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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 19, 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 |
|---|---|---|
| January 20, 2023 | $0.02622 | $2,694 |
| January 19, 2023 | $0.02556 | $3,367 |
| January 18, 2023 | $0.02426 | $3,456 |
| January 17, 2023 | $0.02712 | $2,866 |
| January 16, 2023 | $0.02764 | $4,145 |
| January 15, 2023 | $0.02744 | $5,023 |
| January 14, 2023 | $0.02554 | $5,202 |
| January 13, 2023 | $0.0245 | $2,476 |
| January 12, 2023 | $0.02417 | $9,631 |
| January 11, 2023 | $0.02404 | $2,601 |
| January 10, 2023 | $0.02363 | $2,662 |
| January 9, 2023 | $0.02358 | $4,959 |
| January 8, 2023 | $0.02275 | $2,539 |
| January 7, 2023 | $0.02271 | $1,908 |
| January 6, 2023 | $0.02276 | $3,847 |
| January 5, 2023 | $0.02287 | $3,788 |
| January 4, 2023 | $0.02234 | $2,042 |
| January 3, 2023 | $0.02246 | $2,293 |
| January 2, 2023 | $0.02208 | $4,586 |
| January 1, 2023 | $0.02211 | $2,958 |
| December 31, 2022 | $0.02206 | $3,908 |
| December 30, 2022 | $0.02232 | $2,708 |
| December 29, 2022 | $0.02307 | $2,180 |
| December 28, 2022 | $0.02458 | $2,843 |
| December 27, 2022 | $0.0216 | $4,071 |
| December 26, 2022 | $0.02254 | $2,333 |
| December 25, 2022 | $0.02319 | $2,411 |
| December 24, 2022 | $0.02294 | $2,494 |
| December 23, 2022 | $0.02289 | $2,527 |
| December 22, 2022 | $0.01675 | $1,897 |
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.