Chiliz Price Prediction for Today, April 8: CHZ/USD Could Stay Above $0.15 Resistance

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The Chiliz price prediction could set a bullish run if the market can keep the coin above the resistance level of $0.13.

Chiliz Prediction Statistics Data:

Chiliz price now – $0.13
Chiliz market cap – $920.8 million
Chiliz circulating supply – 6.7 billion
Chiliz total supply – 8.8 billion
Chiliz Coinmarketcap ranking – #56

CHZ/USD Market

Key Levels:

Resistance levels: $0.18, $0.20, $0.22

Support levels: $0.10, $0.08, $0.06

Chiliz Price Prediction for Today, April 8: CHZ/USD Could Stay Above $0.15 Resistance — CHZUSD – Daily Chart

CHZ/USD is following a bullish movement above the resistance level of $0.13 with price growth of 4.60%. For the fact that the coin is recording a tremendous gain, the Chiliz price may retreat a little before heading to the upside. Meanwhile, traders can expect the price to continue to rise if the bulls keep the coin above the 9-day and 21-day moving averages.

Chiliz Price Prediction: CHZ/USD May Move Upside

The Chiliz price is on its way to cross above the upper boundary of the channel at around $0.13. 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 into the overbought region, the possible resistance levels could be found at $0.18, $0.20, and $0.22 in the long term.

However, if the coin keeps the bullish movement for the next couple of days, traders may witness more of it reach higher levels. Meanwhile, the Chiliz price could create a bullish movement in the short term. On the contrary, any bearish movement below the 9-day moving average could roll the coin back to the supports of $0.10, $0.08, and $0.06.

Against Bitcoin, the Chiliz price is heading toward the upper boundary of the channel as the coin keeps hovering above the 9-day and 21-day moving averages. According to the daily chart, there is a need for an increasing volume and resistance to cause an upsurge in the market. At the moment, Chiliz (CHZ) is trading around the 486 SAT but traders can expect support at 400 SAT and below if the coin heads to the south.

Nevertheless, if a bullish move keeps moving toward the upper boundary of the channel; traders can then confirm a bull run for the coin. Moreover, the potential resistance could be located at 600 SAT and above as the technical indicator Relative Strength Index (14) crosses above the 60-level, suggesting bullish movement.

Chiliz Alternatives

The Chiliz price keeps moving to the north, though the current price of Chiliz at $0.13 is above the 9-day and 21-day moving averages within the channel, the recovery seems to have begun as the technical indicator Relatively Strength Index (14) crosses above the 60-level. Meanwhile, there is an LHINU token presale ongoing and time is running out. Love Hate Inu ensures you have the chance to voice your opinion and find a supportive community. Therefore, almost $3.5 million has been raised so far.

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