Chiliz Gained 38.08% in Last Month and is Predicted to Reach $ 0.076776 By Oct 14, 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 8.30% today against the US Dollar
  • CHZ/BTC increased by 9.04% today
  • CHZ/ETH increased by 8.15% today
  • Chiliz is currently trading 5.63% below our prediction on Oct 14, 2024
  • Chiliz gained 38.08% in the last month and is up 27.67% since 1 year ago
Chiliz price$ 0.072453
Chiliz prediction$ 0.076776 (13.81%)
SentimentBullish
Fear & Greed index49 (Neutral)
Key support levels$ 0.064317, $ 0.062807, $ 0.060723
Key resistance levels$ 0.067911, $ 0.069996, $ 0.071505

CHZ price is expected to rise by 13.81% in the next 5 days according to our Chiliz price prediction

Chiliz price today is trading at $ 0.072453 after gaining 8.30% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 9.31% in the same time period. CHZ performed well against BTC today and recorded a 9.04% gain against the world’s largest cryptocurrency.

According to our Chiliz price prediction, CHZ is expected to reach a price of $ 0.076776 by Oct 14, 2024. This would represent a 13.81% 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 38.08% in the last 30-days. The medium-term trend for Chiliz has been bullish, with CHZ increasing by 7.82% in the last 3 months. The long-term picture for Chiliz has been positive, as CHZ is currently displaying a 27.67% 1-year price change. On this day last year, CHZ was trading at $ 0.056749.

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 $ 0.072542, while the cycle low is at $ 0.044066. CHZ has been displaying low volatility recently – the 1-month volatility of the coin is at 9.96. Chiliz recorded 19 green days in the last 30 days.

Chiliz technical analysis for today – Oct 09, 2024

The sentiment in the Chiliz markets is currently Bullish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.064317, $ 0.062807 and $ 0.060723, while $ 0.067911, $ 0.069996 and $ 0.071505 are the key resistance levels.

Bullish sentiment for Chiliz

22 indicators are currently signaling a bullish prediction for Chiliz, while 7 indicators are showing a bearish forecast. With 76% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Chiliz.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 49 (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.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 0.060392 (BUY)$ 0.060784 (BUY)
MA5$ 0.061094 (BUY)$ 0.058989 (BUY)
MA10$ 0.062514 (BUY)$ 0.057253 (BUY)
MA21$ 0.063445 (BUY)$ 0.057623 (BUY)-$ 0.08 (BUY)$ 0.076263 (SELL)
MA50$ 0.058345 (BUY)$ 0.064904 (BUY)$ 0.083349 (SELL)$ 0.090717 (SELL)
MA100$ 0.061904 (BUY)$ 0.078546 (SELL)-$ 0.03 (BUY)$ 0.104588 (SELL)
MA200$ 0.092104 (SELL)$ 0.090615 (SELL)$ 0.039056 (BUY)$ 0.046545 (BUY)
PeriodValueAction
RSI (14)59.41NEUTRAL
Stoch RSI (14)24.00NEUTRAL
Stochastic Fast (14)76.88NEUTRAL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)26.28BUY
Awesome Oscillator (5, 34)0.00NEUTRAL
Momentum (10)0.00NEUTRAL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-23.12NEUTRAL
Ultimate Oscillator (7, 14, 28)52.36NEUTRAL
VWMA (10)0.06BUY
Hull Moving Average (9)0.06BUY
Ichimoku Cloud B/L (9, 26, 52, 26)0.06NEUTRAL

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 59.41, 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 Bullish. CHZ would have to increase by 13.81% to hit our $ 0.076776 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: https://coincodex.com/article/48735/chiliz-prediction-october-09-2024/