Conflux price begins forming bullish pattern on lower time frame – Avorak AI flashes buy signals
Conflux has been drawing the attention of traders and investors lately due to its recent price movements. Over the past few weeks, the Conflux price has formed a bullish pattern on the lower time frame, indicating an upward trend. Avorak AI recently signaled potential in buying CFX, further reinforcing the coin’s bullish sentiments.
What is Conflux (CFX)?
Conflux is a blockchain platform that was developed in China. The platform is designed to offer a high-performance blockchain that can handle a large volume of transactions while maintaining security and reliability through its unique consensus mechanism, TreeGraph. Overall, Conflux is a promising platform for anyone looking to engage with the world of blockchain and decentralized technology.
Conflux (CFX) price movements
The Conflux price has been rising since the start of 2023. Despite this, many investors were skeptical of investing in fear of the volatile crypto market. However, Conflux is forming bullish patterns even on the lower time frame, and many experts, including Avorak AI, suggest buying CFX.
What is Avorak AI?
Avorak AI is a new AI project running on the Binance Smart Chain. Avorak combines blockchain and AI capabilities to offer solutions catering to different industries. The platform intends to integrate services via API into a closed-loop secure system, allowing for online shopping with automatic check-outs, generating images, and creating short or long bodies of text in various styles of writing, 3D modeling, and other future use cases.
Many crypto analysts on YouTube, such as Crypto Shrek, are discussing Avorak’s AI solutions. Avorak Trade has especially brought significant attention to the AI platform and caused increased tweets about its ICO. This is because the Avorak AI ICO event allows users to get AVRK tokens, which are used to access Avorak’s ecosystem and pay for its AI services at a relatively low price. In the current phase 2, 1 AVRK is selling at $0.105, and investors get a 9% on-top bonus in addition to other benefits.
What is Avorak Trade?
Avorak Trade is an all-in-one AI trading solution. It offers unique advantages that set it apart from many other providers. Avorak AI uses text and voice-to-text input systems, which is possible through NLP and other deep learning mechanisms. This has created an AI trading bot that does not require code-based inputs. Avorak’s AI bot is instead programmed using a standard script.
Additionally, Avorak Trade can work on multiple exchanges and asset classes, which many AI trading bots have yet to achieve. It also includes notification systems that alert traders in case of changes in trends and patterns.
Avorak’s deep learning algorithms can recognize patterns, identify trends, and provide predictions about future prices in the market faster than humans. And Avorak AI is flashing buy signals in light of the recent Conflux (CFX) news.
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