Conflux Price Prediction: CFX Is No. 1 Gainer With 39% Pump, But Traders Buy This Telegram Trading Bot To Find 10x Cryptos

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Is It Too Late To Buy CFX? Conflux Price Skyrockets 63% On China Stablecoin News And This Might Be The Next Crypto To Explode
Is It Too Late To Buy CFX? Conflux Price Skyrockets 63% On China Stablecoin News And This Might Be The Next Crypto To Explode

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The Conflux price soared 39% in the last 24 hours to trade at $0.2587 as of 4:50 a.m. EST on trading volume that skyrocketed 285% to $590.14 million.

The CFX price surge was enough to make the crypto the leading gainer in the market.

Conflux Price Prediction

The Conflux price started its surge late yesterday, after trading sideways between $0.18 and $0.19 for most of the day. The token initially approached a resistance at $0.20, which held it from going further up for about nine hours, only for it to then skyrocket past it around midnight, breaking the resistance and skyrocketing to $0.2712.

This was followed by a brief correction to $0.25, only for the token to start recovering again, which allowed it to climb back up to $0.2587 at the time of writing. Its Bollinger Bands have seen a massive widening over the last several hours thanks to the sharp surge, and they still remain extremely wide, even though the price has dipped slightly and is no longer pushing the upper band.

Conflux Price Prediction

CFX/USDT chart analysis (Source: TradingView)

The token’s Relative Strength Index (RSI), on the other hand, is still in the overbought zone. It soared yesterday from the value of 30 at the edge of the oversold area, reaching the neutral value of 50, and then going up to 70. It then dropped back down to 50 as some traders took profit, not expecting the price to go higher than that.

However, a new wave of investors and traders pumped the RSI to nearly 90 over the last few hours, only for some to once again sell early. However, many are still optimistic and new buyers are still entering the charts, so the RSI managed to resist and stay in the overbought zone for over 6 hours now.

Promising Alternative To Conflux

As the Conflux price hovers in overbought territory, investors are buying into the presale for Snorter Token (SNORT).

This is a native token of a new trading bot operating in Solana’s ecosystem. Snorter calls itself the Solana meme crypto trading bot, and it is confident that it can easily find 10x cryptos for traders to invest in.

As a trading bot, Snorter can process market information almost instantly and quickly respond to any changes that might indicate that a crypto is about to soar, thus using every opportunity to earn money on the trader’s behalf. Furthermore, those who buy its native token early also get some exclusive perks, including the lowest fees on Solana, fast trade executions, exclusive access to new tokens, and increased security.

The project’s presale has already raised over $2.55 million, and as the demand continues to build up, more money is pouring into its ICO. Now, even crypto experts like ClayBro, a YouTuber with more than 136k subscribers, see potential in the project and believe it could itself soar 10x after going live.

If you wish to join others who bought SNORT tokens early, now is the time to buy, as its price is still only $0.0997. Buy before the next presale price hike in about 44 hours.

Visit the Snorter Token website.

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