Chiliz (CHZ) Down 0.06% Tuesday: What's Next?

Tuesday, December 28, 2021 07:44 AM | InvestorsObserver Analysts

Chiliz (CHZ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Sports and Fan Tokens has lost 6.05% to $0.3257541043.

InvestorsObserver is giving Chiliz a 29 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chiliz!

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Moderately Volatile

InvestorsObserver gives Chiliz a moderate volatility rank of 29, placing it in the bottom 29% of cryptos on the market.

The Volatility Gauge takes into account 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 trading near resistance. With support around $0.305117666336144 and resistance at $0.33099815210923. This leaves Chiliz with potential selling pressures ahead as it may be getting over extended.