Centrifuge (CFG) has surged by 27% over the past weeK. The decentralized credit platform token is attracting demand, suggesting the potential for more upside in the coming sessions.
On the daily chart, the Chaikin Money Flow (CMF) stands above the zero line at 0.02 and is trending upward. This signals increasing capital inflows and reflects stronger buying pressure. Such accumulation points to rising investor confidence in CFG’s momentum.
If the bullish trend holds, CFG could extend its rally.
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Leader in crypto news, award winning journalism in 26 languages.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.