Chiliz

Get Chiliz (CHZ) all time high price, historical charts, latest news and other information.

Since the beginning of the 2022 2FIFA World Cup, the value of Chiliz native token has plummeted.
Due to the discovery of various issues, the sporting event has been met with some controversies. Not to mention that just a week before the World Cup’s start, the collapse of the infamous FTX exchange shook the crypto world. But then, this is not the main point here.
Despite some promising advances off-chain, Chiliz continues to struggle. The token is down more than 30% in the last two weeks.
There is a lot of bearish evidence in the technicals and stats. If the price drops below $0.1451, short selling becomes an option.
This added strain to the already overburdened Chiliz ecosystem, which has had trouble drawing in investors and sports fans despite the testnet release of its Chiliz 2.0 update. However, CoinGecko reported a 1.3% price increase just lately.

When Will CHZ Get Its Zing Back?
On a green candlestick, the current price of CHZ is $0.1677. An oversold Relative Strength Index (RSI) value may help to clarify the recent increase in the token’s price.
However, the market is currently embroiled in a battle between bulls and bears, with prices remaining within the $0.3085-$0.1451 range that prevailed prior to the FTX brouhaha.
The market remains slightly mired in the distribution phase, with support and resistance being momentarily breached and reclaimed.
This has been true since the month of August. The situation may be deteriorating as CryptoQuant observes an increase in exchange reserves for the coin.
According to Messari, the volatility of the asset has been 2.13, indicating that it has been quite shaky. Having settled at -1.23, the returns relative to this volatility likewise exhibit extremely bearish characteristics.
Will There Be A Reversal?
Nonetheless, the MACD indicator indicates that a reversal is imminent. This may suggest a reversal due to the RSI being oversold. However, because exchange reserves are so high, any positive reversal would be met with a tremendous negative force.
A certain bearish breach of the $0.1451 support could cause the current market structure of distribution to collapse. A breach of this support might send the price to the 78.60 Fibonacci level.
A breakdown below this level could send the price to $0.0791. As the market recovers from the correction triggered by the FTX crash, CHZ should be able to ride this wave and emerge in a better shape.


CHZ total market cap at $1.02 billion on the daily chart | Featured image: DailyCoin, Chart: TradingView.com


Since the beginning of the 2022 2FIFA World Cup, the value of Chiliz native token has plummeted. Due to the discovery of various issues, the sporting event has been met with some controversies. Not to mention that just a week before the World Cup’s start, the collapse of the infamous FTX exchange...

newsbtc.com

Why Chiliz Is Losing Heat Despite World Cup Pomp; CHZ Down Over 30%

A popular crypto analyst is updating his predictions on a handful of altcoins amid the ongoing bear market.
Pseudonymous trader Altcoin Psycho tells his 10,700 YouTube subscribers that XRP, Polygon (MATIC), Chainlink (LINK), Chiliz (CHZ) and Polkadot (DOT) could plummet by 25-50% if Bitcoin’s (BTC) price takes another big leg down.

However, he notes that Polygon, an Ethereum (ETH) scaling solution, still “looks fine” to him. He predicts it will stay within the $0.70 to $1.00 range. If Bitcoin doesn’t drop down and MATIC consolidates over the next few weeks, the analyst thinks it could surge up to near $2.
Source: Altcoin Psycho
MATIC is trading at $0.881 at time of writing. The 10th-ranked crypto asset by market cap is up nearly 4% in the past 24 hours.

Altcoin Psycho says Chiliz, the platform that powers social token platform Socios.com, should move higher in the short term. He thinks it could move up to the $0.24 range, but he cautions that there’s “a lot of unpredictability” with the asset.
CHZ is trading at $0.182767 at time of writing.
Source: Altcoin Psycho
The analyst also thinks XRP’s chart “looks a little weird,” adding that he expects volatility for the ETH competitor.
[5:26] “Personally, I think that this chops around for another month, to be frank and honest with you. Another several weeks. It’s possible that this maybe mean reverts up, but I think it’s more likely that this just chops around for a while.” 
Source: Altcoin Psycho
XRP is trading at $0.38052 at time of writing. The 7th-ranked crypto asset by market cap is up 0.25% in the past 24 hours.
Conversely, Altcoin Psycho thinks LINK’s chart looks great. He says Chainlink’s 200-day exponential moving average is getting closer to its price and notes that the decentralized oracle network will look good if it can reclaim the $7.50 range. If it does, he says it could skyrocket by 50%.
LINK is trading at $6.79 at time of writing. The 23rd-ranked crypto asset by market cap is up more than 4% in the past 24 hours.
Lastly, the analyst says he’s bearish on Polkadot. He says DOT’s chart indicates that it could drop all the way to $3.50. Polkadot is trading at $5.45 at time of writing.
Source: Altcoin Psycho

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Featured Image: Shutterstock/aanbetta
The post Crypto Analyst Says One Catalyst That Could Have Drastic Impact on XRP, Polygon, Chainlink and Polkadot appeared first on The Daily Hodl.


A popular crypto analyst is updating his predictions on a handful of altcoins amid the ongoing bear market. Pseudonymous trader Altcoin Psycho tells his 10,700 YouTube subscribers that XRP, Polygon (MATIC), Chainlink (LINK), Chiliz (CHZ) and Polkadot (DOT) could plummet by 25-50% if Bitcoin&#8217...

dailyhodl.com

Crypto Analyst Says One Catalyst That Could Have Drastic Impact on XRP, Polygon, Chainlink and Polkadot

The World Cup just kicked off and the native token of the sports-themed cryptocurrency ecosystem, Chiliz, has dropped 15% in value over the past 24 hours.
This is not the kind of news traders and investors want to read about. The long-awaited World Cup clearly had no compensating effect on the prevailing economic conditions.
Here’s A Quick Rundown Of How CHZ Is Doing:
– Readily available data indicates a strong bear market hindered CHZ’s rally
– Near 1:1 ratio of long vs short positions shows cautious support for the token
– Price continues to fall; bulls should defend at $0.1664 and $0.1554
The token’s value has dropped significantly as of this writing. CoinGecko and CoinMarketCap report that CHZ has dropped another 9% since yesterday.

The token is trading at a red candle price of $0.1780, which is also reflected in the charts. CHZ’s rehabilitation may be more challenging now that the World Cup has become controversial over multiple issues.

Chiliz May Come Up With A Surprise
While CHZ is expected to rise, the token’s value has declined after reaching a high on November 19. This was the day before the World Cup began. Nonetheless, CHZ may prove more resilient than market participants anticipate.
First and foremost, CryptoQuant data indicates that the token’s exchange reserves are low. This means that fewer CHZ tokens are available on exchanges and are being prepared for sale on the market.

According to CoinGlass statistics, this is accompanied by an almost 1:1 ratio of long positions to short ones. These are incredibly bullish claims, and the technicals mirror the token’s resiliency.
As the price continued to decline, the money flow index increased, indicating that a price pullback may occur during the next few days.
Nonetheless, because of unfavorable market circumstances, the MFI may misread, resulting in extra suffering. As of writing, the bears are aiming for a breakout at the 61.80 Fib level ($0.1664)
Longer Rough Road Ahead?
The expansion of the Bollinger band, indicating a greater-than-usual degree of market volatility, along with the CMF index’s recent crossing into the negative half of its range, could be grounds for lower pricing.
CHZ bulls should defend the $0.1664 level because the moving averages are displaying strong sell signals. If the bears break through, $0.1554 will provide more support.
The actual relief rally for CHZ will not occur in the near future. However, as indicated by the proportion of long to short positions, investors and traders are willing to sacrifice short-term profit for a greater long-term benefit.
With CHZ’s limited foreign exchange reserves, we anticipate the aforementioned supports to delay or halt the downward market.


CHZ total market cap at $1.08 billion on the daily chart | Featured image from Coinx3, Chart: TradingView.com


The World Cup just kicked off and the native token of the sports-themed cryptocurrency ecosystem, Chiliz, has dropped 15% in value over the past 24 hours. This is not the kind of news traders and investors want to read about. The long-awaited World Cup clearly had no compensating effect on the pr...

World Cup 2022: Chiliz Slides 15% As Sports Spectacle Unfurls – Can CHZ Make A Goal?


 CHZ’s price shows bullish signs as price breaks out above its range channel showing signs to rally high as FTX fiascos continue. 
 CHZ’s price trades above $0.25 with the market’s current state, as things look uncertain for most traders and investors. 
CHZ’s price bounces from a low of $0.2 on the daily timeframe as the price aims for a rally to $0.4 above the 50 Exponential Moving Average (EMA)

The price action displayed by Chiliz (CHZ) in recent times has been encouraging, considering how close the world cup has come. After the FTX saga that has troubled the hearts of many traders and investors, the price of Chiliz (CHZ) has given many a reason to be hopeful. The Domino effect of the FTX saga and other huge investors involved has left the market at a standstill as the market is yet to make a major move after previous weeks saw the price of Bitcoin (BTC) perform well, rallying from a low of $19,200 to a high of $21,600. The fever of the world cup beckons on most traders and investors shifting their hearts from the recent downtrend in the market. (Data from Binance)

Chiliz (LTC) Price Analysis On The Weekly Chart
The past few days have been filled with so much turbulence in the crypto space as many altcoins have struggled to show strength after losing their key support holding off price decline.
The current uncertainty surrounding the market has resulted in reluctance on the part of traders and investors to make altcoin purchases, as there is no assurance if they would be heading up any time soon.
FTX news hugely impacted the price of CHZ, sending the price into a spiral movement to a region of $0.2 as the price bounced off this region with what looked like a temporary demand zone to hold off a big sell-off.
With the world cup fast approaching, the price of CHZ picked up being a fan and community token with so many expectations for this one.
The price of CHZ bounced off this region showing some great strength to a region of $0.25 as the price aims to break higher to $0.4. The price of CHZ needs to hold above $0.3 for more signs of relief toward $0.4.
Weekly resistance for the price of CHZ – $0.3.
Weekly support for the price of CHZ – $0.23.
Price Analysis Of CHZ On The Daily (1D) Chart
Daily CHZ Price Chart | Source: CHZUSDT On Tradingview.com
The price of CHZ remains considerably strong in the daily timeframe as the price trades above $0.23 support after bouncing off from the region of $0.2.
If the price of CHZ holds above $0.23, we could see more rallies for the CHZ price; with the world cup getting closer, this could be a catalyst for the price of CHZ.
Daily resistance for the CHZ price – $0.3-$0.4.
Daily support for the CHZ price – $0.24.

Featured Image From Premium Times, Charts From Tradingview


 CHZ&#8217;s price shows bullish signs as price breaks out above its range channel showing signs to rally high as FTX fiascos continue.   CHZ&#8217;s price trades above $0.25 with the market&#8217;s current state, as things look uncertain for most traders and investors.  CHZ&#8217;s price bounces...

Chiliz Continues To Trend Higher Amidst World Cup Fever; Is $0.4 Possible?

CHZ continues to lead the market in gains as more anticipation builds toward the World Cup. The go-to fan token was seen keeping an intraday profit of 7.37%. It reached a local high of $0.246 during the day before retracting to its current price of $0.242. Despite falling below its trading-day floor, it quickly bounced back, leaving traders with substantial profits.
CHZ week-on-week charts also indicate bullish momentum for the fan-themed token. Holding 8.58% profits, CHZ’s price looks confident over the entire market as tokens struggle to gain some ground. Despite the World Cup anticipation driving high trading volume, CHZ’s founder’s offer to bail out stranded FTX users also helped push prices higher.

As per data retrieved from CoinMarketCap, CHZ also holds gains against the top guns. At press time, CHZ held over 5% gains ahead of BTC and ETH. The token is already on a path to touch its intraday high and might see a positive break out.
Chiliz’s price is currently hovering at $0.2436. | Source: CHZUSD price chart from TradingView.com
CHZ Founder Isn’t so Bullish On NFTs In The Sports Industry
Due to its connection with sports tokens, Chiliz has experienced a resurgence in investor interest in its native cryptocurrency, CHZ. Alexandre Dreyfus has seized the chance to emphasize why Chiliz has a promising future in the sports sector. 
The CEO talked about NFTs, which he mentioned was an awesome way to connect fans with their favorite teams. However, Dreyfus mentioned that most NFTs in the market lack utility. He added that this is a major reason why fans lose interest in these initiatives over time.
Dreyfus added that scalability might not be NFTs’ strongest suit. As a substitute, he said that fan tokens are a fantastic way to scale a team. This is so that teams may utilize them to create powerful digital communities since they are fungible. He added; 
It’s this ability to provide access and individual recognition to audiences at huge scale that sets Fan Tokens apart.
CHZ Active Wallets Increase As Supply On Exchanges Fall
The number of active addresses (30-day) has increased since November 6th. This demonstrated greater user interaction and may be a sign of an optimistic mood. Additionally, the weighted sentiment score was in the green, indicating that CHZ had a good social media outlook.
However, on-chain metrics revealed that throughout November, the percentage of supply on exchanges had decreased. This is quite unlikely, considering the huge drop in price within the week. Specifically, CHZ saw a price dump on the 14th that took its value to the $1.88 region. 

This drop is further witnessed in its 24-hour trading volume. Despite posting impressive intraday and week-on-week gains, the token trading volume dropped 24.38%. Even after all these, CHZ tokens have been moved off of exchanges. Given these stats, its active wallet increase might indicate that traders are not looking to spend their CHZ in the short term. This also suggests that there may be a buildup from bigger market participants.
Featured image from Pixabay and chart from TradingView.com


CHZ continues to lead the market in gains as more anticipation builds toward the World Cup. The go-to fan token was seen keeping an intraday profit of 7.37%. It reached a local high of $0.246 during the day before retracting to its current price of $0.242. Despite falling below its trading-day fl...

Chiliz price	$0.161421
Low - High 24H	$0.160361 - $0.17036
Market cap	$862.65M
Volume 24H	$215.50M
All time high	$0.878633 -81.64% March 13th 2021
All time low	$0.004109 3826.02% September 28th 2019
Genesis date	N/A

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