The current market analysis for Chiliz indicates that CHZ price could move upwards if market conditions remain above the upper boundary of the channel, reaching the resistance level of $0.080.

Current CHZ/USD Market

As of the writing, Chiliz is priced at $0.072 with a market cap of $652.5 million. The circulating supply matches the total supply of 9.12 billion. In the last 24 hours, its price fluctuated between $0.06824 and $0.07189. Key resistance levels are located at $0.090, $0.095, and $0.100, while support levels are $0.050, $0.045, and $0.040.

Technical Analysis and Chiliz Forecast

CHZ is currently consolidating within a specific price range, with the most critical resistance level at $0.072. Breaking through this level could boost the token's upward movement. Should the price reach the lower boundary of the channel, it might slide back to a $0.060 support. However, if the movement remains upward, growth to the resistance level of $0.090 and beyond is possible.

Chiliz Alternatives

While conditions for Chiliz have not yet created a clear breakout, investors should consider other projects like Pepe Unchain, which attracts interest in the meme-coin sector and has seen significant presale investments, offering growth potential.

The forecast for CHZ indicates potential upward movement if key resistance levels are surpassed. The crypto market situation requires careful analysis and evaluation of technical signals for optimal trading.