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Chiliz Price Spikes 25.1% to $0.359 – Where to Buy CHZ

Socios
Socios

Just like altcoins, Chiliz depreciated in value ever since the May crash but started gaining momentum after the turmoil died down. The cryptocurrency has been making tremendous gains ever since bitcoin’s recovery and it seems to be moving to an upward trend. Chiliz has not been left behind and in the past 24 hours, the token has gained by 25.1% to reach $0.359.

Chiliz Price Analysis

In the past 24 hours, those who have invested in Chiliz have achieved incredible gains from their holdings. The price of the token has gained more than 20% ever since its listing on Coinbase Pro on June 15. The sudden price surge has made investors scramble to create price estimates of what CHZ will trade at in the near future.

Chiliz Price Analysis 16 June
Source: TradingView

As seen on the chart above, Chiliz reached a massive high after the listing. The data shows that the coin has been on a steady recovery ever since the May market meltdown. The official trading of CHZ on Coinbase Pro will start on June 17 after the platform has gained enough liquidity to allow the purchase and sale of the token. However, the news is expected to push investors into buying the coin, thus an upsurge is expected soon.

According to some price forecasts of the token, CHZ is on to a massive gain both in the short term and in the long term. An analysis by InvestingCube shows that the next resistance level is $0.3363 but seeing that CHZ is past this level, investors may be on to some massive near-term gains.

Long term forecasts show that the token could reach $0.82 in a one year period and reach up to $2.94 in five years. Chiliz holds a unique offering in the crypto market, especially through fan tokens. This has given it incredible market dominance.

The Chiliz ecosystem has partnered with major sporting clubs in the world to launch fan tokens. Some of the partnerships that Chiliz has created include working with Juventus, FC Barcelona, PSG, Atletico Madrid, AC Milan and other major clubs are expected to join. Besides, the largest exchange globally, Binance, has partnered with Chiliz to launch its fan tokens and also the CHZ token.

Where to buy Chiliz

To buy CHZ tokens, you need to look for an exchange that supports it. These exchanges include the following:

  • eToro

One of the exchanges that supports CHZ token is eToro. The exchange has a great interface that allows new and seasoned traders to gain from the crypto market. It offers low trading fees and allows new traders to copy trade and increase their chances of making profit.

  • Coinbase Pro

CHZ is the latest addition on Coinbase Pro. Coinbase is also a leading exchange globally with a large user base and high trading volumes. The exchange also supports a wide range of tradable tokens that will facilitate crypto trading pairs.

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