Chiliz Bulls Test $0.2505 Resistance – Can CHZ Reach Green Zone?

Chiliz Bulls Test $0.2505 Resistance – Can CHZ Reach Green Zone?


Increasing volume in Chiliz intraday trades pointed to a likely bullish comeback in the coin’s price.

Since the start of trading today, the volume of Chiliz has increased from $395,564,490 to $694,854,345.

Market capitalization rose from $1,203,242,510 to $1,222,317,487 as trading volume rose.

Trending: WATCH: Star NFL Quarterback Rushed To The Hospital After Devastating Hit

Increases in both trading activity and market capitalization of this magnitude suggest that a turnaround may be in the works.

This could be the case if we believe real-time data. A cup-and-handle pattern appears on the chart, suggesting a possible or current upswing.

As a whole, the cryptocurrency market has been seeking to rebound from the unfavorable market conditions that have dominated the financial sphere, so the recovery should come as no surprise for Chiliz.

The ensuing crashes in April–August further reinforced

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend