News

Chiliz is Predicted to Reach $0.085335 By Oct 18, 2024

Chiliz is Predicted to Reach $0.085335 By Oct 18, 2024


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 10.84% today against the US Dollar
  • CHZ/BTC increased by 10.67% today
  • CHZ/ETH increased by 9.93% today
  • Chiliz is currently trading 10.41% below our prediction on Oct 18, 2024
  • Chiliz gained 44.34% in the last month and is up 38.42% since 1 year ago
Chiliz price $ 0.076450
Chiliz prediction $ 0.085335 (13.74%)
Sentiment Neutral
Fear & Greed index 50 (Neutral)
Key support levels $ 0.067970, $ 0.066258, $ 0.064284
Key resistance levels $ 0.071655, $ 0.073629, $ 0.075341

CHZ price is expected to rise by 13.74% in the next 5 days according to our Chiliz price prediction

is trading at $ 0.076450 after gaining 10.84% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 10.40% in the same time period. CHZ performed well against BTC today and recorded a 10.67% gain against the world’s largest cryptocurrency.

According to our Chiliz price prediction, CHZ is expected to reach a price of $ 0.085335 by Oct 18, 2024. This would represent a 13.74% 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 positive trend recently, as the coin gained 44.34% in the last 30-days. The medium-term trend for Chiliz has been bullish, with CHZ increasing by 9.37% in the last 3 months. The long-term picture for Chiliz has been positive, as CHZ is currently displaying a 38.42% 1-year price change. On this day last year, CHZ was trading at $ 0.055232.

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 $ 0.077291, while the cycle low is at $ 0.044066. CHZ has been displaying low volatility recently – the 1-month volatility of the coin is at 9.87. Chiliz recorded 19 green days in the last 30 days.

Chiliz technical analysis for today – Oct 13, 2024

The sentiment in the Chiliz markets is currently Neutral, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.067970, $ 0.066258 and $ 0.064284, while $ 0.071655, $ 0.073629 and $ 0.075341 are the key resistance levels.

Neutral sentiment for Chiliz

22 indicators are currently signaling a bullish prediction for Chiliz, while 8 indicators are showing a bearish forecast. With 73% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Chiliz.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 50 (Neutral), which signals that investors have a neutral 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.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential
MA3 $ 0.063106 (BUY) $ 0.062847 (BUY)
MA5 $ 0.065429 (BUY) $ 0.060558 (BUY)
MA10 $ 0.065142 (BUY) $ 0.058203 (BUY)
MA21 $ 0.065761 (BUY) $ 0.058071 (BUY) -$ 0.09 (BUY) $ 0.076014 (BUY)
MA50 $ 0.059158 (BUY) $ 0.064979 (BUY) $ 0.083707 (SELL) $ 0.090382 (SELL)
MA100 $ 0.061943 (BUY) $ 0.078474 (SELL) -$ 0.04 (BUY) $ 0.104309 (SELL)
MA200 $ 0.091109 (SELL) $ 0.090531 (SELL) $ 0.040204 (BUY) $ 0.046637 (BUY)
Period Value Action
RSI (14) 67.36 NEUTRAL
Stoch RSI (14) 2.69 BUY
Stochastic Fast (14) 65.38 NEUTRAL
Commodity Channel Index (20) 66.67 NEUTRAL
Average Directional Index (14) 32.87 SELL
Awesome Oscillator (5, 34) 0.01 NEUTRAL
Momentum (10) 0.01 NEUTRAL
MACD (12, 26) 0.00 NEUTRAL
Williams Percent Range (14) -34.62 NEUTRAL
Ultimate Oscillator (7, 14, 28) 49.64 NEUTRAL
VWMA (10) 0.07 BUY
Hull Moving Average (9) 0.07 SELL
Ichimoku Cloud B/L (9, 26, 52, 26) 0.06 NEUTRAL

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 67.36, 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 below the SMA 50 trendline, which is a bearish 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 above the SMA 200, signaling that the market is currently bullish.

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 13.74% to hit our $ 0.085335 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.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *