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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 |
|---|---|---|
| Apr 19, 2024 | $23.0026 | Neutral |
| May, 2024 | $ 0.3213 USD | Downside |
| June, 2024 | $ 0.4103 USD | Downside |
| July, 2024 | $ 0.3701 USD | Downside |
| October, 2024 | $ 0.5719 USD | Downside |
| April, 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 |
|---|---|---|
| May 20, 2023 | $0.299 | $140,767 |
| May 19, 2023 | $0.2937 | $10,766 |
| May 18, 2023 | $0.3008 | $8,846 |
| May 17, 2023 | $0.3136 | $7,625 |
| May 16, 2023 | $0.2869 | $16,131 |
| May 15, 2023 | $0.2796 | $8,915 |
| May 14, 2023 | $0.2511 | $6,937 |
| May 13, 2023 | $0.2484 | $4,131 |
| May 12, 2023 | $0.2555 | $10,094 |
| May 11, 2023 | $0.2668 | $24,812 |
| May 10, 2023 | $0.2579 | $13,719 |
| May 9, 2023 | $0.251 | $11,791 |
| May 8, 2023 | $0.2934 | $4,793 |
| May 7, 2023 | $0.2969 | $3,780 |
| May 6, 2023 | $0.3216 | $4,247 |
| May 5, 2023 | $0.3239 | $5,774 |
| May 4, 2023 | $0.3278 | $9,365 |
| May 3, 2023 | $0.3113 | $7,488 |
| May 2, 2023 | $0.307 | $4,125 |
| May 1, 2023 | $0.3194 | $9,197 |
| April 30, 2023 | $0.3309 | $3,453 |
| April 29, 2023 | $0.3379 | $11,321 |
| April 28, 2023 | $0.3326 | $7,428 |
| April 27, 2023 | $0.3274 | $8,478 |
| April 26, 2023 | $0.3151 | $12,308 |
| April 25, 2023 | $0.2954 | $9,873 |
| April 24, 2023 | $0.2866 | $5,098 |
| April 23, 2023 | $0.2967 | $4,644 |
| April 22, 2023 | $0.2907 | $4,477 |
| April 21, 2023 | $0.3222 | $10,890 |
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.