Chiliz Price Analysis for October 12: CHZ Price Predictions[embed]https://www.youtube.com/watch?v=aRqIS0-KojQ[/embed][embed]https://www.youtube.com/watch?v=WmdXjjAPp4s[/embed]

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</div></div></div><p>The prediction for Chiliz price indicates that CHZ may experience a bullish trend if it remains above the upper boundary of the channel and reaches the resistance level of $0.080.</p>
<h2>Chiliz Prediction Statistics:</h2>
<ul>
<li>Current Chiliz price – $0.072</li>
<li>Chiliz market capitalization – $652.5 million</li>
<li>Chiliz circulating supply – 9.12 billion</li>
<li>Chiliz total supply – 9.12 billion</li>
<li>Chiliz ranking on Coinmarketcap – #104</li>
</ul>
<p>It's advisable to get involved in crypto projects early, and the Chiliz (CHZ) token we're discussing has had an impressive performance. Since reaching its all-time low of $0.004001 on September 27, 2019, this token has skyrocketed by an astounding 1690.69%. Although it is still a long way from its all-time high of $0.8915 achieved on March 13, 2021, it continues to show growth potential. In the past 24 hours, its price has ranged from a low of $0.06824 to a high of $0.07189. Despite being down by 91.96% from its peak, the historical data suggests that entering early can yield significant profits.</p>
<h2>CHZ/USD Market Insights</h2>
<p>Key Levels:</p>
<p>Resistance Levels: $0.090, $0.095, $0.100</p>
<p>Support Levels: $0.050, $0.045, $0.040</p>
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<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/CHZUSD_09102024.png" alt="Chiliz Price Prediction for Today, October 12 – CHZ Technical Analysis" width="1413" height="715" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/CHZUSD_09102024.png 1413w, https://insidebitcoins.com/wp-content/uploads/2024/10/CHZUSD_09102024-300x152.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/CHZUSD_09102024-1024x518.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/CHZUSD_09102024-768x389.png 768w" sizes="(max-width: 1413px) 100vw, 1413px"/>
</picture>
<figcaption id="caption-attachment-586784" class="wp-caption-text">CHZUSD – Daily Chart</figcaption></figure>
<p><a href="https://coinmarketcap.com/currencies/chiliz/">Recently, CHZ/USD has witnessed increased volatility after its listing on Upbit in late September. This has occurred in a notably bullish market, with a major price surge happening earlier today</a>. This spike is linked to favorable news from Binance, attracting many traders. Analyzing both technical and fundamental aspects, this examination investigates whether CHZ can maintain its upward momentum and possibly breach key resistance points.</p>
<h2>Chiliz Price Forecast: CHZ Might Move Upward</h2>
<p>Technically, CHZ is currently trading within a defined price range, with the critical resistance level identified at $0.072. This price point has historically served as both a psychological and technical barrier, particularly noted on September 27 when CHZ first approached it. The resistance here is bolstered by robust trading volume, marking it as a key level to monitor. Should CHZ break this resistance, it may gain additional upward traction.</p>
<noscript></noscript>
<p>However, if the market price dips towards the lower boundary of the channel, the Chiliz price might retreat to the support at $0.060. If this occurs, further bearish movement could bring the price down to long-term support levels at $0.077, $0.072, and $0.067. On the other hand, if the price respects the upward trend, traders could anticipate a bullish continuation above the channel's upper edge. The 9-day MA remains above the 21-day MA, indicating potential resistance at $0.090, $0.095, and $0.100.</p>
<h2>CHZ/BTC on an Upward Trend</h2>
<p>Against Bitcoin, buyers are asserting control as the Chiliz price demonstrates encouraging signals that may guide it to higher highs beyond the channel's upper boundary. The nearest resistance from the upside is at 130 SAT, with additional levels at 140 SAT and above.</p>
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<img decoding="async" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201413%20715'%3E%3C/svg%3E" alt="Chiliz Price Prediction for Today, October 12 – CHZ Technical Analysis" width="1413" height="715" data-lazy-srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024.png 1413w, https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024-300x152.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024-1024x518.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024-768x389.png 768w" data-lazy-sizes="(max-width: 1413px) 100vw, 1413px" data-lazy-src="https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024.png"/>
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<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024.png" alt="Chiliz Price Prediction for Today, October 12 – CHZ Technical Analysis" width="1413" height="715" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024.png 1413w, https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024-300x152.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024-1024x518.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/CHZBTC_09102024-768x389.png 768w" sizes="(max-width: 1413px) 100vw, 1413px"/>
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</noscript><figcaption id="caption-attachment-586783" class="wp-caption-text">CHZBTC – Daily Chart</figcaption></figure>
<p>Conversely, on the downside, the nearest support level is found at 100 SAT. If the price falls further, support may drop to around 080 SAT and lower. The 9-day moving average continues to stay above the 21-day moving average, suggesting that bullish patterns persist.</p>
<p>In a recent analysis shared with his 20k+ followers on X (formerly Twitter), @cryptclay pointed out that $CHZ has rebounded from a significant confluence zone and the bottom of a descending accumulation pattern. He expressed confidence in the coin's outlook, noting that a -95.5% correction appears to have been completed, a usual occurrence in a bear market.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="12.067605633803">
<p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/CHZ?src=hash&amp;ref_src=twsrc%5Etfw">#CHZ</a>/USDT<a href="https://twitter.com/search?q=%24CHZ&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$CHZ</a> has bounced back from the key confluence zone + bottom of Descending Accumulation </p>
<p>This coin is looking fantastic!</p>
<p>The -95.5% correction appears complete (common for many coins during bear markets)<br/>Reached the bottom</p>
<p>I am entering at this point</p>
<p>mid-term goal – $0.1880<br/>long-term… <a href="https://t.co/CuW8230J7b">pic.twitter.com/CuW8230J7b</a></p>
<p>— Alex Clay (@cryptclay) <a href="https://twitter.com/cryptclay/status/1844009492452725109?ref_src=twsrc%5Etfw">October 9, 2024</a></p></blockquote>

<h2>Chiliz Alternatives to Consider</h2>
<p>While the Binance collaboration is a promising advancement for Chiliz, the technical outlook remains somewhat unclear. A definitive breakout above the $0.078 resistance level is necessary for a stronger bullish trend to gain traction. Until that happens, some consolidation is expected, and traders should stay alert for any additional news or technical indicators that could influence CHZ's pricing in the upcoming weeks. On another note, the Pepe Unchained project has garnered considerable interest within the meme coin genre. Currently, the token's presale is amassing over $19 million, presenting investors with a substantial growth opportunity contrasting with CHZ's more well-established position. Engaging in $PEPU could allow for greater potential returns due to its initial growth phase.</p>
<p><strong>HOW TO PROFIT FROM PEPU</strong></p>
<noscript></noscript>
<p>By investing in $PEPU now, <a href="https://www.youtube.com/watch?v=WmdXjjAPp4s">you can leverage its promising momentum and enhance potential returns as the project evolves</a>. Take advantage of this exciting opportunity to invest early and observe your investment flourish.</p>
<p>Check out Pepe Unchained</p>
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