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Shamii

07/20 16:27

What’s next after CFX’s surge? Looking at the tec

What’s next after CFX’s surge?

Looking at the technical outlook of Conflux’s price chart showed the altcoin had broken above consolidation that had been in place for about four months.

CFX broke above the $0.10 zone with great momentum, leading to the 40% positive change in its market value.

However, the continued surge in price could expose CFX to a correction. The distinct level where a major hurdle may be met looks to be $0.18, per the price structure.

If CFX was to do a retest, the $0.10 seemed to be the optimal zone where this could happen. Alternatively, continued momentum of the altcoin could topple the chances of a correction.1753028839665.png

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