After an 80% correction from $0.55 this year, CFX seems to have found its lowest price of the year at $0.125. With Bitcoin's positive price movement, CFX looks to provide positive price movement. The signs are that the price action crossed the 21 SMA (weekly chart), and the RSI reversed and crossed the 50 boundaries. CFX's target is to make a higher high after...
As we know, the price of GALA/USDT has risen 320% since the beginning of 2024. As prices rise impulsively, they will correct at any time. GALA/USDT has corrected 60% from its March high ($0.08677). This correction aligns with the prediction of the Fibonacci indicator at 0.68. When viewed from the daily chart, GALA is still bullish. I think GALA will have two...
Conflux (CFX) is a public layer-1 blockchain that is more scalable, decentralized, and secure than existing protocols and is designed to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. Conflux makes it easier to transfer valuable assets by making the process quick, effective, free of network congestion, and with low transaction...
Here is my view on the price movement of Bitcoin (BTC/USDT) 4h timeframe. Bitcoin's 4-hour timeframe is still bearish. It is currently heading towards the supply area and testing the 100-moving average. The result of this test suggests two possibilities: either Bitcoin will continue to rise and change the bearish trend to bullish, or Bitcoin will correct back to...