Conflux (CFX) is currently trading at $0.04800403, reflecting a 4.81% decrease over the last 24 hours. The daily price range has been tight, with a high of $0.05043 and a low of $0.04770362, indicating limited volatility in the short term.

Volume stands at 9,037,025 with a volume-to-market cap ratio of 3.64%, suggesting moderate trading activity relative to its market capitalization. The hourly moving averages show mixed signals, with the 8 SMA indicating a slight upward movement, while longer-term SMAs reflect bearish trends, particularly the 144 SMA which is down 6.34%.

The 1-hour RSI is at 48, indicating neutrality, while the 7-day RSI at 43 suggests the asset is approaching oversold conditions. Over the past week, CFX has decreased by approximately 11%, but the 14-day price change shows a slight recovery of 4.18%, contrasting the sharp decline of 31.76% over the past 30 days.

Fundamentally, CFX is significantly below its all-time high of $1.70, achieved in March 2021, indicating considerable downside from historical levels. Current sentiment may be influenced by broader market trends and the performance of competing cryptocurrencies, which are also experiencing fluctuations.

Considering the mixed technical indicators and the overall bearish trend over the last month, a cautious approach is warranted. Therefore, the recommendation is to Hold CFX at this stage, as the asset may stabilize or show a potential recovery in the short term while awaiting clearer bullish signals.