What’s going on in Conflux (CFX), which has loosened to the $0.285 support after a long time, can the reaction rises come?
Another coin hit by the swing in Bitcoin was CFX. CFX, which has decreased by 17 percent in the last three days, has reached the support level again. The ineffectiveness of this support level may bring the bottom prices in CFX. Danger bells are ringing for CFX, which has been selling hard after hitting $ 0.334. Can CFX keep its current value and turn up its course? What’s the latest on the chart for CFX?
Conflux (CFX) Graphic Analysis
CFX, which came back to the level of $ 0.285 after a few weeks, is trying to find strength from this point. CFX, which is one of the coins affected by the market pullback, has lost 17 percent in the last three days. CFX, which is currently trading at full support, can be withdrawn to $0.247 and $0.222 if it fails to maintain this level.
In order to observe the increases in CFX, the current price must be maintained and the resistances must be targeted. The resistance levels for CFX are $0.334 – 0.363 – 0.398 and $0.43 respectively. The 0.334 resistance is a critical value in CFX’s price action. This value was often not exceeded and brought sales pressure.