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

Friday, August 26, 2022 04:02 PM | InvestorsObserver Analysts

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.

InvestorsObserver is giving Chiliz a 49 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 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.