Chiliz Social Mentions Hit Highest Level In Last 90 Days – Can CHZ Price Be As Hot?
2022年10月14日 - 11:07AM
NEWSBTC
Recent weeks have seen a dramatic increase in social mentions of
Chiliz, data compiled by LunarCrush show. Its token’s 90-day
high made it big in the latest social mentions. Market
insights tracker LunarCrush cited this figure (9.46k) as one
indicator to keep an eye on when considering an investment in
Chiliz. The approaching 2022 FIFA World Cup may help explain the
increase in social media buzz. This is due to the fact that the CHZ
token has a practical application in the realm of sports. Will the
increase in social media references lead to an upswing with
less than a month until the start of the much-hyped global
sports spectacle? As of this writing, CHZ is trading at $0.193980,
down 9.5% in the last seven days, data from Coingecko show, Friday.
Related Reading: Cardano Drops To Lowest Level In Last 7 Days – ADA
Bracing For Further Decline? If you are looking for interesting
projects to invest in, watch out for social activity eruptions,
especially before price. E.g Keep a close eye on #chiliz. $chz
social mentions measured daily hit 9.46K, the highest point in the
last 90 days! Insights: https://t.co/S4Hd87jv4R
pic.twitter.com/wLXeapUueD — LunarCrush (@LunarCrush) October 12,
2022 Chiliz Jargon And All The Talk Data provided by CryptoQuant
shows that CHZ’s foreign exchange reserves have decreased by 0.72%
over the last seven days. The fact that investors appear to be
buying CHZ with the intention of keeping it for the long term is a
very optimistic indicator. The high number of persons depositing to
exchanges , which can be observed with the exchange depositing
transactions tool, more than makes up for this. Chart: TradingView
Previous and current price movements exhibit a head-and-shoulders
harmonic pattern, which typically occurs just prior to a trend
reversal. In both intraday and 4-hour periods, the coin is
currently experiencing a significant free fall. Chaikin’s money
flow indicator likewise deteriorates, falling to -0.34 as well. A
sign that bears are dominant in the current time frame. The
bull-bear strength signal is negative, and bears are currently
attacking the market. With the present speed of the wild decline, a
trading day close below the 61.80 Fibonacci level is anticipated.
Can CHZ Still Spice Up The Situation? CHZ is presently in one of
the worst possible situations for a cryptocurrency. With the $0.28
resistance displaying strength and the $0.18 support line having
been breached, a decline towards the key $0.14 level is expected.
However, if the 61.80 Fibonacci level mitigates the present slump,
the $0.18 or $0.21 immediate resistance levels could be tested or
broken. Things don’t seem to look good for the bulls at this
moment. Long-term investors are in trouble as this decline has
broken the ascending triangle pattern. The 20-day to 100-day DEMA
all support this tendency. As the FIFA World Cup approaches, a
trend shift may occur during the next few weeks. Related Reading:
Terra Coin Price Balloons 30% – But Can LUNA Reach Higher Terrain?
CHZ market cap at $1.16 billion on the daily chart | Featured image
from The Coin Republic, Chart: TradingView.com Disclaimer: The
analysis represents the author's personal views and should not be
construed as investment advice.
chiliZ (COIN:CHZUSD)
過去 株価チャート
から 5 2023 まで 6 2023
chiliZ (COIN:CHZUSD)
過去 株価チャート
から 6 2022 まで 6 2023