Conflux (CFX) is currently trading at $0.08043, reflecting a notable 5.46% increase over the last 24 hours. The price has oscillated between $0.073993 and $0.080373 in this period, showcasing a daily range of 8.51%, indicative of heightened trading activity.

Trading volume stands at 17,586,641, contributing to a market cap volume ratio of 4.25%, which suggests moderate liquidity. The hourly moving averages indicate bullish momentum across different time frames, with the 8 SMA, 13 SMA, and 21 SMA all showing gains ranging from 3.48% to 5.04%, reinforcing a positive short-term trend.

The 1-hour RSI is elevated at 84, signaling that CFX may be overbought in the immediate term. However, the 7-day RSI at 54 reflects a more balanced condition, suggesting potential for continued upward movement without immediate overextension.

In the past month, CFX has appreciated by 18.60%, reflecting strong investor interest and market sentiment. The previous two weeks also exhibited positive performance, with 14-day and 7-day price changes of 6.50% and 3.64%, respectively, supporting a bullish outlook.

Despite being well below its all-time high of $1.70 reached in March 2021, the current price action indicates a potential for recovery, especially with positive momentum in the short to medium term. The current price level, combined with solid technical indicators, suggests that CFX is positioned for potential upward movement, particularly if it can maintain above the key support levels identified by the moving averages.

Given the overall analysis, the recommendation for Conflux (CFX) is to Buy. The combination of positive price momentum, supportive technical indicators, and moderate volume suggests favorable conditions for further gains in the short term, while the longer-term trajectory remains promising as well.