Chiliz (CHZ) Rises 0.94%, Underperforms the Crypto Market Wednesday
Wednesday, January 19, 2022 10:13 AM | InvestorsObserver Analysts
Chiliz (CHZ) has been relatively less volatile compared to the crypto market. So far Wednesday, the Sports and Fan Tokens has advanced 0.94% to $0.2508788783.
InvestorsObserver is giving Chiliz a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chiliz!
InvestorsObserver gives Chiliz a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.
The Volatility Gauge tracks meaning that one day won't make or break its rank.
CHZ's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Chiliz price is in a favorable position going forward. With support around $0.242559542972603 and resistance at $0.25991608770565. This positions 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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