After prices started to plummet in March of this year, Conflux (CFX) is trying to hold on to its $0.30 support area as good as it can. While Conflux (CFX) struggles, Collateral Network (COLT) faces some of the best predictions on the crypto market, as experts believe it’ll rise to $0.35 by 2024.
Conflux (CFX) Holds on for Dear Life at $0.30
After the Conflux (CFX) yearly high of $0.49 on the 19th of March, Conflux (CFX) holders have seen a constant downward slope in prices, leading them to question the future of the Conflux (CFX) coin. Analysts and experts struggle to predict how Conflux (CFX) prices will act in the future, as the Conflux (CFX) coin is currently trading inside its long-term horizontal support levels.
However, according to Conflux’s (CFX) daily RSI, many predict decreases in Conflux (CFX) prices in the future, as the indicator has fallen below 50. The next support area for Conflux (CFX) prices is at $0.16, meaning that we might see a freefall from the current price of $0.32 to $0.16.
Collateral Network (COLT) To Jump to 0.35$ by 2024
Collateral Network (COLT) has been the talk of the town ever since it opened its public presale. Set to bring in never-before-seen real-world utility and wide access to loans on the blockchain, Collateral Network (COLT) has dazzled investors and analysts from all over, leading them to predict a surge that will see Collateral Network (COLT) trading at $0.35 by 2024.
Collateral Network (COLT) is the first-ever decentralized lending platform that will allow individuals to get loans by leveraging real-world assets. For example, let’s say you have a $10,000 necklace and need to borrow money to finance a project. You can send the necklace to Collateral Network (COLT) for valuation. After the valuation, Collateral Network (COLT) will store your necklace in its vault and keep it until you repay your loan.
You’ll get the funds you need after Collateral Network (COLT) mints an asset-backed NFT against your necklace and offers it in fractions to lenders. Multiple lenders can finance your loan, and by doing so, they’ll receive fixed-interest weekly payments until the loan is repaid. Once the loan is settled, Collateral Network (COLT) will burn the NFT and return the necklace to you.
Currently, Collateral Network (COLT) is trading at $.0.014, a 40% increase from its starting price of $0.01. So, not only is the $0.35 feasible, but it’s also nearer than we think. Thus, don’t miss out on this coin’s game-changing gains, and check out its presale portal to get your $COLT coins fast.
Conclusion
It’s all been going downhill for CFX ever since the coin hit its yearly high in March this year. Therefore, investors are worried about the coin’s future and trying to hold on to the coin’s support area of $0.30.
On the other side, the sun is shining brightly for Collateral Network (COLT), as experts predict the coin’s price to go up to $0.35 by 2024.
Read more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
