Conflux Network is Currently Trading 18.58% Lower Than Our Price Prediction for March 22, 2024

• Thrilling information! Conflux Community has surged by 4.82% in opposition to the US Greenback at this time
• CFX/BTC is on the rise by 5.30% at this time
• CFX/ETH is displaying a powerful enhance of 6.26% at this time
• Presently, Conflux Community is buying and selling at a exceptional 18.58% under our prediction on Mar 22, 2024
• Within the final month, Conflux Community has seen a powerful achieve of 79.39% and a stable 4.34% enhance in comparison with this time final yr

Present Conflux Community value	$ 0.427361
Predicted Conflux Community value for Mar 22, 2024	$ 0.524875 (29.48%)
Sentiment	Bullish
Worry & Greed index	79 (Excessive Greed)
Key assist ranges	$ 0.383056, $ 0.358974, $ 0.329424
Key resistance ranges	$ 0.436689, $ 0.466238, $ 0.490321

Thrilling Forecast: CFX value set to surge by 29.48% within the subsequent 5 days based mostly on our Conflux Community value prediction

has reached a value of $ 0.427361 after a powerful 4.82% enhance within the final 24 hours. This places CFX forward of the cryptocurrency market, which has seen a 3.21% enhance in the identical timeframe. CFX has additionally proven robust efficiency in opposition to BTC at this time, showcasing a 5.30% achieve in opposition to the main cryptocurrency available in the market.

Primarily based on our prediction, CFX is anticipated to hit $ 0.524875 by Mar 22, 2024, indicating a big 29.48% value surge throughout the subsequent 5 days.

CFX Worth Prediction Chart

Commerce in your Conflux Community property now!

Current Developments: What’s been occurring with Conflux Community within the final 30 days?

Conflux Community has skilled a constructive pattern these days, with a considerable 79.39% enhance up to now 30 days. The mid-term outlook for Conflux Community is optimistic, with CFX rising by 136.06% within the final 3 months. Wanting again on the long-term, Conflux Community is displaying a 4.34% value change during the last yr. A yr in the past at this time, CFX was valued at $ 0.409600.

Mar 27, 2021, marked the all-time excessive for Conflux Community when CFX hit $ 1.72. The present cycle excessive for CFX stands at $ 0.485454, with the cycle low at $ 0.021852. Understand that CFX has been displaying excessive volatility not too long ago, as seen by means of its 17.16% 1-month volatility. Conflux Community recorded 17 inexperienced days throughout the final 30 days.

Technical Evaluation for Conflux Community at this time – Mar 17, 2024

The market sentiment for Conflux Community is at the moment optimistic, categorized as Bullish. Moreover, the Worry & Greed index is displaying Excessive Greed in the intervening time. Key assist ranges to watch embrace $ 0.383056, $ 0.358974, and $ 0.329424, whereas key resistance ranges are noticed at $ 0.436689, $ 0.466238, and $ 0.490321.

Bullish Indicators for Conflux Community

Presently, 84% of indicators are pointing in direction of a constructive outlook for Conflux Community, with 27 indicators indicating a bullish prediction and solely 5 suggesting a bearish forecast. With such a excessive proportion favoring positivity, the general sentiment for Conflux Community is Bullish.

Crypto Market Panorama: Excessive Greed Prevails

The Worry & Greed index at the moment stands at 79 (Excessive Greed), indicating a powerful constructive sentiment amongst traders. This index serves as a gauge of investor sentiment throughout the cryptocurrency market. An Excessive Greed studying suggests heightened optimism, although it might additionally trace at a probably overvalued market. Conversely, Worry signifies warning amongst traders, probably signaling a shopping for alternative.

Conflux Community: Shifting Averages & Oscillators

Let’s delve into important technical indicators showcasing the present positioning of Conflux Community available in the market by means of key transferring averages and oscillators.

Interval	Day by day Easy	Day by day Exponential	Weekly Easy	Weekly Exponential
MA3	$ 0.342931 (BUY)	$ 0.300367 (BUY)	–	–
MA5	$ 0.345594 (BUY)	$ 0.274320 (BUY)	–	–
MA10	$ 0.327601 (BUY)	$ 0.242143 (BUY)	–	–
MA21	$ 0.302775 (BUY)	$ 0.213089 (BUY)	-$ 0.08 (BUY)	$ 0.207559 (BUY)
MA50	$ 0.256874 (BUY)	$ 0.184538 (BUY)	-$ 0.09 (BUY)	$ 0.185001 (BUY)
MA100	$ 0.223033 (BUY)	$ 0.170542 (BUY)	-$ 0.06 (BUY)	$ 0.138599 (BUY)
MA200	$ 0.209990 (BUY)	$ 0.170875 (BUY)	–	–

Closing Ideas on Conflux Community Prediction

Contemplating all components, the present outlook for Conflux Community’s value prediction is Bullish. To succeed in the goal of $ 0.524875 throughout the subsequent 5 days, CFX would want to bear a considerable 29.48% enhance. Wanting forward, it will likely be essential to keep watch over CFX market sentiment, key assist and resistance ranges, and different related metrics. Keep in mind, the cryptocurrency market is extremely unpredictable, and even main crypto property expertise important value fluctuations. For long-term Conflux Community value projections, click on right here.