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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 |
|---|---|---|
| October 22, 2022 | $0.03809 | $8,246 |
| October 21, 2022 | $0.0381 | $6,165 |
| October 20, 2022 | $0.0388 | $15,890 |
| October 19, 2022 | $0.0447 | $10,051 |
| October 18, 2022 | $0.03768 | $21,728 |
| October 17, 2022 | $0.03722 | $20,048 |
| October 16, 2022 | $0.03978 | $10,286 |
| October 15, 2022 | $0.03527 | $16,722 |
| October 14, 2022 | $0.03554 | $8,534 |
| October 13, 2022 | $0.03689 | $15,671 |
| October 12, 2022 | $0.03827 | $10,924 |
| October 11, 2022 | $0.03922 | $4,635 |
| October 10, 2022 | $0.04156 | $18,599 |
| October 9, 2022 | $0.04117 | $16,858 |
| October 8, 2022 | $0.04153 | $5,676 |
| October 7, 2022 | $0.04192 | $12,451 |
| October 6, 2022 | $0.04206 | $8,480 |
| October 5, 2022 | $0.04222 | $16,953 |
| October 4, 2022 | $0.04221 | $15,612 |
| October 3, 2022 | $0.04124 | $11,361 |
| October 2, 2022 | $0.04145 | $14,435 |
| October 1, 2022 | $0.04212 | $3,935 |
| September 30, 2022 | $0.04195 | $14,311 |
| September 29, 2022 | $0.04185 | $13,550 |
| September 28, 2022 | $0.04263 | $10,901 |
| September 27, 2022 | $0.04357 | $6,853 |
| September 26, 2022 | $0.04234 | $7,914 |
| September 25, 2022 | $0.04267 | $15,948 |
| September 24, 2022 | $0.04286 | $9,898 |
| September 23, 2022 | $0.0435 | $10,642 |
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.