Conflux’s native token CFX staged a powerful two-day breakout, posting consecutive hourly double-digit gains amid a broader market that remains mixed. On October 10, 2026, CFX surged 10.14% in one hour to trade at $0.05886, with 24-hour gains reaching 19.27%. The token’s intraday range spanned a low of $0.04946 and a high of $0.05892, while trading volume stood at approximately $7.79 million.
The rally accelerated further on October 11, when CFX jumped another 10.31% within an hour, climbing from $0.06015 to $0.06635. The 24-hour percentage change widened to 29.36%, and trading volume expanded sharply to about $32.1 million. Over that period, the 24-hour low was $0.05836 and the high matched the new peak at $0.06635.
Market commentary points to altcoin rotation and sector momentum as likely drivers, with traders reassessing portfolios and moving toward assets showing relative strength. Price levels cited by traders place immediate support near $0.060 after the move higher, with the next resistance at $0.070. A sustained break above resistance could reinforce bullish momentum, while a retreat below support may invite caution.
Despite CFX’s strength, broader cryptocurrency markets remain mixed, suggesting the move is token-specific rather than indicative of a uniform market-wide shift. The rapid expansion in volume underscores rising speculative interest, but sustainability will depend on whether buying pressure persists beyond short-term momentum.
