Conflux price has been moving inside a triangle pattern since mid-July, and the structure is now narrowing to its final point. Patterns like this rarely stay quiet for long. Analyst Clifton Fx has noted how the CFX price is nearing a breakout zone that could define its next big move.
On the chart, the CFX token rallied sharply in July, creating a huge vertical candle that pushed price into new territory. Since then, CFX has been consolidating in a triangle pattern. Each bounce has been slightly lower on the top side while holding firm support at the bottom. This kind of setup often signals that the market is preparing for a strong breakout, either up or down.
Clifton Fx points out that the current shape of the triangle leaves less and less room for sideways trading. Once price pushes out of the structure, momentum could follow quickly. According to his analysis, a successful breakout to the upside could open the door to a rally of 100% to 150%.
CFX Token Could Target $0.34 If Breakout Succeeds
The chart shared by Clifton Fx shows the potential upside target. If CFX price breaks out as expected, it could climb from around $0.17 toward the $0.34 level. That would almost double the value from current levels and possibly push it even higher if momentum builds. For traders who follow technical analysis, these kinds of breakouts often attract fresh attention as volume increases and price begins to move fast.
It is important to note that the market could also break the other way if buyers fail to hold support. The narrowing structure works both ways, which is why many traders look for confirmation before making moves.
The CFX price pattern has been building for months, and the market looks ready to make a decision soon. Analyst Clifton Fx highlights the breakout zone as the key level to watch. If Conflux price clears resistance with strength, the CFX token could rally 100% to 150% from here, setting up one of the more dramatic moves in this market cycle.
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