and between $1.01 and $3.83 by 2030.
Cryptopolitan’s Conflux (CFX) Tag Prediction
At Cryptopolitan, we are bullish on Conflux’s future price as the historical market sentiment is awfully impressive. By the pause of 2024, CFX price may maybe well file no longer much less than $0.2780. The price can also merely top at $0.3427, with the frequent trading price anticipated spherical $0.2893.
On the opposite hand, the lengthy journey market probably for Conflux entirely depends on its shopping inquire of, law in China and investor sentiment in lengthy-term retaining.
We attach a question to CFX price to fabricate a high of $0.3427 by the pause of 2024.
Conflux Ancient Tag Sentiment
- Preliminary itemizing at approximately $0.08 in late 2020.
- Reached an all-time high of $1.70 on March 27, 2021, at some point soon of a crypto bull journey.
- Dropped below $1.00 in early Could well possibly additionally 2021; ended the year at $0.1994.
- Experienced predominant losses, falling below $0.10 by mid-Could well possibly additionally.
- Closed the year at $0.02198 after nearly 90% annual loss.
- Hit an all-time low of $0.02191 on January 1, 2023.
- Rose previous $0.30 in February following a partnership announcement with China Telecom.
- Peaked above $0.40 numerous cases in March and April.
- Suffered a decline due to SEC lawsuits nonetheless managed $0.278 on June 23.
- Dropped to about $0.125 on August 23; ended the year at $0.185.
- Increased to $0.2323 by January 30, 2024.
- In March, CFX price surged above $0.51; on the opposite hand, it later declined in the next weeks toward $0.2.
