Conflux (CFX) is currently trading at $0.050848, reflecting a 24-hour decline of 4.69%. The price is within a narrow daily range, hitting a high of $0.053389 and a low of $0.050786, indicating low volatility in the current market environment.

Volume has reached 5,033,787, contributing to a market cap volatility ratio of 1.92%. The short-term moving averages are all trending downwards, with the 8 SMA at $0.0514 down 0.99% and the 144 SMA at $0.0529 down 3.80%, which suggests continued bearish sentiment in the market.

The 1-hour RSI is at 33, indicating that CFX is nearing oversold territory, while the 7-day RSI is at 44, further underscoring a lack of momentum. Recent price changes show a 7-day decline of 6.21%, contrasting with a 14-day increase of 7.62%, suggesting potential recovery in the near term after recent sell-offs.

Over the past 30 days, CFX has lost 28.94% of its value, reflecting sustained bearish pressure. The all-time high of $1.70 achieved in March 2021 remains a significant distance away, highlighting the challenges the asset faces in regaining past performance levels.

Given the current technical indicators and fundamental data, the outlook for CFX is cautious. The bearish trend in moving averages combined with the relatively low RSI suggests potential short-term opportunities, but the overall trend remains negative.

Rating: Hold. The current price levels indicate a potential for stabilization, but until there is a clear reversal signal in moving averages and sustained RSI improvements, waiting for a more favorable entry point is advisable.