Conflux (CFX) is currently priced at $0.04398574, having experienced a 24-hour change of -4.66%. The price has fluctuated between a 24-hour high of $0.04644802 and a low of $0.04388266, indicating relatively low volatility with a daily range of 0.00256536%.

The trading volume stands at 9,337,073, corresponding to a market cap volume ratio of 4.11%. The short-term moving averages indicate a bearish trend, with the 8 SMA at $0.0445 (-1.19%), 13 SMA at $0.0451 (-2.43%), and 21 SMA at $0.0454 (-3.15%), reflecting consistent downward pressure on the price.

The 1-hour RSI is critically low at 24, indicating oversold conditions, while the 7-day RSI at 44 suggests weakening momentum without yet indicating a clear reversal. Over the past week, CFX has dropped approximately 19.73%, and its performance over the last 30 days shows a significant decline of 41.52%.

Despite a historical all-time high of $1.70 reached in March 2021, the current price reflects a substantial decline, which raises concerns about long-term viability. The substantial negative price changes across various time frames indicate persistent selling pressure and lack of bullish sentiment.

Given the bearish indicators from both technical analysis and price action, the recommendation for Conflux (CFX) is to Hold. While the oversold RSI suggests potential for a rebound, the prevailing downtrend and significant losses over the past month indicate that a more favorable entry point may emerge in the near future.