The Chiliz price prediction shows that CHZ is moving to the upside as any cross above the $0.065 price mark is expected.
Chiliz Prediction Statistics Data:
- Chiliz price now – $0.061
- Chiliz market cap – $460.1 million
- Chiliz circulating supply – 7.4 billion
- Chiliz total supply – 8.8 billion
- Chiliz Coinmarketcap ranking – #72
Resistance levels: $0.070, $0.072, $0.074
Support levels: $0.052, $0.050, $0.048
CHZ/USD is trading at $0.061 after recording an intraday high of $0.064 during the European session today. Looking at the daily chart, CHZ/USD is hovering above the 9-day and 21-day moving averages after beginning today’s trade at $0.059.
Chiliz Price Prediction: CHZ Price Heads to the Upside
Since the past few days, the Chiliz price has been moving bullishly within the channel. However, CHZ/USD is currently trading at the $0.061 level. In the meantime, the Chiliz price may cross above the upper boundary of the channel to touch the nearest resistance at $0.065.
Nevertheless, the Chiliz price may continue to do well if crosses above the channel and the price may locate the resistance levels at $0.070, $0.072, and $0.074 respectively. Meanwhile, should the technical indicators decide to make a quick turn to the south, there may be a bearish move toward the lower boundary of the channel and this could roll the market down to the support levels of $0.052, $0.050, and $0.048 but the Relative Strength Index (14) is moving to cross above the 60-level, heading to the north.
CHZ/BTC Goes Bullishly
Against Bitcoin, the Chiliz price continues to focus on upward movement after touching the daily high at 240 SAT. However, CHZ/BTC is currently trading at 228 SAT, heading toward the resistance level of 250 SAT, the next key resistance may likely be at 260 SAT and above.
On the downside, a possible bearish movement below the 9-day and 21-day moving averages may likely come into play, and the support level of 200 SAT and below could be visited. Meanwhile, the market is having a bullish day today because the Relative Strength Index (14) indicator moves to cross above the 60-level, suggesting more bullish signals.
Alternatives to Chiliz
The Chiliz price is on its way to cross above the upper boundary of the channel. Therefore, if the price continues to create a bullish movement, traders can then expect a bullish continuation toward the upside. Meanwhile, as the technical indicator Relative Strength Index (14) moves to cross above the 60-level, another resistance level could play out.
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