Chiliz

2024

Impact

when

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/chiliz-coin-shows-potential-for-growth/" data-wpel-link="internal">Chiliz Coin Shows Potential for Growth</a><br></p>
<p style="text-align: justify">A cryptocurrency at the center of the sports world, Chiliz, emerged as one of the most notable altcoins of 2021. <strong>CHZ</strong> had reached a peak level of $0.89 at that time. Subsequently, CHZ declined to $0.053 due to the bear market but recovered to surpass $0.1, forming a golden cross.</p> 
<h2 style="text-align: justify" id="golden-cross-formation-in-chz">Golden Cross Formation in CHZ</h2> 
<p style="text-align: justify">The golden cross formation is seen as a bullish indicator in the cryptocurrency world. It occurs when a short-term moving average crosses above a long-term moving average. This formation appeared in CHZ during the week, indicating a potential upward movement.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-358400 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/chz.jpg" alt="" width="1080" height="1083"></p> 
<p style="text-align: justify">At the time of writing, CHZ, known as a sports-focused <a href="https://en.coin-turk.com/bitcoin-and-ethereum-price-predictions-by-arthur-hayes-1-million-dollars-for-bitcoin-and-100-thousand-dollars-for-ethereum/" data-wpel-link="internal">altcoin</a>, is priced at $0.15. CHZ coin has seen an impressive 25% increase over the past week. <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">Significant developments</a>, particularly in sports activities, are crucial for this cryptocurrency. CHZ tends to increase before every sports event.</p> 
<h2 style="text-align: justify" id="uefa-euro-2024-may-impact-chz-price">UEFA Euro 2024 May Impact CHZ Price</h2> 
<p style="text-align: justify">The upcoming <strong>UEFA Euro 2024</strong> could bring significant participation in CHZ. Investors should consider this potential. However, as the championship concludes, the excitement may wane, so CHZ <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> should be cautious towards the end.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-358401 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/CHZUSDT_2024-06-01_14-31-42.png" alt="" width="1814" height="798"></p> 
<p style="text-align: justify">Technical indicators show the RSI at 51, a neutral level indicating neither a buy nor sell recommendation. The MACD indicator shows the MACD line above the signal line for CHZ, suggesting continued growth. The next target for CHZ is $0.165, with Bitcoin’s potential negative movement being the biggest obstacle.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/chiliz-coin-shows-potential-for-growth/" data-wpel-link="internal">Chiliz Coin Shows Potential for Growth</a></h5>

Chiliz Coin Shows Potential for Growth

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