CHZ/USD Draws Short-Term Bullish Sentiment at $0.214

The Chiliz price prediction is likely to climb above the moving averages to begin the upward trend as the price mounted up by 8.35%.

Chiliz Prediction Statistics Data:

• Chiliz price now – $0.214
• Chiliz market cap – $1.3 billion
• Chiliz circulating supply – 6 billion
• Chiliz total supply – 8.8 billion
• Chiliz Coinmarketcap ranking – #34

CHZ/USD Market

Key Levels:

Resistance levels: $0.300, $0.320, $0.340

Support levels: $0.150, $0.130, $0.110

At the time of writing, CHZ/USD is currently changing hands at around $0.214 as the coin heads to the upside. Today’s trading begins with a slight uptrend in the market as the coin moves to touch the daily high of $0.227 after which it is currently trading below the 9-day moving average. However, traders are anticipating that the current price movement is an indication of the upcoming price rally in the market.

Chiliz Price Prediction: Chiliz Gets Ready for The Upside

According to the daily chart, the next step for the Chiliz price is to cross above the 21-day moving average. Once this is done, bulls may now push the coin towards the upper boundary of the channel to hit the resistance levels at $0.300, $0.320, and $0.340 respectively.

However, as the technical Indicator Relative Strength Index (14) moves to cross above the 50-level, CHZ/USD may move to the north, once this plays out, it can manage to sustain the bullish movement towards the resistance levels of $0.250 and $0.270. Meanwhile, if the price decides to make a quick turn to the south, the support levels could be found at $0.150, $0.130, and $0.110 respectively.

Against Bitcoin, the Chiliz price is hovering above the 9-day and 21-day moving averages as the coin heads toward the upper boundary of the channel. At the moment, bulls are to keep pushing the coin to the positive side while the technical Indicator Relative Strength Index (14) moves to cross above the 60-level.

However, if the bears drag the price below the moving averages, CHZ/BTC may fall to the support level of 900 SAT and below. Whereas, the continuation of the bullish movement may keep the price above the moving averages, and staying there may cause the coin to hit the resistance level of 1600 SAT and above.

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