Chiliz

bullish

2024

Reversal

<p>After displaying a consolidated price action for a brief period, the Chiliz price has regained momentum by adding over 10% to its portfolio within a short period. With this, this altcoin has secured the first position in the daily top gainers list among the top 100 cryptocurrencies.</p>  
<p>With the rising volatility in the cryptocurrency market, will CHZ price regain momentum and record a slingshot toward its yearly high of $0.170 this Q4? Let’s uncover the market sentiment and short-term price prospects of Chiliz (CHZ) in the article.</p>  
<h2 class="wp-block-heading" id="h-chz-price-retests-its-important-resistance-level">CHZ Price Retests Its Important Resistance Level!</h2>  
<p>The Chiliz price has added ~9% to its portfolio in the past 24 hours with a trading volume of $234.74 million. Moreover, it has gained 19.58% over the past week and 36.75% during the past 30 days.</p>  
<figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/10/09234745/image-104-6-1024x540.png" alt="CHZ 9th Oct Price Analysis" class="wp-image-363042">
</figure>  
<p>Notably, it is on the verge of testing its July high above the resistance level of $0.0725. This highlights an increase in the buying pressure for the altcoin within the crypto space.</p>  
<p>The Relative Strength Index (RSI) has recorded a sharp rise toward its overbought range in the 1D time frame. Further, with a bullish convergence, the Chiliz price suggests a positive outlook this week.</p>  
<p>Moreover, the EMA 50-day has displayed a positive curve in the Chiliz price chart. This highlights that the CHZ coin price will continue to rise this week.</p>  
<h2 class="wp-block-heading" id="h-will-chiliz-price-hit-0-1-this-q4">Will Chiliz Price Hit $0.1 This Q4?</h2>  
<p>If the market holds the price above its resistance level of $0.0725, this could result in the CHZ crypto retesting its upper psychological level of $0.0975. Moreover, if the bullish sentiment sustains, the altcoin will head toward its $0.1225 mark.</p>  
<p>On the flip side, a bearish reversal could pull the Chiliz (CHZ) price toward its crucial support trendline of $0.0475 during the upcoming weeks.<br>Wondering about the long-term price targets of this altcoin? Read our <a href="https://coinpedia.org/price-prediction/chiliz-chz-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Chiliz (CHZ) Price Prediction</a> 2024 - 2030</p>

Chiliz Price Prediction: Bullish Reversal To Push The CHZ Price To $0.1?

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