Chiliz Price Prediction for Today, March 14: CHZ/USD Makes a Cross Above the $0.120 Level

The Chiliz price prediction reveals that CHZ is moving bullishly with a gain of 3.55%, as the coin prepares to cross above the 21-day moving average.

Chiliz Prediction Statistics Data:

• Chiliz price now – $0.122
• Chiliz market cap – $820.9 million
• Chiliz circulating supply – 6.7 billion
• Chiliz total supply – 8.8 billion
• Chiliz Coinmarketcap ranking – #60

CHZ/USD Market

Key Levels:

Resistance levels: $0.150, $0.170, $0.190

Support levels: $0.075, $0.055, $0.035

CHZ/USD is trying to cross above the 21-day moving average as the coin prepares for the upside with a gain of 3.55%. According to the daily chart, the candle formation may continue to respect the upward movement but crossing below the lower boundary of the channel might position the market price towards the south while the closest support level could be located around the $0.100 level.

Chiliz Price Prediction: Chiliz Price May Spike to the Upside

The Chiliz price is heading to the upside as an increase above the moving averages could trigger intense buying to the resistance levels of $0.150, $0.170, and $0.190. On the contrary, the Chiliz price may likely hold the current market value at $0.122 before heading to the nearest support level of $0.110. Therefore, if the Chiliz price drops below this support level, it may likely hit the closest support at $0.100.

Meanwhile, the critical support after this could be located around $0.075, $0.055, and $0.035 levels if the selling volume keeps increasing. However, the technical indicator Relative Strength Index (14) reveals that the market may gain more upwards if the signal line crosses above the 50-level.

Against Bitcoin, the Chiliz price is dropping below the 9-day and 21-day moving averages. Meanwhile, if the coin continues to fall, the nearest level of support could be at 250 SAT and below as the technical indicator Relative Strength Index (14) moves into the oversold region.

Looking at the upside; if the coin crosses above the upper boundary of the channel, the nearest resistance level could be located at 600 SAT. Therefore, if the price rises further to create a new high, higher resistance could be found at 750 SAT and below. Meanwhile, if the 9-day MA remains below the 21-day MA, this could mean that the market may remain on the downside.

Alternatives to Chiliz

The Chiliz price is beginning to maintain a bullish movement within the channel and traders can expect the price to continue to rise as soon as the bulls put more pressure on the market. Therefore, if the price maintains the upward movement, traders can keep the coin above the moving averages. There is a Fight Out token presale ongoing and time is running out. FightOut brings elite combat athletes into the fold to boost fitness aspirations for all. Therefore, almost $6 million has been raised so far.