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Chiliz (CHZ) Falls 0.07%, Underperforms the Crypto Market Friday

Friday, August 26, 2022 04:02 PM | InvestorsObserver Analysts
Chiliz (CHZ) Falls 0.07%, Underperforms the Crypto Market Friday

Chiliz (CHZ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Sports and Fan Tokens has lost 6.85% to $0.2126374345.

volatility - 49
InvestorsObserver is giving Chiliz a 49 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 49, placing it in the bottom 49% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. CHZ's moderate volatility reading pairs 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 favorably positioned going forward. With support around $0.198526120813701 and resistance at $0.221214479835841. 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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