SniperFx

Archives

  • March 2023
  • February 2023
  • January 2023
  • September 2022
  • August 2022
  • January 2022
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Analysis
  • Bonds
  • COVID
  • Crypto
  • Forex
  • Forex Trading
  • Ideas
  • Investing
  • Stocks
  • Uncategorized
  • World
  • Home
  • Forex
  • Crypto
  • Contact
0 Likes
0 Followers
0 Followers
Subscribe
SniperFx
SniperFx
  • Bonds
  • Crypto
  • COVID
  • Forex
    • Forex Trading
  • Ideas
  • Investing
  • Stocks
  • World

Chiliz (CHZ) Rises up to the $0.1271 Level After Minimal Recovery

  • admin
  • January 20, 2023
  • 2 minute read
Total
0
Shares
0
0
0

Z price analysis is in favor of the bulls for the day as the price has increased further, and the market is showing positive sentiment toward the crypto pair. The price has been under the bearish shadow for the past few days, but the coin is maintaining its price levels, yet today a recovery in price value is being observed.

The green candlestick on the price chart is marking a bullish price movement, and the CHZ/USD value has increased up to the $7.3 mark.

The buying pressure is increasing, with the trading volume also increasing to $72 million. The market capitalization of the coin is also increasing and currently stands at $846 million.

The one-day CHZ/USD is confirming an increasing trend for the day as the bulls have been maintaining their lead for the past few hours. The green candlestick is an indication of the rise in price as a result of the continuation of the bullish momentum, and the CHZ/USD value has now reached $0.1271 after gaining a 1.27 percent value during the last 24 hours.

Further recovery is possible in the coming days if the bullish efforts remain consistent. The moving average (MA) value for the cryptocurrency is now at $0.131, just below the price level.

The volatility has been high as the Bollinger bands are covering more areas now. The Bollinger Bands Indicator shows the following values for today; the upper value is at $0.145, whereas the lower value is at $0.094.

The Relative Strength Index (RSI) is in the lower neutral range and has been trading at index 55.75; the indicator hints at low momentum from the bullish side.

The 4-hour Chiliz price analysis shows the price has been progressing slowly for the past few hours, and an increasing trend was observed in the last four hours as well. The latest upwards trend has improved the cryptocurrency value up to the $0.1271 mark after a small correction observed at the start of the trading session.

However, bulls have successfully recovered the corrected amount and are covering the range further upwards. The price is trading above its moving average value, i.e., $0.126.

The Bollinger band’s average value is $0.130; because of the decrease in volatility, further uptrends can be expected in the next few hours as the price is moving towards the upper limit of the Bollinger bands. The Upper band value is $0.140, whereas the Lower Bollinger band value is $0.120. The RSI is showing an upward curve with an increase in the score up to index 41.96.

Overall, the bullish sentiment is prevailing in the CHZ/USD market, and further price growth can be expected if bulls continue to remain strong in the coming hours.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
admin

Previous Article

COVID-19 travel guidelines for travelling to the UAE – all you need to know

  • admin
  • January 20, 2023
View Post
Next Article

BoJ’s Kuroda Decision taken last month was not a mistake

  • admin
  • January 20, 2023
View Post
You May Also Like
View Post
  • Crypto

NFT investor accidentally burns $135K CryptoPunk trying to borrow money

  • admin
  • March 25, 2023
View Post
  • Crypto

Coinbase, Tron feel the heat as SEC cranks up the pressure

  • admin
  • March 23, 2023
View Post
  • Crypto

Nigeria CBDC adoption spikes as fiat currency shortage grip the nation

  • admin
  • March 22, 2023
View Post
  • Crypto

Coinbase Objects SEC Core Staking Is Software Service, Not Security

  • admin
  • March 21, 2023
View Post
  • Crypto

Beware of fake Arbitrum Airdrops, community warns

  • admin
  • March 20, 2023
View Post
  • Crypto

ADA Needs to Break Current Supply Wall Before Its Price Can Spike

  • admin
  • March 18, 2023
View Post
  • Crypto

Crypto mining in 2023 — Is it still worth it Watch Market Talks

  • admin
  • March 17, 2023
View Post
  • Crypto

FDIC asked Signature buyers to stop all crypto business Report

  • admin
  • March 16, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Trump warns of ‘death & destruction’ if charged with a crime
  • Britain’s John Lewis has lost its soul, says Mary Portas
  • Dan Gambardello: ADA Could Spike as Cardano Hits 4M Wallets
  • USDCAD Potential downsides
  • AUDUSD drops to over one-week low, below mid-0.6600s amid broad-based USD strength

Recent Comments

No comments to show.
Featured Posts
  • 1
    Trump warns of ‘death & destruction’ if charged with a crime
    • March 25, 2023
  • 2
    Britain’s John Lewis has lost its soul, says Mary Portas
    • March 25, 2023
  • 3
    Dan Gambardello: ADA Could Spike as Cardano Hits 4M Wallets
    • March 25, 2023
  • 4
    USDCAD Potential downsides
    • March 25, 2023
  • 5
    AUDUSD drops to over one-week low, below mid-0.6600s amid broad-based USD strength
    • March 25, 2023
Recent Posts
  • EURUSD Seen at 1.05 in three months – Rabobank
    • March 25, 2023
  • NFT investor accidentally burns $135K CryptoPunk trying to borrow money
    • March 25, 2023
  • N.B. to end COVID-19 PCR testing for most people April 1, memo reveals
    • March 25, 2023
Categories
  • Analysis (8)
  • Bonds (47)
  • COVID (73)
  • Crypto (65)
  • Forex (81)
  • Forex Trading (46)
  • Ideas (46)
  • Investing (46)
  • Stocks (89)
  • Uncategorized (40)
  • World (195)
SniperFx
  • Home
  • Forex
  • Crypto
  • Contact
Forex & Crypto Updates

Input your search keywords and press Enter.