Chiliz (CHZ) soared to $0.23 on Aug. 18 which pushed the RSI deep into the overbought territory. This may have tempted short-term traders to book profits and that pulled the price back below the breakout level of $0.20. A minor positive is that the bulls are attempting to defend the 20-day EMA of $0.17 and push the price back above $0.20. If they succeed, it will suggest that the sentiment remains positive and traders are buying on dips. That increases the likelihood of a retest of $0.23. If bulls clear this hurdle, the CHZ/USDT pair could pick up momentum and rally to $0.26. Contrary to this assumption, if the price fails to rise above $0.20, it will suggest that bears are selling on rallies. The bears will be back in the driver’s seat if they sink the pair below the 20-day EMA. The pair could then decline to the 50-day SMA of $0.13. The bulls are trying to defend the uptrend line but the recovery is facing strong resistance at the moving averages. The moving averages completed a bearish crossover on the 4-hour chart and the RSI is in the negative territory, indicating a minor advantage to sellers. If the price turns down and breaks below the uptrend line, the selling could intensify and the pair may drop to $0.16 and then to $0.14. Such a move will indicate that the bears remain in control. Instead, if the price breaks above the moving averages, the bulls will try to push the pair to $0.21 and later challenge the resistance at $0.23.
* Crypto Rating accepts no liability for content of the Chiliz reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 89.6% | 4 | $26 246.05 | 0.36% | -3.43% | $511 734 085 488 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 93.2% | 6 | $1 593.83 | 0.66% | -2.38% | $191 632 513 294 |  |
|
| 3 |  USDT |
Tether predictions | 92.4% | 1 | $0.999487 | -0.01% | -0.07% | $83 224 164 781 |  |
|
| 4 |  BNB |
Binance Coin predictions | 94% | 4 | $211.72 | 0.08% | -2.04% | $32 571 718 390 |  |
|
| 5 |  XRP |
XRP predictions | 92% | 8 | $0.503310 | -0.20% | -3.37% | $26 832 642 795 |  |
|
| 6 |  USDC |
USD Coin predictions | 94.8% | 1 | $1.000273 | 0.03% | 0.02% | $25 522 808 716 |  |
|
| 7 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 8 |  WTRX |
Wrapped TRON predictions | 89.2% | 16 | $0.084838 | 0.99% | 0.17% | $8 625 977 192 |  |
|
| 9 |  ADA |
Cardano predictions | 91.2% | 10 | $0.243917 | -0.07% | -4.68% | $8 568 448 261 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 94% | 6 | $0.060472 | 0.42% | -3.43% | $8 537 607 818 |  |
|
| 11 |  SOL |
Solana predictions | 86.8% | 23 | $18.91 | -1.18% | -6.86% | $7 807 388 894 |  |
|
| 12 |  TRX |
TRON predictions | 84.4% | 20 | $0.085113 | 0.64% | 0.41% | $7 583 242 853 |  |
|
| 13 |  TON |
Toncoin predictions | 57.6% | 86 | $2.15 | 0.87% | -11.29% | $7 362 786 595 |  |
|
| 14 |  DAI |
Dai predictions | 94.4% | 1 | $0.999873 | 0.06% | 0% | $5 347 208 180 |  |
|
| 15 |  DOT |
Polkadot predictions | 85.6% | 16 | $4.00 | -0.01% | -3.39% | $4 935 973 005 |  |
