Conflux’s 41% Surge: Is $0.60 the Next Breakout Target or Just a Hype Trap?
Source: CoinMarketCap
For this reason, CFX is likely to gain more attention, particularly in the Asian market, which is gradually embracing the cryptocurrency space. So, where will the price move next?
Conflux price targets $0.60
Looking at the price action of Conflux, the weekly chart was showing a lot of strength. The strength was an extension of the rise that has been in place for the last two weeks.
Technical analysis showed that the CFX price had closed above the 200 MA at $0.16, confirming this shift.
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