Conflux (CFX) is currently priced at $0.074943, reflecting a 4.48% increase over the past 24 hours, with a daily trading range between $0.071727 and $0.076435. The trading volume stands at 18,279,856, representing 4.72% of the market cap, which indicates moderate liquidity for the asset.

The moving averages indicate mixed sentiment; the 55 SMA shows a positive momentum of 4.12%, while the shorter-term SMAs are trending slightly negative, suggesting a potential resistance around $0.0757 to $0.0753. The 1-hour RSI at 47 indicates that CFX is nearing neutral territory, while the 7-day RSI at 42 suggests weakness in the asset's momentum, confirming a bearish trend over the past week.

Fundamentally, CFX has experienced significant price declines over the last 14 days and 30 days, with losses of 16.25% and 21.17%, respectively. The all-time high remains significantly distant at $1.70, indicating that the current price is approximately 95.59% below that level, reflecting potential for recovery but also significant risk if the downward trend continues.

Considering the current technical indicators and recent price actions, CFX shows signs of short-term recovery but remains entrenched in a bearish trend over the longer timeframe. Given the mixed signals from moving averages and RSI levels, along with the recent price performance, a cautious approach is warranted.

Rating: Hold. The asset may present short-term trading opportunities, but the overall bearish trend and declining RSI suggest potential further downside risk if broader market conditions do not improve.