The Chiliz token embarked on its journey in 2020 with a sluggish start, lingering at consistently low prices throughout the year. However, a transformative shift occurred in 2021, propelling Chiliz into a meteoric ascent that reached an all-time high of $0.78. Over the past 7 days, Chiliz has notched an impressive gain of over 19.25%, following a record of a 27.99% increase in the past month. While recent trends indicate a slight descent, the overall outlook remains positive, suggesting the possibility of attaining new price peaks before the year concludes.
At the time of writing, CHZ was trading at $0.10294.
CHZ was trading in a range from 0.0544 to $0.0648. The asset finally gave a breakout above the range and witnessed a huge rally. The prices surged almost by 72% up to $0.1119. CHZ faced a stiff resistance at the key level of $0.1085 as the asset failed to give a daily closing above that and saw a correction of 23.5% and dropped to $0.08575. CHZ has a strong support at $0.085 whereas to further rally it needs to close and sustain above $0.1085.
Key Levels:
| Support 2 | Support 1 | Asset | Resistance 1 | Resistance 2 |
| $0.0850 | $0.0952 | CHZ | $0.1085 | $0.1317 |
