Chiliz is Trading -7.21% Below Our Price Prediction for Apr 25, 2024

Table of Contents

• CHZ price is expected to rise by 9.30% in the next 5 days according to our Chiliz price prediction
• CHZ Price Prediction Chart
• What has been going on with Chiliz in the last 30 days
• Chiliz technical analysis for today - Apr 20, 2024
• Neutral sentiment for Chiliz
• Crypto market is currently experiencing Greed
• Chiliz moving averages & oscillators
• The bottom line about this Chiliz prediction

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Chiliz is up 3.78% today against the US Dollar
• CHZ/BTC increased by 5.15% today
• CHZ/ETH increased by 4.79% today
• Chiliz is currently trading 7.21% below our prediction on Apr 25, 2024
• Chiliz dropped -17.36% in the last month and is down -11.16% since 1 year ago

CHZ price is expected to rise by 9.30% in the next 5 days according to our Chiliz price prediction

Chiliz price today is trading at $ 0.112874 after gaining 3.78% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 4.95% in the same time period. CHZ performed well against BTC today and recorded a 5.15% gain against the world’s largest cryptocurrency.

According to our Chiliz price prediction, CHZ is expected to reach a price of $ 0.121641 by Apr 25, 2024. This would represent a 9.30% price increase for CHZ in the next 5 days.

CHZ Price Prediction Chart

Buy/Sell Chiliz

What has been going on with Chiliz in the last 30 days

Chiliz has been displaying a negative trend recently, as the coin lost -17.36% in the last 30-days. The medium-term trend for Chiliz has been bullish, with CHZ increasing by 8.17% in the last 3 months. The long-term picture for Chiliz has been negative, as CHZ is currently displaying a -11.16% 1-year price change. On this day last year, CHZ was trading at $ 0.127056.

Chiliz reached its all-time high price on Mar 13, 2021, when the price of CHZ peaked at $ 0.889434. The current CHZ cycle high is $ 0.167503, while the cycle low is at $ 0.053888. CHZ has been displaying high volatility recently – the 1-month volatility of the coin is at 12.05. Chiliz recorded 18 green days in the last 30 days.

Chiliz technical analysis for today - Apr 20, 2024

The sentiment in the Chiliz markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.102279, $ 0.095539 and $ 0.091418, while $ 0.113139, $ 0.117261 and $ 0.124000 are the key resistance levels.

Neutral sentiment for Chiliz

18 indicators are currently signaling a bullish prediction for Chiliz, while 11 indicators are showing a bearish forecast. With 62% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Chiliz.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 66 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Chiliz moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Chiliz is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Chiliz is at 41.36, suggesting that CHZ is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Chiliz over the last 50 days. Currently, Chiliz is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the CHZ closing price for the last 200 days. CHZ is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Chiliz prediction

After considering the above factors, we can conclude that the current forecast for Chiliz price prediction is Neutral. CHZ would have to increase by 9.30% to hit our $ 0.121641 target within the next five days. Moving forward, it will be important to monitor the CHZ market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Chiliz price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.