Chiliz (CHZ) Falls 0.01%, Underperforms the Crypto Market Saturday

Saturday, September 10, 2022 07:37 PM | InvestorsObserver Analysts

Chiliz (CHZ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Sports and Fan Tokens has fallen 0.84% to $0.2027173291.

InvestorsObserver is giving Chiliz a 54 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chiliz!

Moderately Volatile

InvestorsObserver gives Chiliz a moderate volatility rank of 54, placing it in the top 46% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. CHZ's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Chiliz price is well positioned going forward. With support around $0.18936200329416 and resistance around $0.209774239746263. This leaves Chiliz with room to run before facing selling pressures.

What is a Token?

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

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