Chiliz Price Prediction for Today, January 21 – CHZ Technical Analysis| Trending Viral hub

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Chiliz price prediction reveals that CHZ is moving bullish with a gain of 11.91%, as the coin prepares to cross above the channel.

Chiliz prediction statistics data:

  • Chiliz price now – $0.100
  • Chiliz market cap: $910.5 million
  • Chiliz circulating supply: 8.8 billion
  • Chiliz total offer: 8.8 billion
  • Chiliz Coinmarketcap Ranking – #60

CHZ/USD Market

Key levels:

Resistance levels: $0.120, $0.130, $0.140

Support levels: $0.075, $0.065, $0.055

Chiliz Price Prediction for Today, January 21 – CHZ Technical Analysis
CHZUSD – Daily Chart

CHZ/USD It is heading towards the upper boundary of the channel as the coin prepares for the upside with a gain of 11.91%. Based on the daily chart, the candlestick formation may continue to respect the upward movement, but retracing below the moving averages could position the market price southwards while the nearest support level could be located around the $0.088 level.

Chiliz Price Prediction: Chiliz Price May Shoot Up

He chili price is heading higher as a rise above the moving averages could trigger intense buying towards the $0.120, $0.130, and $0.140 resistance levels. On the contrary, Chiliz price is likely to maintain the current market value at $0.100 before heading towards the nearest support level of $0.090. Therefore, if Chiliz price falls below this support level, it is likely to reach the nearest support at $0.080.

Meanwhile, critical support after this could lie around the $0.075, $0.065, and $0.055 levels if the selling volume continues to increase. However, the 9-day moving average remains above the 21-day moving average, revealing that the market can gain more if the bulls increase the pressure.

CHZ/BTC trades bullish

Against Bitcoin, the Chili the price is rising above the 9-day and 21-day moving averages. Meanwhile, if the coin slides below the moving averages, the nearest support level could be at 180 SAT or below as the bears may return to the market.

Chiliz Price Prediction for Today, January 21 – CHZ Technical Analysis
CHZBTC – Daily Chart

Looking up; If the coin crosses above the upper boundary of the channel, the nearest resistance level could be located at 260 SAT. Therefore, if the price rises further to create a new high, major resistance could be found at 175 SAT or below. Meanwhile, if the 9-day moving average crosses below the 21-day moving average, this could mean that the market could continue lower.

Alternatives to Chiliz

Chiliz price is on track to cross above the upper boundary of the channel. Therefore, if the price continues to create a bullish movement, traders can expect a bullish continuation to the north. Meanwhile, as the 9-day moving average crosses above the 21-day moving average, another resistance level could appear.

Furthermore, despite maintaining a firm position as the 60th cryptocurrency with a market capitalization of $910.5 million, Chiliz (CHZ) has certainly left its mark on the cryptocurrency market. On the other hand, the promising Bitcoin Minetrix ($BTCMTX) The token, which is currently over $9 million in its pre-sale stage, presents investors with a tantalizing prospect of growth compared to CHZ’s well-established position. Opting for an investment in $BTCMTX could generate higher returns, given its current growth trajectory in the early stages.

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