Chiliz Price Prediction for Today, April 6 – CHZ Technical Analysis

The Chiliz price prediction breaks above the $0.150 resistance level as the coin focuses on the $0.152 resistance level.

Anticipated Growth: CHZ Price Set to Surge by 8.82% in the Coming 5 Days

Chiliz (CHZ) is currently trading at $0.150, marking a 7.43% increase over the past 24 hours. This performance stands out as CHZ outpaced the broader cryptocurrency market, which saw a 7.78% rise in total market capitalization during the same period. Additionally, CHZ demonstrated strength against Bitcoin (BTC) today, recording a notable 5.97% gain compared to the world’s largest cryptocurrency.

Chiliz Prediction Statistics Data:

• Chiliz price now – $0.150
• Chiliz market cap – $1.3 billion
• Chiliz circulating supply – 8.8 billion
• Chiliz total supply – 8.8 billion
• Chiliz Coinmarketcap ranking – #83

CHZ/USD Market

Key Levels:

Resistance levels: $0.19, $0.20, $0.21

Support levels: $0.11, $0.10, $0.09

CHZ/USD is likely to refresh to a new high after touching the daily low of $0.139 to breach above $0.155 while currently trading at $0.150 with a bullish movement toward the upper boundary of the channel. Meanwhile, the seller may attempt to return to the market, but the bulls are likely to collect more on the price dips.

Chiliz Price Prediction: Chiliz Price May Continue to Push Higher

The Chiliz price can only maintain the uptrend if the newly touched $0.139 support level is maintained at all costs. At the moment, the 9-day moving average may need to stay above the 21-day moving by creating more bullish signals as this could encourage more buyers to enter the market.

Nonetheless, if the red line of the 9-day MA remains above the green line of the 21-day MA, the coin may continue to perform well, and the price of Chiliz may reach the resistance levels at $0.19, $0.20, and $0.21 respectively. Moreover, if the market price decides to make a quick turn back below the 9-day and 21-day moving averages, there may be a quick bearish drop which may likely roll the market down to the support levels of $0.11, $0.10, and $0.09.

CHZ/BTC Consolidates Above the Moving Averages

Against Bitcoin, the Chiliz price is trading well above the 9-day and 21-day moving averages as the price hovers at 220 SAT. However, the buyers may increase the pressure as the market price moves toward the upper boundary of the channel.

Moreover, as seen on the daily chart, the potential resistance level could be located at 270 SAT and above but a lower sustainable move may likely cancel the bullish pattern which could attract new sellers coming into the market with the next focus on the support level of 150 SAT and below.

However, @ygcrypto highlighted CHILIZ $CHZ’s current trading range to his 24k+ followers on X (Formerly Twitter). CHILIZ is consolidating between approximately $0.110 and $0.170, with no decisive breakout yet. Bulls aim for a breakout above $0.170, while bears target a break below $0.110. Currently, it’s a waiting game for clearer signals, emphasizing patience for potential entry or exit points. Are you bullish on CHZ? 🐂

CHILIZ $CHZ CAUGHT IN A TRADING RANGE 🌶️#ChiliZ is chilling in a trading range between ~$0.110 and ~$0.170. No clear breakout yet❗

Here's the sitch: 💪

Support holding firm, but resistance acting as a roadblock.

Bulls need to push above ~$0.170 for a potential upswing.… pic.twitter.com/cI1G7U5a62

— YG crypto (@ygcrypto) April 4, 2024

Chiliz Alternatives

Chiliz demonstrates bullish momentum, trading above $0.150 resistance with 7.43% growth, possibly facing a minor pullback. Maintaining Chiliz above key moving averages could signal continued upward momentum. Despite CHZ’s established position with a $1.3 billion market cap, the emerging Bitcoin Minetrix ($BTCMTX) token, surpassing $12.9 million in presale, offers investors a promising growth opportunity.

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