Chiliz Shows Strong Growth, Predicted to Reach $0.076776 by Oct 14, 2024
Today, Chiliz (CHZ) is making waves in the Cryptocurrency Market by showing an 8.30% increase against the US Dollar in the last 24 hours. This Growth outpaced the overall Crypto market, which saw a 9.31% increase during the same timeframe. Additionally, CHZ performed exceptionally well against BTC, with a 9.04% gain against Bitcoin.
Looking ahead, our Chiliz Price prediction indicates that the Coin is likely to reach $0.076776 by Oct 14, 2024. This projection suggests a significant 13.81% increase in the next 5 days.
Recent Performance Highlights
- Chiliz is currently trading 5.63% below our prediction for Oct 14, 2024
- CHZ/BTC increased by 9.04% today
- CHZ/ETH increased by 8.15% today
- Chiliz gained 38.08% in the last month and is up 27.67% since a year ago
Key Statistics
<Table>Chiliz's Recent Performance in the Crypto Market
Over the last 30 days, Chiliz has shown remarkable growth, with a 38.08% increase in its price. The medium-term trend for CHZ has been bullish, recording a 7.82% increase in the last 3 months. Looking back a year, Chiliz has seen a 27.67% price change, displaying a positive long-term outlook. A year ago, CHZ was trading at $0.056749.
Chiliz's all-time high occurred on Mar 13, 2021, reaching $0.889434. Currently, the cycle high stands at $0.072542, while the low is at $0.044066. With low volatility in recent times, reflected by a 1-month volatility of 9.96, Chiliz has seen 19 green days in the last 30 days.
Technical Analysis for Chiliz on Oct 09, 2024
The sentiment in the Chiliz markets is currently Bullish, with a Neutral Fear & Greed index. Key support levels to monitor are $0.064317, $0.062807, and $0.060723, while resistance levels are at $0.067911, $0.069996, and $0.071505.
Indicators Overview
Currently, 22 indicators are signaling a bullish prediction for Chiliz, while 7 indicators suggest a bearish forecast. With 76% of indicators favoring a positive prediction, the overall sentiment for Chiliz is Bullish.
The Fear & Greed index, at 49 (Neutral), indicates a neutral outlook among investors. This index measures sentiment in the Cryptocurrency market, with values above 50 signaling greed and below 50 indicating fear.
Moving Averages & Oscillators
An analysis of key moving averages and oscillators provides insight into Chiliz's current market position:
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $0.060392 (BUY) | $0.060784 (BUY) | - | - |
Moreover, technical indicators such as the Relative Strength Index (RSI) and Moving Averages provide further insight into Chiliz's market position and potential price movements.
Conclusion
Given the current market conditions and technical analysis, the Chiliz price prediction remains Bullish. With a forecasted 13.81% increase to $0.076776 in the next five days, monitoring market sentiment, support/resistance levels, and other metrics will be crucial. However, as with all cryptocurrencies, price predictions come with inherent volatility and uncertainty. It is always advisable to seek professional advice before making Investment decisions.
Disclaimer: This information is for general purposes only and should not be considered investment advice. Seek professional consultation before making any financial decisions.
