Chiliz Token Earns Neutral Short-Term Rating Based On Recent Volume And Price Movement

1 min read

The Chiliz token (CHZ) received a neutral short-term rating from InvestorsObserver on Thursday, December 9, 2021. Chiliz price is down 7.61% to $0.3024324174 while the broader overall cryptocurrency market is faring better, down by just 5.51%.

Sentiment Score - ,

Neutral Rating

Based on the past five days action, Chiliz has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measured and analyzed the performance of Chiliz over the last five days, looking at the tokens’ volume level and price movement to calculate the neutral rating.

The Sentiment Score provides a quick, short-term outlook on the cryptocurrency’s recent performance. This information can be useful for both short-term investors looking to ride a rally and long-term investors looking to buy the price dip.

Price Levels

Chiliz is currently trading near its midpoint level for the past five-days. The crypto is off 29.42% from its five-day high and is 24.19% higher than its five-day low price of $0.243525192141533.

Chiliz price is currently below its support level. With the support level set around $0.309388271707753 and resistance at $0.339587143797139, Chiliz is potentially in volatile territory as selling pressure pushes the crypto’s price below recent support.

Chiliz has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Chiliz

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