- SwissBorg price is currently trading in a consolidated zone with a hit of bearish momentum. It might hit the new low of $0.4 in the future.
- CHSB coin technical indicators suggest a continuation of the downtrend for the future. In contrast, KCS/BTC pair has seen 0.3% in the last 24 hours.
Why To Invest In CHSB Coin?
CHSB coin price is currently in a downtrend and is trading near the value of $0.623. It has seen a gain of more than 2% in the past 24 hours. SwissBorg is a Switzerland-based project which aims to bring independence and decentralization for personal finance. It was launched in 2017 and aims to revolutionize the Swiss banking system with the help of blockchain technology and smart contracts. It relies on CHSB to allow users to perform a variety of actions on the platform.Cyrus is one of the founders and CEO of the company. CHSB token price is currently observing a downside momentum and can hit a new low in the future. One should wait for the positive breakout before investing in Swiss Borg.
CHSB coin is ranked 95th in the CMC with a market capitalization of $629,320,816. The volume of the Swiss Borg has also seen a decrease of 1.4% in the past 24 hours. The volume to market cap ratio of the coin suggests a continuation of downtrend in the asset price.
Technical Indicators Hints The Downtrend For CHSB Coin Price
Swiss Borg weekly technical chart hints at the consolidated momentum for price in upcoming weeks. Meanwhile, the daily chart suggests a downtrend in price. Resistance for CHSB coin price on the upside can be seen near 0.0000205 BTC. The support region in the price can be seen at 0.000014 BTC .The price of the coin is currently trading below the 50 and 100 daily moving average, with a negative crossover in the past . The 50 MA line is near 0.0000181BTC, making it a temporarily hostile region for the price. CHSB coin price uptrend can strengthen in the upcoming days.
Conclusion
CHSB coin price has remained profitable to the investors in the past and can be the same in future. In the present market scenario , CHSB token price is currently in a slump and can see the new low .An investor should do their due diligence before investing
Technical Levels
Major Support:0.000014 BTC
Major Resistance:0.0000205 BTC