$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 starting to pay off. A bullish crossover in the Relative Strength Index (RSI) and the price approaching a breakout of a pivotal resistance at $0.25 reinforce these expectations.
*Potential price targets:*
- *First level:* 0.2325
- *Second level:* 0.3110
- *Third level:* 0.3868
- *Fourth level:* 0.6298
The success of these predictions depends on the price stabilizing above the level of 0.1027, as this indicates continued upward movement. With increasing trading volumes and the development 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 could reach levels of 0.2270/0.2312 and 0.3040/0.3290. Trader analysis suggests that CFX may experience a rise to levels of 0.3660 and 0.3992, with the potential for even greater gains ¹.
*Summary:*
The current situation 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 critical for continued upward movement. With the development of the Conflux network and increasing trading volumes, CFX remains a promising project in the Asian market ¹.
