- The CHZ token price is trading below the demand zone on a daily time frame.
- សញ្ញាសម្ងាត់បានបង្ហាញពីសកម្មភាពធ្លាក់ចុះនៅក្នុងវគ្គមុនៗ។
The bulls are attempting to take control of the trend and drive the token’s price higher. Chiliz (CHZ) is an Ethereum token that powers Socios.com, a website that allows users to exchange tokens to support professional sports teams.
CHZ token on the daily chart
On a daily time frame, the token is trading below the demand zone. The CHZ token is currently trading at $0.1361 with a gain of 0.22% in the last 24 hours, as seen on the daily chart. It is trading below its key Moving Averages (50 and 200 EMA). (Red line is 50 EMA and the blue line is 200 EMA). It remains to be seen whether the bulls can hold the $0.1229 support level and continue their bullish momentum.
សន្ទស្សន៍កម្លាំងទាក់ទង៖ The asset’s RSI curve is currently trading at 48.68, having crossed below the halfway mark of the 50 point line. The recent decline in the value of the token has caused the value of the RSI curve to fall. The RSI curve has crossed below the 14 SMA, indicating that the token is bearish. If the token continues the fall below the demand zone, the RSI curve.
ទស្សនៈ & ការរំពឹងទុករបស់អ្នកវិភាគ
The token attempted to break above the demand zone, but the bears were strong enough to stop the bulls from winning. To grab hold of the trend, the bulls must break above the demand zone. Investors are advised to hold their buys and wait for the token to break above the demand zone and then buy to get more confirmation. Intraday traders, on the other hand, have a good opportunity to go short and book profits based on their risk to reward ratio.
According to our current Chiliz (CHZ) price projection, the value of Chiliz (CHZ) is projected to climb by 10.99% in the next few days, reaching $ 0.151057. Our technical indicators indicate that the current sentiment is bearish, with the Fear & Greed Index reading 49. (Neutral). Chiliz had 16/30 (53%) green days with 5.50% price volatility in the previous 30 days.
កំរិតបច្ចេកទេស
ជំនួយសំខាន់: $0.1229
ការតស៊ូសំខាន់: $0.1450 & $0.1566
សន្និដ្ឋាន
On a daily time frame, the CHZ token price has slipped below the demand zone. The CHZ token price is building a bearish chart pattern based on the price action. It remains to be seen if the token price can rebound from the long-term demand zone or break through and fall. Investors should wait for a clear indication before acting.
ការមិនទទួលខុសត្រូវ: ទស្សនៈ និងគំនិតដែលសរសេរដោយអ្នកនិពន្ធ ឬមនុស្សណាម្នាក់ដែលមានឈ្មោះក្នុងអត្ថបទនេះគឺសម្រាប់តែគំនិតព័ត៌មានប៉ុណ្ណោះ ហើយពួកគេមិនបង្កើតហិរញ្ញវត្ថុ ការវិនិយោគ ឬដំបូន្មានផ្សេងទៀតទេ។ ការវិនិយោគលើ ឬជួញដូរទ្រព្យសកម្មគ្រីបតូមកជាមួយហានិភ័យនៃការបាត់បង់ហិរញ្ញវត្ថុ។
Source: https://www.thecoinrepublic.com/2023/02/11/chz-price-analysis-bulls-are-struggling-to-hold-the-levels/