Analyze CHZ

CHZ rebounded sharply by more than 10% and the subsequent price increase suggested that a breakout was imminent. CHZ has been in a bullish mood for the past few weeks, with bulls targeting the $0.0800 mark, having seen a sustained rise. CHZ has been under bullish influence since early September and continues to form higher volatility.

A daily close above $0.0800 would confirm a breakout, with CHZ likely to reach $0.100 in the next few sessions.

The daily chart shows that CHZ has gained significant bullish momentum. It is currently trading at $0.07558. The MACD pattern is a golden cross on the axis, with an intraday increase of more than 10.20%. It has a float of 8.89 billion and a volume-to-market cap ratio of 0.294.