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

Tuesday, August 16, 2022 02:42 PM | InvestorsObserver Analysts
Chiliz (CHZ), Moderate Volatility and Rising Tuesday: Is it Time to Cash Out?

Chiliz (CHZ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Sports and Fan Tokens has increased 6.67% to $0.2125526493.

volatility - 43
InvestorsObserver is giving Chiliz a 43 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 43, placing it in the bottom 43% 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 trading above resistance. With support at $0.180175587796404 and resistance around $0.210689276718332. This positions Chiliz out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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