$0.26
+ $0.01 (5.12%)
End-of-day quote: 2022-10-17
CFX/USD

Is Conflux on an uptrend?

No, the price is less than all three moving averages, making it a downtrend

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Conflux price prediction for 2023

Let's look at the one-year forecast more closely since it is the most accurate of the analysts' forecasts.

Analysts had various forecasts for the Conflux price over the next year. While the most optimistic forecast predicted a 12-month price target of $0.31, the most pessimistic forecast would be $0.24.

The most recent average price target for the next year is $0.27, which is the most important figure.

This suggests a potential gain of 2.96 percent.

CFX - Relative Strength Forecast

Conflux broke through the 25 strength line from above on 2022-07-16 and then changed into a weak trend, which thereby generated sell signals that lasted one month. Mid Aug 2022 we see how the relative strength falls from above 25 to below 25. Thus, Conflux has been in a sell signal since 2022-08-15.

CFX - Trend Prediction

CFX - Price Volatility Prediction

From 02/05/2022 we see a weak Conflux below the moving average, which thereby causes falling prices of Conflux. From mid Apr 2022 we then see a weak Conflux, which then triggers a sell signal.

CFX - Relative Strength

From 09/14/2022 to 09/15/2022 Conflux was so overbought that this led to a reversal trend. Mid Oct 2022 we then see Conflux developing more and more weakness, which is a sell signal.

CFX - Momentum Forecast

Mid Oct 2022 Conflux left the overbought zone to the downside, resulting in a short-term negative change in trend. In October we then see weak volatility for Conflux for a longer period of time which led to negative signals for Conflux.

Conflux projections through 2025-2030

Conflux's long-term prospects appear to be good. According to four analysts, Conflux is expected to reach $0.28 by March 2025. The five-year forecast projects that the Conflux price will be $0.30 by March 2027. The long-term prediction for 2030 is $0.33.