Will CFX Reccover To $0.5 In 2024?

Conflux has a market cap of $495 Million and is currently ranked 105th in the crypto verse. It has observed a surge of 52% in the overall volume in the past 24 hours. CFX price is currently trading near the value of $0.11 with a drop of 21% in the intraday session.
CFX is currently forming bearish candles on the daily chart. It is trading below the 50 and 100 EMA on the daily chart. The upside trend of CFX can see a halt near the value of $0.2. Meanwhile, the support of the asset price can be observed near the price of $0.1.
The RSI of CFX is currently near 29 with a strong downside slope in it. The overall momentum of the indicator is bearish.



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