Chiliz (CHZ) Price Prediction 2024-2030: Will CHZ Price Hit $1 Soon?

• With a major sports event set to occur, CHZ’s price might reach $0.68 in 2024.
• While the price might hit $2.38 in 2026, it could fall to $$1.20 in 2027.
• The price of CHZ could be backed by increased minting of fan tokens in 2030, placing this price prediction at $6.50.

If you are looking for a project that combines the excitement of sport with the innovation offered by blockchain technology, it is no other than Chiliz (CHZ). As a blockchain-based project for sports, Chiliz has won the hearts of many fans who have gone on to mint different tokens on the network.

However, adoption has been slow of late, especially since the bear market of 2022. But with more tournaments coming up, interest in CHZ seems to be spreading like wildfire. For some traders, it’s time to be bullish on CHZ. 

For others, the token might not blow the minds of holders. Whichever side you pitch your tent, it is important to reach this CHZ price prediction from 2024 to 2030.

What is Chiliz (CHZ)?

Chiliz is the most popular cryptocurrency developed for sports and entertainment. Due to its wide range of real-life utility, Chiliz operates on three blockchains. These are Ethereum (ETH), Tron, and the Binance Smart Chain.

However, the project has its sidechain called “Socios.” Socios uses a proof-of-authority consensus which is less decentralized but secure and highly scalable. The sidechain also allows users to mint fan tokens easily.

Apart from that Chiliz has its native token known as CHZ. With CHZ, fans can participate in club-related discussions, and the token also enables users’ inclusion in governance. 

In addition, CHZ can be used to purchase fan tokens thanks to the smart contract available on the Socios network. For those unfamilar, some of the fan tokens already minted on the Chliiz network include the Barcelona fan token, the Juventus fan token, and the Manchester City fan token.

Chiliz (CHZ) Current Market Status

CHZ’s price as of this writing was $0.15. This value meant that the cryptocurrency’s price had increased by 21.42% in the last seven days. Furthermore, Chiliz’s trading volume in the last 24 hours was $336.25 million, representing a 114%.

The massive increase in trading volume was a sign of rising interest in the token. Currently, CHZ is ranked number 70 in terms of market cap, with a value of $1.35 billion. When it comes to the maximum supply, CHZ has 8.88 billion. 

This number is the same as the total supply and the number of tokens in circulation. As such, the project does not have tokens to unlock anytime soon. If you plan to buy CHZ, you can visit exchanges Binance, Coinbase, Upbit, Bybit, OKX, Gate.io, and a whole lot more.

Chiliz (CHZ) Price Analysis

CHZ seems to be breaking out at a time when most altcoins in the ecosystem are struggling with red candlesticks. However, it might be too soon to conclude that the token would outperform other cryptocurrencies in the market. T

That is why it is necessary to analyze the price potential from a technical perspective which is what we will do in this segment of the article. Now, grab a seat and read the price prediction of CHZ from 2024, and 2025, up to 2030.

Chiliz (CHZ) Price Analysis – Bollinger Bands

According to the 4-hour CHZ/USD chart, the Bollinger Bands (BB) expanded, meaning that volatility around the token was at a high level. Furthermore, the upper band of the indicator has touched CHZ at $0.15, suggesting that the token was overbought.

Hence, the price could retrace. In a highly bullish scenario, CHZ could drop to $0.12. However, a rebound for the token could send the value soaring to $0.18.

Chiliz (CHZ) Price Analysis – Relative Strength Index (RSI)

As of this writing, the Relative Strength Index (RSI) was 75.52. Readings of the indicator over 70.00 indicate that the asset is overbought. If the reading is below 30.00, it means that the cryptocurrency is oversold, indicating that a rebound could occur.

Therefore the reading as shown in the chart below suggests that the CHZ could drop. If selling pressure increases, the price could drop from the $0.14 resistance to $0.11.

Chiliz (CHZ) Price Analysis – Moving Average Convergence Divergence

The 4-hour chart showed that the Moving Average Convergence Divergence (MACD) was positive. This indicates that the momentum was bullish, and could be linked to the recent uptrend in price.

If sustained, the MACD could lead CHZ to hit a higher price. However, this would also depend on the 12 EMA (blue) and 26 EMA (orange). At press time, the 12 EMA was above the 26 EMA, indicating that buyers were still in control. 

However, the indicators moving in the same direction, meaning that sellers were backing down. Therefore, the price could be on the verge of a decline.

Chiliz (CHZ) Price Prediction 2024

CHZ’s price prediction in 2024 might depend on several factors including its fundamentals. But from a technical perspective, the projection looks bullish for the token. First off, Coin Edition looked at the Awesome Oscillator (AO).

As of this writing, the AO was positive, indicating increasing upward momentum for the token. If the token sustains this momentum for a large part of the next few months, the price could rally. 

Also, a look at the Supertrend showed that there was a sell signal at $0.13 which means CHZ might decrease to this level. But a buy signal also appeared at $0.12, indicating that entries at this point, could be profitable. If this is the case, the price of the token could rally and hit $0.73.

Chiliz (CHZ) Price Prediction – Resistance and Support Levels

There were four critical points on the CHZ/USD chart which were resistance and support levels. The initial one identified was ar $0.11 which seemed like a strong support zone. 

After that, two major resistances appeared around the $0.12 region but bulls have been able to breach the points. Meanwhile, there was another crucial point was at $0.13. If CHZ breaks below this area, the price might tumble. However, if the price maintains its stay above this level, it could tap a higher level.

Chiliz (CHZ) Price Prediction 2025

Going into 2025, CHZ’s performance might depend on the direction the altcoin market goes. From all indications, many altcoins are expected to surpass their all-time highs in 2025, and CHZ might not be left out. Therefore, we could see CHZ trade at $1.65 in 2025.

Chiliz (CHZ) Price Prediction 2026

In 2026, the FIFA World Cup which is to be hosted in Canada, the U.S., and Mexico is expected to propel CHZ to new heights. This is because of its sports-based fundamentals and the hype around the hype around the competition. Due to the projected incredible demand, CHZ could be worth $2.38 in 2026.

Chiliz (CHZ) Price Prediction 2027

2027 might not be a good year for CHZ. By this time, holders of the token might take profits from the increases the token might have had. Apart from that, the broader crypto market could be in a bear cycle where liquidity might be extremely low. As such, the price of the token could experience a steep correction to $1.20.

Chiliz (CHZ) Price Prediction 2028

In 2028, CHZ might bounce off the lows. However, the price of the cryptocurrency might not be able to hit 2026 highs as capital flow into the Chiliz ecosystem could be low. From our analysis, the token could be worth $1.92 in 2028.

Chiliz (CHZ) Price Prediction 2029

By 2029, the crypto market must have settled into a bull phase. As such, the prices of tokens that have faced hard times might begin to rise. For CHZ, it could also experience respite, and this places its price prediction at $3.80.

Chiliz (CHZ) Price Prediction 2030

Another World Cup would take place in 2030, and like previous times, CHZ might gain from the fanfare. Going by Coin Edition’s forecast, the price of CHZ could rally past $5 and hit $6.50 in 2030.

Chiliz (CHZ) Price Prediction 2040

CHZ might face consolidation in the build-up to the year 2040. However, something that could change the momentum for the better is the minting of tokens on the Chiliz network. As mentioned earlier, many more sports teams would look to integrate blockchain with their operations. Therefore, demand for CHZ could be intense and the price could be worth $10.

Chiliz (CHZ) Price Prediction 2050

CHZ’s price might continue to increase in 2050. However, the price of the token might not double from what the value is expected to be in 2040. As such, CHZ could be worth $17.31 in 2050.

Conclusion

In the long run, Chiliz could become a top 50 project as it is expected that many sports firms would eventually integrate blockchain into their operations. If this is the case, then the price of CHZ might surge. 

However, that does not mean that the token would not experience any corrections along the way. While that might not be the case, it is essential to do your research before putting a dime into the project. Most importantly, watch out for development on Socios and the Chiliz network at large as this can help tell where the project would head next.

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