Key Takeaways:
- The CHZ price closed the previous day’s trade at $0.1917 with a market capitalization of $1.12 billion and a circulating supply of 5.98 billion CHZ
- The asset is following a constant downtrend wherein each possibility of rebounding from the lows is been nullified
ChilizPrice Prediction: Will CHZ Price Hit $1 in 2022?
Chiliz’s price suddenly gained mainstream attention as Q1 2021 was approaching towards the end. Within a couple of weeks, the CHZ price reached its ATH which was followed by a drastic plunge. Since then the popular NFT has maintained a consolidated trend, which also includes a couple of surges and notable upturned too. However, nullifying all the uptrends, the asset plunge back to the support levels. And currently, the price is trending around the same levels since the beginning of 2022.
Since the beginning of 2022, the MACD levels also do not show huge deviations at present. Therefore even if the market trend flips, no immediate impact may be seen on CHZ price. However, the asset needs to display a huge bullish trend and hover at least above $0.3 or $0.35 to attract investors. In such a case, the price may continue consolidating but in an ascending fashion.
If the CHZ price follows the above-mentioned plot then squashing the bearish trend, may trade in between $0.7 to $0.75 by the end of 2022. Yet an extended bull run may assist the price to surpass the $1 milestone to form a new ATH. On the contrary, if the bears take back the control, then the asset may experience a roller coaster ride. And by the end of 2022 trade the CHZ price may hoer around $0.5 to $0.55, but after achieving certain highs.
ChilizPrice Analysis: How High Will CHZ Crypto Price Go in 2022?
Chiliz’s price since the beginning of 2022 is maintaining a bearish yet consolidated trend. Also, a decent amount of buying and selling volume is witnessed, pointing towards the asset possessing some volatility. Therefore by the end of Q1, the price may achieve the immediate resistance at $0.24. However, the bears may keep hindering the rally at each milestone, but the buyers may support the rally.
Q2 2022 is also not expected to be extremely bullish as it was in 2021. And hence a healthy consolidation may make its way that could prevent the asset to drown. Yet a notable uptrend still may remain at distance. However, the second half of 2022 could be significantly bullish as predicted by many. And hence if the asset inculcates a bullish momentum then one can expect a decent range between $0.6 to $0.67 to end the 2022 trade. Yet the $1 milestone may remain a little distant and achievable somewhere in Q1 2023.
Chiliz Price Analysis: CHZPrice Table (Last 30 Days)
| Date | All-Time High | All-Time Low | Market Capitalization |
| 03 March 2022 | $0.1990 | $0.1837 | $1.12B |
| 02 March 2022 | $0.2093 | $0.1912 | $1.17B |
| 01 March 2022 | $0.1974 | $0.1847 | $1.14B |
| 28 February 2022 | $0.1955 | $0.1643 | $1.09B |
| 27 February 2022 | $0.1783 | $0.1634 | $1.03B |
| 26 February 2022 | $0.1806 | $0.1728 | $1.04B |
| 25 February 2022 | $0.1759 | $0.1610 | $1.01B |
| 24 February 2022 | $0.1710 | $0.1444 | $945.53M |
| 23 February 2022 | $0.1876 | $0.1692 | $898.97M |
| 22 February 2022 | $0.1794 | $0.1615 | $1.03B |
| 21 February 2022 | $0.1972 | $0.1673 | $1.08B |
| 20 February 2022 | $0.1980 | $0.1825 | $1.12B |
| 19 February 2022 | $0.2011 | $0.1902 | $1.18B |
| 18 February 2022 | $0.2085 | $0.1935 | $1.18B |
| 17 February 2022 | $0.2324 | $0.1992 | $1.25B |
| 16 February 2022 | $0.2238 | $0.2108 | $1.2B |
| 15 February 2022 | $0.2226 | $0.2042 | $1.30B |
| 14 February 2022 | $0.2065 | $0.1953 | $1.22B |
| 13 February 2022 | $0.2091 | $0.1979 | $1.19B |
| 12 February 2022 | $0.2151 | $0.1971 | $1.23B |
| 11 February 2022 | $0.2339 | $0.2005 | $1.38B |
| 10 February 2022 | $0.2470 | $0.2211 | $1.39B |
| 09 February 2022 | $0.2440 | $0.2170 | $1.38B |
| 08 February 2022 | $0.2383 | $0.2116 | $1.29B |
| 07 February 2022 | $0.2369 | $0.2226 | $1.40B |
| 06 February 2022 | $0.2322 | $0.2087 | $1.30B |
| 05 February 2022 | $0.2147 | $0.2004 | $1.26B |
| 04 February 2022 | $0.2200 | $0.1821 | $1.18B |
| 03 February 2022 | $0.1843 | $0.1757 | $1.07B |
| 02 February 2022 | $0.1962 | $0.1783 | $1.07B |
| 01 February 2022 | $0.1920 | $0.1853 | $1.13B |
Chiliz Price Prediction: CHZ Price Trend Comparison with MANA & SAND (Last 30 Days)
CHZ, MANA & SAND are among the popular NFTs in the crypto space. CHZ price initiated a bull run much before the other two. But when MANA & SAND ignited a monstrous rally in mid-Q4 2022, CHZ price maintained a silent trend. However, ever since all the assets smashed the 2022 lows, have rebounded firmly and maintained a similar trend.
Source: Tradingview
CHZ price displayed huge volatility compared to MANA & SAND during the last few days of 2021 and the beginning of 2022. However, after all the three assets plunged to form the yearly lows, MANA price flipped strongly outpouring SAND & CHZ. Yet they do not remain pretty much distinct but are currently unable to match up the rally. At the press time, the CHZ price is 30% away while the SAND price is 48.12% beneath the average price. But MANA’s price is 22.45% below the average level.
Correlation of CHZ/USDT and CHZ/BTC (Last 30 Days)
Source: Tradingview
The BTC & the USDT trading pairs are following a similar trend since the beginning of the year. While the USDT market had witnessed a significant drop, the BTC showcased some strength. Despite experiencing a couple of pullbacks, the BTC pair sustained the trembled situation quickly and rebounded strongly. Yet remains nearly 30% beneath the average levels. On the other hand, USDT pair also had plunged more tha 41% below that could be raised in the upcoming days.
Chiliz ProtocolPrice Prediction 2022: Latest CHZ coin News in February-March 2022
Chiliz Calls Upon the Community to Name its New Web3 Venture
Chiliz recently announced its plans to expand in the Web3 space with its new venture temporarily called Chiliz Chain 2.0. It would be a game-changing blockchain for sports & entertainment.
Source: Twitter
Chiliz Partnered with Ankr to Boost the Chiliz Chain 2.0 Development
Chiliz recently announced its partnership with Ankr, a Web3 infrastructure to lead the development of Chiliz Chain 2.0.
Source: Medium Blog
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Disclaimer: The above views, information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational/ educational purposes only. The content, information, or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, digital assets/ cryptocurrencies or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as legal, financial, investment, or tax advice by the reader. The calculations, data, risk-return formulations, performance, or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors, or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.
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