CHILIZ
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Chiliz Heats Up With 10% Rally – Will CHZ Push Higher This Week?
Chiliz, the sports-themed cryptocurrency, has been making great strides following news related to the broader Chiliz ecosystem.
Chiliz’s official Twitter account revealed that the ecosystem will launch a new blockchain that is expected to drive the demand for the ecosystem’s native token.
At the time of writing, the token is up nearly 10% in the last seven days. Along with the bullish sentiment surrounding cryptocurrencies in the past few days, CHZ could see new highs this week.
Public launch of the new Sports Blockchain_ 𝐓𝐡𝐞 𝟏𝟎𝐭𝐡 𝐨𝐟 𝐌𝐚𝐲 🔒#ChilizBlockchain ⚡️ $CHZ pic.twitter.com/xNHnCfriin
— Chiliz ($CHZ ) – Powering Socios.com ⚡ (@Chiliz) March 28, 2023
Related Reading: These Top 5 Meme Coins Are Bleeding As March 2023 Ends – Here’s Why
CHZ Becoming A Hot Investment Due To Off, On-Chain Factors
The sports and entertainment niche Chiliz built itself on is celebrating the latest development on Socios.com, which is powered by the Chiliz ecosystem.
According to one of Socios’ latest tweets, the entertainment platform announced that they are accepting votes on who the community wants to see on the next fan tokens.
This is ahead of the UFC Season 287 which is one of the biggest MMA shows on the planet. With total revenue of $609 million, this would bring more fans to Socios which means more demand for the Chiliz ecosystem, not to mention the up-and-coming Palmeiras fan token in the next few weeks which would also drive up demand.
We’ve got something new for UFC Fan Token holders ahead of #UFC287! 💥
Choose which fighter you’d like to see on a @OfficialPanini Instant Card!
🤜 Vote now! https://t.co/iYE5ZHaeci pic.twitter.com/L7ZuzLuT0D
— Socios.com (@socios) April 3, 2023
Adding to the bullishness is the May 10 release of the new Chiliz blockchain. Although there are no specific features defined by the tweet, the community is spurred into buying up CHZ ahead of launch.
At $0.1268, The Token Is Poised For A Big Upside
CHZ, which is currently trading at $0.1268, has been trading on a consistent upward trend following the general crypto market price movement. This led the bulls to target the $0.1308 resistance as a short-term target.
The current sentiment on crypto should also help the price to rally towards this resistance in the next couple of days.
Source: CoinMarketCap
Source: Coingecko
Due to this, investors and traders should be able to target $0.1664 in the long term. Breaking through this resistance would give CHZ a reliable support level for the future. Investors and traders should focus on flipping $0.1308 to support.
CHZUSD currently trading at 0.1247 on the daily chart at TradingView.com
Related Reading: Solar Network (SXP) Token Scorches Top 100 Rival Coins With 223% Rally
If the momentum allows it, CHZ bulls should be able to target $0.1914 comfortably. Monitoring the major cryptocurrencies will also benefit the bulls as they can gauge the sentiment around crypto.
#CHILIZ #Binance #crypto2023 #crypto #cryptotrading
Chiliz’s official Twitter account revealed that the ecosystem will launch a new blockchain that is expected to drive the demand for the ecosystem’s native token.
At the time of writing, the token is up nearly 10% in the last seven days. Along with the bullish sentiment surrounding cryptocurrencies in the past few days, CHZ could see new highs this week.
Public launch of the new Sports Blockchain_ 𝐓𝐡𝐞 𝟏𝟎𝐭𝐡 𝐨𝐟 𝐌𝐚𝐲 🔒#ChilizBlockchain ⚡️ $CHZ pic.twitter.com/xNHnCfriin
— Chiliz ($CHZ ) – Powering Socios.com ⚡ (@Chiliz) March 28, 2023
Related Reading: These Top 5 Meme Coins Are Bleeding As March 2023 Ends – Here’s Why
CHZ Becoming A Hot Investment Due To Off, On-Chain Factors
The sports and entertainment niche Chiliz built itself on is celebrating the latest development on Socios.com, which is powered by the Chiliz ecosystem.
According to one of Socios’ latest tweets, the entertainment platform announced that they are accepting votes on who the community wants to see on the next fan tokens.
This is ahead of the UFC Season 287 which is one of the biggest MMA shows on the planet. With total revenue of $609 million, this would bring more fans to Socios which means more demand for the Chiliz ecosystem, not to mention the up-and-coming Palmeiras fan token in the next few weeks which would also drive up demand.
We’ve got something new for UFC Fan Token holders ahead of #UFC287! 💥
Choose which fighter you’d like to see on a @OfficialPanini Instant Card!
🤜 Vote now! https://t.co/iYE5ZHaeci pic.twitter.com/L7ZuzLuT0D
— Socios.com (@socios) April 3, 2023
Adding to the bullishness is the May 10 release of the new Chiliz blockchain. Although there are no specific features defined by the tweet, the community is spurred into buying up CHZ ahead of launch.
At $0.1268, The Token Is Poised For A Big Upside
CHZ, which is currently trading at $0.1268, has been trading on a consistent upward trend following the general crypto market price movement. This led the bulls to target the $0.1308 resistance as a short-term target.
The current sentiment on crypto should also help the price to rally towards this resistance in the next couple of days.
Source: CoinMarketCap
Source: Coingecko
Due to this, investors and traders should be able to target $0.1664 in the long term. Breaking through this resistance would give CHZ a reliable support level for the future. Investors and traders should focus on flipping $0.1308 to support.
CHZUSD currently trading at 0.1247 on the daily chart at TradingView.com
Related Reading: Solar Network (SXP) Token Scorches Top 100 Rival Coins With 223% Rally
If the momentum allows it, CHZ bulls should be able to target $0.1914 comfortably. Monitoring the major cryptocurrencies will also benefit the bulls as they can gauge the sentiment around crypto.
#CHILIZ #Binance #crypto2023 #crypto #cryptotrading
#CHILIZ LABS, BACKED BY JUMP CRYPTO, LAUNCHES $50M INCUBATOR CHILIZ LABS.
1 MARCH 2023. Chiliz, the global #blockchain leader in #Web3 sports and entertainment, is pleased to announce the launch of Chiliz Labs, a $50 million USD incubator and accelerator programme.
#partnership
1 MARCH 2023. Chiliz, the global #blockchain leader in #Web3 sports and entertainment, is pleased to announce the launch of Chiliz Labs, a $50 million USD incubator and accelerator programme.
#partnership
Rally Report On CHILIZ
The price of CHZ has rallied by 7% in the past 24 hours.
WHY?!
🎉 Investors are bullish after UK football club Tottenham Hotspur announced it was going to issue a fan token called SPURS on the Chiliz platform.
🚀 Notably, the team has stated that the fan tokens will be integrated into its own loyalty program and mobile app in the future. The tokens, which are scheduled to be sold on October 4th at $2 per token, will also be distributed for free to season ticket holders and club members.
Disclaimer: Digital asset prices are subject to high market risk and price volatility, You are solely responsible for your investment decisions.
I'm just giving a Rally Report, I'm not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks.
#dyor #chz #CHILIZ $CHZ
The price of CHZ has rallied by 7% in the past 24 hours.
WHY?!
🎉 Investors are bullish after UK football club Tottenham Hotspur announced it was going to issue a fan token called SPURS on the Chiliz platform.
🚀 Notably, the team has stated that the fan tokens will be integrated into its own loyalty program and mobile app in the future. The tokens, which are scheduled to be sold on October 4th at $2 per token, will also be distributed for free to season ticket holders and club members.
Disclaimer: Digital asset prices are subject to high market risk and price volatility, You are solely responsible for your investment decisions.
I'm just giving a Rally Report, I'm not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks.
#dyor #chz #CHILIZ $CHZ
Chiliz Technical Analysis 📊📈
Chiliz, a cryptocurrency that is at the focus of the sports world, came to the fore as one of the most smaking altcoins of 2021. CHZ had risen to $0.89 as a peak level at the time. Afterwards, CHZ declined with the effect of the bear season and fell to the $0.053 levels. A golden cross formation stood out for CHZ, which crossed the $0.1 level after the recovery.
The Golden Cross formation is seen as a harbinger of the rise in the cryptocurrency world. Accordingly, a form of formation that occurs when a short-term moving average line cuts the long-term moving average line and rises above it. Since this pattern occurred at CHZ during the week, a bullish move may be a matter of time.
At the time of writing, when I look at the CHZ price we know as sports-oriented altcoin in the cryptocurrency world, I see that the price is at the level of 0.15 dollars. I need to state that the CHZ coin has made an impressive increase of approximately 25% in the last week. On the other hand, it should be emphasized that important developments for cryptocurrency are especially sports activities.
Now we have UEFA Euro 2024 ahead of us. I believe that it would be beneficial for investors to consider this, as there may be significant participation in CHZ before this activity. On the other hand, towards the end of the Championship, the CHZ investor should be careful towards the end, as the enthusiasm will go out.
When we look at the technical indicators, we see that the RSI is at the level of 51. It should be noted that this level is a neutral level, that is, it does not give buy or sell advice.
On the other hand, when we look at the MACD indicator, we see that the MACD line for the cryptocurrency CHZ is on the signal line. This situation states that the increase for CHZ will continue. The next process for the cryptocurrency CHZ will be the capture of the $0.165 level. While CHZ has caught this trend, the biggest obstacle in front of it will be Bitcoin's negative move. DYOR Source Cointurk
#CHZ/USDT #ANALYSIS #CHILIZ $CHZ
Chiliz, a cryptocurrency that is at the focus of the sports world, came to the fore as one of the most smaking altcoins of 2021. CHZ had risen to $0.89 as a peak level at the time. Afterwards, CHZ declined with the effect of the bear season and fell to the $0.053 levels. A golden cross formation stood out for CHZ, which crossed the $0.1 level after the recovery.
The Golden Cross formation is seen as a harbinger of the rise in the cryptocurrency world. Accordingly, a form of formation that occurs when a short-term moving average line cuts the long-term moving average line and rises above it. Since this pattern occurred at CHZ during the week, a bullish move may be a matter of time.
At the time of writing, when I look at the CHZ price we know as sports-oriented altcoin in the cryptocurrency world, I see that the price is at the level of 0.15 dollars. I need to state that the CHZ coin has made an impressive increase of approximately 25% in the last week. On the other hand, it should be emphasized that important developments for cryptocurrency are especially sports activities.
Now we have UEFA Euro 2024 ahead of us. I believe that it would be beneficial for investors to consider this, as there may be significant participation in CHZ before this activity. On the other hand, towards the end of the Championship, the CHZ investor should be careful towards the end, as the enthusiasm will go out.
When we look at the technical indicators, we see that the RSI is at the level of 51. It should be noted that this level is a neutral level, that is, it does not give buy or sell advice.
On the other hand, when we look at the MACD indicator, we see that the MACD line for the cryptocurrency CHZ is on the signal line. This situation states that the increase for CHZ will continue. The next process for the cryptocurrency CHZ will be the capture of the $0.165 level. While CHZ has caught this trend, the biggest obstacle in front of it will be Bitcoin's negative move. DYOR Source Cointurk
#CHZ/USDT #ANALYSIS #CHILIZ $CHZ
🧧🧧 $CHZ $CHZ $CHZ 🚨🚨
What is Chiliz Trying to Do ⁉️⁉️
Chiliz has been making some interesting moves lately. They've launched their own layer-1 blockchain, Chiliz Chain, which is a big step towards expanding their fan token ecosystem. This move is expected to attract more sports teams, fans, and developers to build Web3 products and experiences that bring fans and brands closer together.
In other news, Chiliz has also launched a $50 million incubator program called Chiliz Labs to support early-stage projects in the sports and entertainment industries. This initiative aims to foster innovation and growth in the sector.
On the financial front, Chiliz's native token CHZ has been performing well, with its price hitting a six-week high recently. This surge in price is partly due to whale activities, which have been driving up trading volume to a 22-month high.
Overall, it seems like Chiliz is positioning itself for growth and expansion in the Web3 space, with a focus on sports and entertainment.
#CHZ/USDT #CHILIZ #ANALYSIS
What is Chiliz Trying to Do ⁉️⁉️
Chiliz has been making some interesting moves lately. They've launched their own layer-1 blockchain, Chiliz Chain, which is a big step towards expanding their fan token ecosystem. This move is expected to attract more sports teams, fans, and developers to build Web3 products and experiences that bring fans and brands closer together.
In other news, Chiliz has also launched a $50 million incubator program called Chiliz Labs to support early-stage projects in the sports and entertainment industries. This initiative aims to foster innovation and growth in the sector.
On the financial front, Chiliz's native token CHZ has been performing well, with its price hitting a six-week high recently. This surge in price is partly due to whale activities, which have been driving up trading volume to a 22-month high.
Overall, it seems like Chiliz is positioning itself for growth and expansion in the Web3 space, with a focus on sports and entertainment.
#CHZ/USDT #CHILIZ #ANALYSIS
