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Possible bearish downtrend on Conflux Network Downside
Conflux Network's price has performed poorly over the past weeks. Buying CFX at this time may lead to loss of capital.
| CFX Price | $0.2973 USD |
| Price Change 24hours | $-0.0088 USD (-2.87%) |
| 24h Low / 24h High | $0.2931 / $23.0026 USD |
| Trading Volume 24hours | $275,711,072 USD |
| Market Cap | $1,602,344,832 USD |
Conflux Network Analysis
1. Soon after, Conflux established itself as the only state endorsed public, permissionless blockchain in China.This progressive research provides a solution to the ‘blockchain trilemma’ problem with a novel Tree-Graph consensus mechanism that optimizes security, scalability and decentralization.
2. In 2018, the Conflux Foundation was formed and a regulatory compliant fundraise was completed to build an open infrastructure based on this breakthrough consensus mechanism.
3. Want to invest in Conflux Network? you may also like other coins like
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| May 4, 2024 | $23.0026 | Neutral |
| June, 2024 | $ 0.3213 USD | Downside |
| July, 2024 | $ 0.4103 USD | Downside |
| August, 2024 | $ 0.3701 USD | Downside |
| November, 2024 | $ 0.5719 USD | Downside |
| May, 2025 | $ 0.5971 USD | Downside |
CFX Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| What will be the highest price of Conflux Network (CFX) in future? | Our analysis shows Conflux Network is already past it's immediate all time high, indicating a bearish signal! |
| Will Conflux Network (CFX) price increase in future? | No. Our algorithms indicate that Conflux Network (CFX) will experience a significant decline in future. As low as $0.5971/CFX |
| Will an Investment in Conflux Network (CFX) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of Conflux Network (CFX) in future? | $0.5971 USD |
| Will the price of Conflux Network (CFX) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 Conflux Network? | Our analysis shows an end of year prognosis of 1CFX = $0.5971 USD. |
| Where do I buy Conflux Network? | We have curated some great options. Buy CFX coin here → |
Historical Price Data (USD)
Poor volume like CFX could be an indication of short term bearishness.
| Date | Price | Volume |
|---|---|---|
| February 19, 2023 | $0.1558 | $23,343 |
| February 18, 2023 | $0.1516 | $11,096 |
| February 17, 2023 | $0.1391 | $22,304 |
| February 16, 2023 | $0.09248 | $20,431 |
| February 15, 2023 | $0.05602 | $12,843 |
| February 14, 2023 | $0.05167 | $3,483 |
| February 13, 2023 | $0.0541 | $3,926 |
| February 12, 2023 | $0.05755 | $2,655 |
| February 11, 2023 | $0.05722 | $2,809 |
| February 10, 2023 | $0.05472 | $6,305 |
| February 9, 2023 | $0.06455 | $5,261 |
| February 8, 2023 | $0.07021 | $3,262 |
| February 7, 2023 | $0.0636 | $3,805 |
| February 6, 2023 | $0.0634 | $3,137 |
| February 5, 2023 | $0.06701 | $1,233 |
| February 4, 2023 | $0.06989 | $3,888 |
| February 3, 2023 | $0.07606 | $4,459 |
| February 2, 2023 | $0.05778 | $9,876 |
| February 1, 2023 | $0.0547 | $4,131 |
| January 31, 2023 | $0.05467 | $4,297 |
| January 30, 2023 | $0.06351 | $9,439 |
| January 29, 2023 | $0.06337 | $8,453 |
| January 28, 2023 | $0.06903 | $11,978 |
| January 27, 2023 | $0.06085 | $11,454 |
| January 26, 2023 | $0.03174 | $29,691 |
| January 25, 2023 | $0.02926 | $3,310 |
| January 24, 2023 | $0.02895 | $2,549 |
| January 23, 2023 | $0.02751 | $3,071 |
| January 22, 2023 | $0.027 | $2,832 |
| January 21, 2023 | $0.02737 | $2,464 |
Steps to buy Conflux Network (CFX) in 2024
- Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports CFX/BTC pair.
- Now, Buy Conflux Network with BTC: Below is a detailed breakdown of exchanges that support Conflux Network and their trading.