Sunday, November 27, 2022
 

Chiliz Experiences Weekly Growth, Will it Reach $0.4 Soon?

  • Bullish Chiliz (CHZ) price prediction ranges from $0.1881 to $0.3102.
  • Chiliz price increased by 142% since July 26, 2022.
  • Chiliz’s bearish market price prediction is $0.1473.

Although many major cryptocurrencies are facing a downtrend, altcoin CHZ has been showing a 142.10% price increase since July 26, 2022. The community can expect that with this is a price surge, and the declining trend of CHZ appears to have ended.

CHZ-USDT 1-Hour Chart
CHZ/USDT 1-Hour Chart Source: TradingView

By looking at the 1-Hour chart of CHZ/USDT, the RSI value of the 1-Day chart is 77.68. When the RSI moved over the 50 level, it indicated that the price of CHZ was heading bullish and will be heading into the overbought zone soon. The price of the altcoin was above the 200-MA line, indicating that buying pressure was prevailing in the market.

CHZ/USDT 4-Hour Chart Source: TradingView

The 4-hour trading chart of CHZ/USDT indicates that the buyers started to put buy order blocks around $0.938 at June 22, 2022, and ever since then, the CHZ price has been facing tremendous buying pressure and going bullish. If the price cannot break out of the resistance level of $0.2588, we can expect CHZ to have a reversal into a downtrend.

According to Coinmarketcap, Chiliz is at $0.2388 at the time of writing with 6,000,387,493 CHZ in circulation. Chiliz has a 24-hour trading volume of $790,864,865.18, and during the previous 24 hours, the price of Chiliz has increased by 22.2%. Currently, Chiliz ranks 39th on CoinMarketCap’s list of the biggest cryptocurrencies by market capitalization.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

  • Bullish Chiliz (CHZ) price prediction ranges from $0.1881 to $0.3102.
  • Chiliz price increased by 142% since July 26, 2022.
  • Chiliz’s bearish market price prediction is $0.1473.

Although many major cryptocurrencies are facing a downtrend, altcoin CHZ has been showing a 142.10% price increase since July 26, 2022. The community can expect that with this is a price surge, and the declining trend of CHZ appears to have ended.

CHZ-USDT 1-Hour Chart
CHZ/USDT 1-Hour Chart Source: TradingView

By looking at the 1-Hour chart of CHZ/USDT, the RSI value of the 1-Day chart is 77.68. When the RSI moved over the 50 level, it indicated that the price of CHZ was heading bullish and will be heading into the overbought zone soon. The price of the altcoin was above the 200-MA line, indicating that buying pressure was prevailing in the market.

CHZ/USDT 4-Hour Chart Source: TradingView

The 4-hour trading chart of CHZ/USDT indicates that the buyers started to put buy order blocks around $0.938 at June 22, 2022, and ever since then, the CHZ price has been facing tremendous buying pressure and going bullish. If the price cannot break out of the resistance level of $0.2588, we can expect CHZ to have a reversal into a downtrend.

According to Coinmarketcap, Chiliz is at $0.2388 at the time of writing with 6,000,387,493 CHZ in circulation. Chiliz has a 24-hour trading volume of $790,864,865.18, and during the previous 24 hours, the price of Chiliz has increased by 22.2%. Currently, Chiliz ranks 39th on CoinMarketCap’s list of the biggest cryptocurrencies by market capitalization.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

 

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