- Chiliz crypto price is currently observing a positive momentum after a long downtrend. It may see a recovery to $0.3 soon.
- Technical indicators of CHZ suggest an upside momentum in price for upcoming days. In contrast, CHZ/BTC pair is observing a gain of more than 4% in the intraday session
CHZ crypto price is currently seeing an upside momentum and can touch the $0.3 level on the upcoming days. Chiliz price is currently trading near the level of $0.217 and is trading with a gain of more than 4% in the intraday session. The asset has an ROI of more than 908%, which is much higher than its competitors in the market. CHZ price is currently down by more than 75% from it’s all time high. CHZ/BTC pair is also seeing an upside momentum and can break the previous resistance created in the past. One can invest in the CHZ as per their risk capacity.
Chiliz coin is ranked 58th in the CMC with a market dominance of more than 0.1%. The volume of the CHZ has seen a decline in the last 24 hours. Volume to Market capitalization of the coin is 0.1426, suggesting a downside momentum in the price. If the ratio of the asset jumps above 0.8 then a strong bullish momentum in the price can be seen.
Technical Indicators Hints At The Bullish Momentum In CHZ Crypto Price
The weekly technical chart of the CHZ coin suggests an upside momentum for the price in upcoming weeks. Meanwhile, on the daily chart the price is showing a sign for positive recovery. The bullish momentum of CHZ on the upside can see a halt while going upwards near $0.3. The support region for the price can be seen near $0.1768 .The price of the token is currently trading below the 50 and 100 daily moving average . The 50 MA line is near $0.252, making it a temporary resistance zone for the price. Chiliz price can observe a strong uptrend in the upcoming days. CHZ/BTC pair might also see a bullish momentum in the future.
Conclusion
CHZ crypto price has given great returns to the investors in the past and can see the same in future. In the present market scenario ,CHZ token price is currently observing a downside momentum but can soon observe a bullish momentum.
Technical Levels
Major Support:$0.15
Major Resistance:$0.3