• Chiliz celebrates its 5th anniversary with a new look and NFT launch.
• Chiliz shared exciting news about the genesis block and the new ambassador.
• The volume propelled by 785.68% in the last 24 hours.

Chiliz family all-ready to celebrate the 5th anniversary of the blockchain. The celebration involved a launch of a very special reward for the Chilizens. The community launched 100 limited Anniversary NFTs that can be won throughout the festivities. It is the first-ever Chiliz NFT including the new branding.The celebration is in full-swing as the ecosystem had a makeover, now has a new look. Along with the makeover, the genesis block of the new EVM-compatible Layer 1 blockchain received validation, on the occasion of its Happy Birthday.

The celebration is quadrupled with a new look, a limited-edition NFT, validation for genesis block and a new global ambassador. Minjae Kim, an announced star of the Korean national football team, has entered into a long-term commitment and is the face of the global leader in Web3 for the sports and entertainment industry. The soccer player is appointed as the first global ambassador for Chiliz.

Chiliz Special Price Treat

The CHZ prices shot up in joy, breaking the regression channel being formed. All significant EMAs are claimed in the rally, with 200-EMA recently captured. The prices gained by 19.5% in the intraday session and 26% in the last 7 days. The volume showed an overwhelming response, rising by 785.68% in the last 24 hours. The current price of $0.17 can rally up to $0.24, as per the previous swings. The sharp uptick in OBV suggests the market reaction to be favorable for CHZ. 

The CMF rises perpendicular from the baseline to move in the positive zone, indicating bulls’ arrival in the birthday party. The MACD split up to welcome the buyers, recording taller bars. The RSI jumps to the 70-mark ceiling to raise a toast to Chiliz. 

A Spicy Bite

The 4 hour time zone shows the spirits and prices elevated enough to establish a solid bull run. The CMF moves in the higher ranges of the positive zone to indicate bullish momentum. The MACD diverged wide to record ascending buyers. The RSI soars high in the overbought zone to mirror buyers’ emotions. 

Conclusion

The Chiliz platform is celebrated in every way possible. The four-fold  celebration with a new look, NFT, ambassador and validation can set new records for CHZ. The holder must watch the prices testing the resistance to enjoy the rally. 

Technical levels

Support levels: $0.12 and $0.10

Resistance levels: $0.20 and $0.22

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Source: https://www.thecoinrepublic.com/2023/02/08/chz-turns-five-new-face-new-look-validation-as-birthday-gifts/