Market Overview: Conflux/Tether (CFXUSDT) 24-Hour Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Dec 13, 2025 8:52 pm ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
USDT
--
CFX
--
Aime RobotAime Summary

- Conflux/Tether (CFXUSDT) traded between $0.0688 and $0.0735, closing at $0.0719 with increased volatility post-15:00 ET.

- A bullish engulfing pattern at $0.071–$0.0718 and RSI (60–65) signaled moderate upward momentum without overbought conditions.

- Bollinger Bands widened alongside 10.8M CFX volume ($755K turnover), confirming price action near key resistance at $0.0735.

- Fibonacci levels highlight $0.0714 (50%) and $0.0706 (61.8%) as critical support, with MACD and RSI favoring further upside potential.

Summary
• Price moved between $0.0688 and $0.0735, with a bullish bias in afternoon hours.
• A bullish engulfing pattern emerged at $0.071–$0.0718.
• Volatility expanded after 15:00 ET with increased volume and turnover.
• RSI reached 60–65, indicating moderate momentum but not overbought.
• Bollinger Bands widened, reflecting growing uncertainty and potential for breakout.

Conflux/Tether (CFXUSDT) opened at $0.0690 on 2025-12-12 12:00 ET, hit a high of $0.0735, a low of $0.0688, and closed at $0.0719 as of 2025-12-13 12:00 ET. Total volume was 10.8 million CFX, with a notional turnover of $755,000.

Structure & Formations


A bullish engulfing pattern formed around the $0.071–$0.0718 range, signaling a short-term shift in momentum. Key support levels appear to be forming at $0.0698 and $0.0693, while resistance levels are clustered near $0.0722 and $0.073.
A doji near $0.0716 in the early morning also suggests indecision among traders ahead of a breakout.

Moving Averages and Momentum



On the 5-minute chart, the price moved above the 20-period and 50-period moving averages, supporting the bullish trend. The MACD crossed into positive territory with expanding histogram bars, indicating strengthening upward momentum. The RSI climbed into the 60–65 range, suggesting moderate buying pressure without overbought conditions.

Volatility and Volume


Bollinger Bands widened significantly after 15:00 ET as the price surged toward $0.0735, reflecting rising volatility and trader attention. Volume spiked to over a million CFX traded in several hourly intervals, particularly around the $0.071–$0.073 range. Notional turnover mirrored this increase, confirming price action rather than diverging from it.

Fibonacci Retracements


Fibonacci retracement levels from the key swing high ($0.0735) to the swing low ($0.0693) show potential support at $0.0706 (61.8%) and $0.0714 (50%). A retest of the $0.0714 level could determine whether the trend continues higher or consolidates.

The price appears poised to test the $0.0735 resistance again in the next 24 hours, with the RSI and MACD favoring a continuation of the upward move. Traders should watch for a potential pullback to the 50% Fibonacci level or a breakdown in volume if the rally loses steam.