Join Our Telegram channel to stay up to date on breaking news coverage
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
CHZ/USD Market
Key Levels:
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.
Nevertheless, with time, your staked BTCMTX will generate mining credits, which you can use to acquire the Bitcoin cloud mining power. The more credits you expend, the larger your BTC earnings from cloud mining will be. Meanwhile, the ongoing presale has already raised over $250k.
Here Is a New Way to Earn a Decent Amount of Bitcoin, Albeit Passively!
Join Our Telegram channel to stay up to date on breaking news coverage