Conflux demonstrates powerful growth: current price $0.2446, +30% in 24 hours! 📈 Technical analysis indicates bullish momentum: the price has broken the 50-day EMA ($0.22), and RSI (68.84) signals a strong trend without overbought conditions. Trading volumes have increased to $399.58M, reflecting interest following news of the offshore yuan stablecoin launch and Tree-Graph 3.0. Key levels: resistance $0.26–$0.30, support $0.20–$0.18.
Forecast for 2025: analysts expect a range of $0.24–$0.47, with potential up to $0.85 as the Asian market strengthens and DeFi adoption increases. Long-term prospects: by 2030 the price could reach $1–$4 if Conflux strengthens its position as a regulatory-approved blockchain platform in China. Risks: volatility and token concentration among whales (50% in the top 2 wallets).
Short-term target: breaking $0.30 could open the way to $0.50. If it drops below $0.20, a correction to $0.15 is possible. Keep an eye on the news and BTC movement!
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