{"id":343689,"date":"2022-08-31T14:02:21","date_gmt":"2022-08-31T18:02:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=343689"},"modified":"2022-08-31T14:02:21","modified_gmt":"2022-08-31T18:02:21","slug":"chiliz-price-analysis-for-31th-of-august-chz-usd-is-still-in-an-uptrend","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/chiliz-price-analysis-for-31th-of-august-chz-usd-is-still-in-an-uptrend","title":{"rendered":"Chiliz Price Analysis for 31th of August: CHZ\/USD Is Still in an Uptrend"},"content":{"rendered":"

\"Chiliz<\/p>\n

As Chiliz is trending up, it continues to repeat the same pattern of behaviour. CHZ\/USD<\/a> keeps having higher lows. This is a sign that buyers are very aggressive in the market. The buying pressure is so strong that it frequently drives the price action into the overbought region. And because the market keeps going into the overbought zone, the price action keeps correcting itself to a lower price level. In summary, the overall performance of the market is an uptrend. However, we must take note of how strong the last price rebound from 24th to 30th of August has sent the price performance below the 9-day moving. Although the last bearish pressure was much stronger, today’s bullish market performance is also strong. And this gives us the impression that the bullish recess is over; the market is about to resume its uptrend.<\/p>\n

 <\/span><\/strong>Chiliz Market Price Statistic:<\/span><\/strong><\/p>\n