- The Chiliz coin price is in a downtrend, around -5.0%, during the intraday trading session.
- The 24-hour trading volume is at $124 million.
- CHZ/BTC pair is trading negative by -1.3% at 0.00000603 BTC.
Daily technical chart and price trend of Chiliz coin are showing a bearish trend. Based on the pivot level, the first support zone is 0.20 USDT. From another perspective, if it rushes, the resistance level to watch is 0.35 USDT. Thus, the graph made shooting star candle pattern during the day, and the cost is relied upon to remain downside with unwavering medium force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost moves below the red ribbon and 200-EMA, so it will guarantee a downswing in CHZ until it’s below the ribbon.
Trading volume (43.309 M) is underneath the 20-day moving average (162.959 M). To put it plainly, the volume is low, making the cost struggle at the support levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.
The CCI indicator gave a signal (bearish) with -106, projecting a selling signal in the currency. Investors can observe a flat slope below the -100. It can arise in future trading sessions.
Chiliz Coin Price Plummets 31% Within a Month
Chiliz is priced at $0.253044 today and has a 24-hour trading volume of $124,413,754. CHZ prices have fallen -5.0% in the last 24 hours. It has a circulation of 5.3 billion CHZ coins and a total inventory of 8.89 billion. The CCI points to a selling indication, and the traders have prompted low volume. In fact, the cost struggles at the pivot level. In like manner, with the general market perspective, the pattern stays bearish for coming trading days.
Resistance Level: $0.35
Support Level: $0.20