- The CHZ crypto price struggles below the EMA-200 on the intraday session.
- The 24-hour trading volume is at $233 million.
- CHZ/BTC pair is trading negative by -3.9% at 0.00000643 BTC.
Moving Average (EMA) containing 20,50,100,200 In the CHZ crypto daily price chart, it is a reliable support for currency price change. Investors can observe that price moves below the yellow line and can guarantee a bearish trend as long as costs are below the 200 moving average.
The volume (46.521 M) is below the 20-day moving average (233.007 M). The volume is low, so the cost has struggled for several days. Investors may also notice a decline in volume. This indicates that unusual changes are expected on the following trading days.
CHZ Crypto Price Holds Above The Support
The daily price chart of the CHZ crypto shows recovery from the support zone. Depending on the price action, the support region is within $0.27. On the flip side, the resistance level to look for is around $0.47.
The RSI showed a 32 (bearish) sign with a short-term sell signal. Investors may observe that the indicator’s RSI line is running downside. A surge can happen on upcoming trading days.
The MACD shows a (bearish) cross below the signal line on November 30, indicating a sell signal for the crypto. In addition, investors can see red bars in the histogram indicator.
Conclusion
Chiliz price today is $0.321919 with a 24-hour trading volume of $233,736,490. CHZ price is down -4.8% in the last 24 hours. It has a circulating supply of 5.3 Billion CHZ coins and a total supply of 8.89 Billion.
The RSI and MACD indicate a sell signal. Traders have directed low volume. In fact, the cost rebounds from the support zone. A market overview also shows that this pattern will continue to surge in the coming trading days.
Resistance Level: $0.47
Support Level: $0.27
DISCLAIMER
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.