
Conflux jumps 17% as China calls for national blockchain network
- —CFX rose 17% in 24 hours to $0.0604, peaking at $0.064
- —Trading volume surged 1,071% to $157 million
- —Derivatives volume jumped 2,007% to $449 million; open interest rose 44% to $44 million
- —RSI climbed to 68 after a bullish crossover
Why it matters: If demand holds, CFX could test $0.07 and $0.077; fading speculation would send it back toward $0.055.
Source: AMBCrypto