- The bullish prediction for CHZ price is 0.25 USD to 0.33 USD.
- CHZ will also reach $0.9 soon.
- The bearish market price of CHZ for 2022 is forecast at $0.08.
In Chiliz Price Predictions (CHZ) 2022, we use statistics, price patterns, RSI, RVOL and other information about CHZ to analyze the future movement of cryptocurrencies.
Chiliz (CHZ) Current Market Status
according to Queen GekkoChiliz (CHZ) price is $0.2192 with a 24-hour trading volume of $609,623,376 at the time of writing. However, CHZ has increased by 0.26% in the past 24 hours.
Furthermore, Chiliz (CHZ) has a circulating supply of 6,000,387,493 CHZ. Currently, CHZ trades on cryptocurrency exchanges such as Binance, Coinbase, Bybit, MEXC, CoinW, OKX and CoinTiger.
What is Chiliz (CHZ)?
Chiliz is the currency of choice for mainstream consumers’ blockchain-powered products and services. Chiliz provides sports organizations with blockchain-based tools to help them engage and monetize their audience. CHZ tokens can also be used to buy/exchange fan tokens through the consumer-oriented platform Socios.com.
Chiliz (CHZ) Price Forecast 2022
Chiliz (CHZ) is ranked 53rd on CoinGecko at the moment. The CHZ price forecast for 2022 is explained below with a daily time frame.
The above chart for Chiliz (CHZ) has plotted a rounded bottom. The price movements form an arc-like pattern and thus it is also known as the bottom of the saucer pattern. In general, the round-bottom pattern indicates a long-term price reversal. This pattern also confirms changes in market sentiment as the trend appears to be shifting from bearish to bullish. Investors generally have to remain cautious and time the market well. If the price breaks and crosses the resistance level, it will enter a confirmed upward path.
Currently, Chiliz (CHZ) is priced at $0.2192 USD. If the pattern continues, CHZ may reach the $0.2599 and $0.3359 resistance levels. If the trend reverses, CHZ may drop to $0.0840.
Chile’s Support and Resistance Levels (CHZ)
The chart below shows support and resistance levels in Chiliz (CHZ).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels in Chiliz (CHZ).
- Resistance Level 1 – $0.2599
- Resistance Level 2 – $0.3359
- Support Level 1 – $0.27
- Support Level 2 – $0.1634
- Support Level 3 – $0.1276
- Support Level 4 – $0.0840
The charts show that CHZ has performed an upward trend over the past month. If the trend continues, CHZ may work in tandem with the bulls taking out the resistance at $0.3359.
Accordingly, if investors turn against the cryptocurrency, the price of CHZ could drop to around $0.0840, which is a bearish sign.
Chiliz (CHZ) Price Forecast for 2022 – RVOL, MA and RSI
The relative volume (RVOL) for Chiliz (CHZ) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous volume of traders. Currently, the RVOL of CHZ is located above the cutoff line, which indicates the presence of strong participants in the current trend.
Moreover, Chile’s Moving Average (MA) (CHZ) is shown in the above chart. Notably, the price of CHZ is above the 50 MA (short term), so it is in quite an uptrend. Currently, CHZ is in an uptrend. There is a possibility of CHZ trend reversing at any time.
Meanwhile, the CHZ Relative Strength Index (RSI) is at 82.83. This means that CHZ is in an overbought state. However, this gives confidence to the traders to trade without any fear.
Chiliz (CHZ) Price Forecast 2022 – ADX, RVI
Let’s now take a look at the Average Directional Index (ADX) for Chile (CHZ). It helps to measure the overall strength of a trend. The indicator is the average of the values of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.
The chart above represents the ADX indicator for Chile (CHZ). Currently, CHZ is in the 62.12 range, so it indicates a very strong trend.
From the chart above, the Chilean Relative Volatility Index (RVI) (CHZ). RVI measures the continuous skewness of price changes over a period of time rather than price changes. The RVI of CHZ is above 50, which indicates that the volatility trend is high. In fact, the CHZ RSI is at 82.83, confirming a possible buy signal.
Compare CHZ with BTC and ETH
The chart below shows a price comparison between Bitcoin, Ethereum and Chiliz (CHZ).
From the above chart, we can interpret the movement of ETH, BTC, and CHZ in a similar direction. This indicates that when the price of BTC rises or falls, the price of ETH and CHZ also increases or decreases, respectively.
Chiliz (CHZ) Price Forecast 2023
If the price action’s decline completely slows down in momentum and the trend reverses, Chiliz (CHZ) Likely to make $1.5 by 2023.
Chiliz (CHZ) Price Forecast 2024
With several network upgrades, Chiliz (CHZ) may enter an upward trajectory. If the coin attracts the attention of major investors, CHZ could rise to $2.1 by 2024.
Chiliz (CHZ) Price Forecast 2025
If Chiliz (CHZ) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next three years, CHZ will rise to $2.9.
Chiliz (CHZ) Price Forecast 2026
If Chiliz (CHZ) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, CHZ will rise to $4.
Chiliz (CHZ) Price Forecast 2027
If Chiliz (CHZ) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, CHZ will rise to $4.6.
Chiliz (CHZ) Price Forecast 2028
If Chiliz (CHZ) maintains a strong position as a better investment option for the next six years, it could see significant price hikes. Thus, by 2028, CHZ will reach $5.3.
Chiliz (CHZ) Price Forecast 2029
If investors flock and continue to place their bets on Chiliz (CHZ), this will see huge gains. CHZ could reach $6 by 2029.
Chiliz (CHZ) Price Forecast 2030
With greater advances in the Chiliz ecosystem, the crypto community may continue to invest in Chiliz (CHZ) over the next eight years, driving up cryptocurrency prices exponentially. Thus, the price of Chiliz (CHZ) could reach $6.5 by 2030.
With the continuous improvements in the Chiliz network, we can say that 2022 is a good year for CHZ. For this reason, the bullish price forecast for Chiliz (CHZ) in 2022 is $0.3359. On the other hand, the bearish price forecast for Chiliz (CHZ) for 2022 is $0.0702.
Moreover, with developments and improvements in the Chiliz ecosystem, Chiliz’s performance (CHZ) will rise to reach a new all-time high (ATH) at $0.878,633 very soon. But, it could also reach $0.9 if investors think CHZ is a good investment in 2022.
Chiliz is the currency of choice for mainstream consumers’ blockchain-powered products and services.
Chiliz (CHZ) is listed on several cryptocurrency exchanges including Binance, OKX, CoinW, Bybit, and FTX.
With the continuous developments and updates within the Chiliz platform, Chiliz (CHZ) has a great potential to reach ATH soon.
On March 13, 2021, Chiliz (CHZ) reached a new all-time high (ATH) at $0.878,633.
Chiliz (CHZ) appears to be one of the most profitable cryptocurrencies this year. According to Chiliz’s achievements in the past few months, CHZ is a good investment in 2022.
Chiliz (CHZ) is one of the active cryptocurrencies that continues to maintain its bullish state. Finally, if this uptrend continues, Chiliz (CHZ) will reach $0.9 soon.
Chiliz (CHZ) is expected to reach $1.5 by 2023.
The price of Chiliz (CHZ) is expected to reach $2.1 by 2024.
9. How much will Chili’s (CHZ) cost by 2025?
Chiliz (CHZ) is expected to reach $2.9 by 2025.
Chiliz (CHZ) is expected to reach $4 by 2026
Disclaimer: The opinion expressed in this graph is that of the author only. Not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.
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