Chiliz (CHZ) is the world’s first blockchain-based fan interaction and rewards network, Socios.com, and is the premier digital currency for sports and entertainment.
Fans can buy and sell branded Fan Tokens, as well as participate in, influence, and vote in club-related surveys and polls. The goal of the company is to close the gap between active and passive fans. It delivers a Fan Token to millions of sports fans, which works as a tokenized share of influence. Sports and entertainment organizations can use Socios.com’s branded Fan Token and fan engagement platform to better engage and monetize their worldwide fans. FC Barcelona, Juventus, AC Milan, OG, Paris Saint-Germain, Manchester City, and the professional Fighters League are among the 25 prominent sports/esports organizations that have launched Fan Tokens on the site. Let us review the CHZ price
CHZ Price Prediction
Bullish Scenario: If CHZ manages to break above the resistance level at $0.25 then it would be bullish. If it gains some momentum and buying pressure builds up then we might test the next resistance level at $0.32 and $0.38. Breaking above $0.38 price level with significant buying volume will lead to a good chance of crossing above $0.59.
Bearish Scenario: CHZ has been in a downtrend channel since the last few weeks. However, if the $0.18 support level is not maintained, the price will fall to $0.12, $0.07 and even lower sooner or later.
Join us on Telegram to receive free trading signals.
For more information on cryptocurrency, visit the Altcoin Buzz YouTube channel.
Images courtesy of TradingView.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate. However there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
