CHZ Targets $0.3 Level, TAMA Exchange Listings Soon

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The Chiliz price prediction manages to maintain its position as the bulls maintain the desire to push the coin towards the upper boundary of the channel.

Chiliz Prediction Statistics Data:

  • Chiliz price now – $0.24
  • Chiliz market cap – $1.45 billion
  • Chiliz circulating supply – 6 billion
  • Chiliz total supply – 8.8 billion
  • Chiliz Coinmarketcap ranking – #37

CHZ/USD Market

Key Levels:

Resistance levels: $0.32, $0.34, $0.36

Support levels: $0.18, $0.16, $0.14

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CHZ/USD undergoes a much-needed break to the positive side as the market opens today. The Chiliz price is currently posting gains of over 5.62% within the chart, with the coin aiming to cross above the upper boundary of the channel at $0.30.

Chiliz Ready for the Upside; Tamadoge Exchange Listings Soon

The Chiliz price resumes back in the middle of consolidation after a slight drop towards the 9-day and 21-day moving averages. In the meantime, if the market price continues the surge and moves toward the upper boundary of the channel, the $0.25 resistance level is likely to come to play and the Chiliz price may look for higher price levels if the bulls show commitment.

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At the time of writing, the market displays a sign of subduing volatility with choppy price action. If the Chiliz price decides to stay under the control of bears, the price may roll back to the previous supports at $0.18, $0.16, and $0.14 above the moving averages. But on the upside, traders can expect the next levels of resistance at $0.32, $0.34, and $0.36. In addition, the technical indicator Relative Strength Index (14) is moving above 60-level, which indicates that a bullish movement may play out.

Against Bitcoin, the Chiliz price is seen rising above the 9-day and 21-day moving averages in other to reach the nearest resistance at 1400 SAT. Unless the coin crosses above the upper boundary of the channel, and the price ends up closing above it, there might not be any reason to expect a long-term bullish reversal.

CHZBTC – Daily Chart

On the contrary, sliding below the moving averages could refresh lows under 1000 SAT, and a possible bearish continuation may likely meet the critical support at 970 SAT and below while the buyers may push the coin to the potential resistance level of 1600 SAT and above as the technical indicator Relative StrengtIndexex (14) crosses into the overbought region, suggesting more bullish signals.

Tamadoge, an ERC-20 token, will also have its initial DEX offering (IDO) on Uniswap. TAMA is set to list at $0.03. As the Tamadoge presale sold out earlier than expected, the team is reportedly moving forward with all TAMA crypto exchange listings to take place in the coming days.

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Source: https://insidebitcoins.com/news/chz-targets-0-3-level-tama-exchange-listings-soon