Conflux Price Prediction: Boosted by AI game partnership, surged 9%. Can CFX reach $0.093?

Recently, Conflux (CFX) experienced a significant rebound due to its collaboration with AI gaming project PlaysOut, quickly boosting short-term market sentiment. Since hitting resistance at $0.146 a month ago, CFX has been trading within a downward channel, with a temporary low near $0.06. After weeks of stagnation, signs of a rebound have emerged, but the overall structure remains cautious.

As of press time, CFX is trading around $0.072, with an intraday increase of nearly 9%. Meanwhile, trading activity has significantly intensified, with 24-hour trading volume surging over 350% to approximately $58 million, and market capitalization approaching $400 million. This change indicates a notable uptick in short-term capital participation, but it does not necessarily mean the trend has fully reversed.

The improved market sentiment mainly stems from the news of Conflux’s partnership with PlaysOut. The two parties announced plans to explore AI-driven blockchain gaming, cross-chain interoperability, and the transition from Web2 to Web3. This collaboration involves scalable Layer 1 infrastructure, deployment of mini-games on the Conflux network, and regional market applications. For the long-underperforming CFX, this news serves as an important emotional catalyst.

In the spot market, buy-side activity is clearly dominant. Data shows that after the announcement, buy orders on major trading platforms significantly outnumbered sell orders, forming a clear short-term spot accumulation pattern. This buyer-led dynamic reflects some traders’ speculative optimism about Conflux’s AI gaming concept and cross-chain development prospects.

However, after the price rebound, signs of profit-taking have also appeared. Recently, net inflows into spot holdings have turned positive, typically indicating that some investors are depositing tokens into exchanges to lock in profits during the rebound. Historically, in a still-weak overall trend, such capital flows often exert downward pressure on CFX’s price.

Technical indicators also show mixed signals. The RSI briefly rose above 50 before falling back, while the trend strength indicator remains in negative territory, indicating that bearish momentum has not fully dissipated. Overall, if buying momentum can continue, Conflux’s price may test the key target of $0.093; conversely, if selling pressure reasserts dominance, CFX could fall back toward $0.068. Currently, Conflux remains at a critical juncture for direction.

CFX-0,46%
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Last edited on 2025-12-26 05:17:58
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