The recent bullish surge in the price of Conflux (CFX) appears to be stalling, as the cryptocurrency faces a notable resistance in the form of its 20-day exponential moving average (EMA).
On July 12, CFX advanced 11.22% to retest the 20-day EMA and the Fib 0.236 level at $0.2096.
However, in today's session, the CFX price is showing signs of weakness as it slips down 1.99% so far today, teetering around $0.1973....
Read More: Is it Too Late to Buy Conflux? CFX Pumps Up 11% in 24 Hours and Mr. Hankey Coin Presale is Launching in Less Than 24 Hours – 100x Potential?
-Advertisement-
Popular
- DRDO Successfully Tests Advanced Missile System of Solid Fuel Ducted Ramjet technology
- RBI Assistant Selection Process 2026: Check Three Main Steps
- Chingari’s GARI Token To Make Historic Debut on Six Top Crypto Exchanges
- New Crypto Asset Blasts Into the Top 10, Hits Staggering $18,635,000,000 Market Cap
- Week in Review: Most popular stories on GeekWire for the week of May 16, 2021