Conflux (CFX) is currently trading at $0.072539, reflecting a significant decline of 7.93% over the past 24 hours. The price has fluctuated between a high of $0.081601 and a low of $0.072013 during this period, indicating increased volatility within a daily range of approximately 0.009588%.

Volume for CFX stands at 21,508,904, with a volume-to-market cap ratio of 5.75%, suggesting a moderate level of trading activity relative to its market capitalization. The short-term moving averages are all trending downward, with the 8 SMA at $0.0798 showing a loss of 9.11%, indicating bearish sentiment and a lack of upward momentum in the immediate term.

The 1-hour Relative Strength Index (RSI) is significantly low at 24, signaling potential oversold conditions, while the 7-day RSI at 48 indicates that the asset is nearing neutral territory but has not yet shown bullish strength. Recent price changes show a decline of 5.41% over the past week and a more pronounced drop of 8.65% over the last 14 days, contrasted with a slight increase of 1.29% over the past month.

The all-time high for Conflux remains at $1.70, achieved on March 27, 2021, indicating substantial potential upside if market conditions improve. However, the current price is significantly below this peak, reflecting ongoing challenges in regaining investor confidence and market traction.

Based on the current technical indicators and recent price action, a Hold rating is appropriate for Conflux (CFX). The asset shows oversold conditions in the short term, but the overall bearish trend in moving averages and declining prices necessitate caution before considering new positions.