Chiliz (CHZ), Moderate Volatility and Falling Thursday: Is it Time to Cash Out?

Thursday, August 11, 2022 02:06 PM | InvestorsObserver Analysts

Chiliz (CHZ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Sports and Fan Tokens has lost 1.17% to $0.1511848351.

InvestorsObserver is giving Chiliz a 40 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chiliz!

See Full Report

Moderately Volatile

InvestorsObserver gives Chiliz a moderate volatility rank of 40, placing it in the bottom 40% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. CHZ's moderate volatility reading comes 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 near $0.142677768883011 and resistance at $0.155078679141304. This leaves Chiliz with room to run before facing selling pressures.