$CFX
The current status of the CFX/USDT currency pair shows positive technical signals indicating a potential upward wave. After a period of consolidation, strong accumulation pressure and increasing interest from large wallets are beginning to pay off. A bullish crossover in the Relative Strength Index (RSI) and the price approaching a breakout of a key resistance at $0.25 reinforce these expectations.
*Potential price targets:*
- *Level One:* 0.2325
- *Level Two:* 0.3110
- *Level Three:* 0.3868
- *Level Four:* 0.6298
The success of these expectations depends on the price stabilizing above the level of 0.1027, as this indicates the continuation of the upward trend. With increasing trading volumes and the evolution of the Conflux network, CFX stands out as one of the promising projects in the Asian market, supported by real partnerships and advanced Web3 applications ¹.
*Support and resistance levels:*
- *Support Level:* 0.1417
- *Resistance Level:* 0.1722
If the price stabilizes above the level of 0.1722, it may reach levels of 0.2270/0.2312 and 0.3040/0.3290. Trader analysis indicates that CFX may see a rise to levels of 0.3660 and 0.3992, with the potential for greater gains ¹.
*Conclusion:*
The current status of CFX/USDT shows strong upward potential, supported by positive technical signals and increasing interest from large wallets. Stabilizing the price above the level of 0.1027 is crucial for the continuation of the upward trend. With the evolution of the Conflux network and increasing trading volumes, CFX remains a promising project in the Asian market ¹.
