{"id":609961,"date":"2024-05-27T07:29:56","date_gmt":"2024-05-27T07:29:56","guid":{"rendered":"https:\/\/wncen.com\/?p=609961"},"modified":"2024-07-11T07:50:35","modified_gmt":"2024-07-11T07:50:35","slug":"red-hot-chiliz-analyst-predicts-4x-your-money-with-upcoming-breakout","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/red-hot-chiliz-analyst-predicts-4x-your-money-with-upcoming-breakout\/","title":{"rendered":"Red Hot Chiliz: Analyst Predicts 4x Your Money With Upcoming Breakout"},"content":{"rendered":"

The cryptocurrency driving fan engagement tokens for sports and entertainment, Chiliz (CHZ), is generating buzz with a possible breakthrough expected by famous analyst Javon Marks. Forecasts a startling 351% increase for CHZ, which drives its price skyward to a projected $0.63.<\/p>\n

Related Reading: Avalanche Weathers The Storm \u2013 Can AVAX Hit $40 Again?<\/a><\/div>\n

This optimistic forecast falls amid a recent CHZ<\/a> upsurge characterised by a clear breach above a critical resistance level. Marks sees this technical indication as evidence of a continuous rise, maybe preparing the ground for a major price run.<\/span>
\n<\/span><\/p>\n

\n

$CHZ<\/a> (Chiliz) price has returned here with major strength and continues to hold free and broken out of a key resisting trend which can imply a much larger run to be developing!<\/p>\n

With this breakout holding, a near +351% run from here to $0.63755 could be a matter of time and still\u2026 https:\/\/t.co\/w25MaWhxm5<\/a> pic.twitter.com\/zSE2kPnfd0<\/a><\/p>\n

\u2014 JAVON\u26a1\ufe0fMARKS (@JavonTM1) May 25, 2024<\/a><\/p><\/blockquote>\n

Fan Power On The Blockchain: A Unique Selling Proposition<\/strong><\/h2>\n

The original merit of CHZ is its creative technique of involving fans. CHZ enables fans to create closer relationships with their preferred teams and personalities by using blockchain technology via fan tokens.<\/span>
\n<\/span><\/p>\n

These tokens give supporters exclusive voting rights on some club decisions, access to original material and goods, and an opportunity to engage in the always changing digital collectable scene.<\/p>\n

\"\"
CHZUSD trading at $0.13 on the 24-hour chart: TradingView.com<\/a><\/figcaption><\/figure>\n

Sportsmen all around have connected with this strategy, which has driven CHZ to top of the crypto scene.<\/span> The possibility for higher fan involvement through CHZ tokens has drawn a devoted following, therefore strengthening the token’s value.
\n<\/span><\/p>\n

Marks’ positive view has set off a flood of CHZ investor confidence. The possibility of a 351% increase has enthralled experienced crypto enthusiasts as well as those looking for a profitable starting point into the market.<\/span>
\n<\/span><\/p>\n

\"\"
Marks explains how Chiliz has rebounded with great velocity.<\/a><\/figcaption><\/figure>\n

Maintaining The Momentum<\/strong><\/h2>\n

Marks stresses, meantime, the need of keeping CHZ’s current breakthrough level intact. Maintaining the positive trend and optimising possible returns depend on keeping above this resistance level, he thinks.<\/span>
\n<\/span><\/p>\n

Related Reading: Shiba Inu On The Verge Of 600% Rally? Analyst Weighs In<\/a><\/div>\n

Chiliz: 35% Yearly Climb Signals Strong Growth Outlook<\/strong><\/h3>\n
\n
\n
\n
\n

The 35% growth<\/a> in the price of the asset over the past year shows great performance and increasing momentum. Its present trading posture above the 200-day simple moving average, a crucial technical indication indicating ongoing bullish attitude and possible for continuous development, supports this good trend even more.<\/span>
\n<\/span><\/p>\n

Furthermore, the asset’s great liquidity\u2014shown by its large market capitalization\u2014 guarantees that it may be traded effectively free from major price fluctuation. This mix of strong liquidity, good technical indications, and recent price increase places the asset as a maybe appealing investment source.<\/p>\n

Featured image from National Agricultural Advisory Services, chart from TradingView<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency driving fan engagement tokens for sports and entertainment, Chiliz (CHZ), is generating buzz with a possible breakthrough expected by famous analyst Javon Marks. Forecasts a startling 351% increase for CHZ, which drives its price skyward to a projected $0.63. Related Reading: Avalanche Weathers The Storm \u2013 Can AVAX Hit $40 Again? This optimistic forecast falls amid a recent CHZ upsurge characterised by a clear breach above a critical resistance level. Marks sees this technical indication as evidence of a continuous rise, maybe preparing the ground for a major price run. $CHZ (Chiliz) price has returned here with major strength and continues to hold free and broken out of a key resisting trend which can imply a much larger run to be developing! With this breakout holding, a near +351% run from here to $0.63755 could be a matter of time and still\u2026 https:\/\/t.co\/w25MaWhxm5 pic.twitter.com\/zSE2kPnfd0 \u2014 JAVON\u26a1\ufe0fMARKS (@JavonTM1) May 25, 2024 Fan Power On The Blockchain: A Unique Selling Proposition The original merit of CHZ is its creative technique of involving fans. CHZ enables fans to create closer relationships with their preferred teams and personalities by using blockchain technology via fan tokens. These tokens give supporters exclusive voting rights on some club decisions, access to original material and goods, and an opportunity to engage in the always changing digital collectable scene. Sportsmen all around have connected with this strategy, which has driven CHZ to top of the crypto scene. The possibility for higher fan involvement through CHZ tokens has drawn a devoted following, therefore strengthening the token’s value. Marks’ positive view has set off a flood of CHZ investor confidence. The possibility of a 351% increase has enthralled experienced crypto enthusiasts as well as those looking for a profitable starting point into the market. Maintaining The Momentum Marks stresses, meantime, the need of keeping CHZ’s current breakthrough level intact. Maintaining the positive trend and optimising possible returns depend on keeping above this resistance level, he thinks. Related Reading: Shiba Inu On The Verge Of 600% Rally? Analyst Weighs In Chiliz: 35% Yearly Climb Signals Strong Growth Outlook The 35% growth in the price of the asset over the past year shows great performance and increasing momentum. Its present trading posture above the 200-day simple moving average, a crucial technical indication indicating ongoing bullish attitude and possible for continuous development, supports this good trend even more. Furthermore, the asset’s great liquidity\u2014shown by its large market capitalization\u2014 guarantees that it may be traded effectively free from major price fluctuation. This mix of strong liquidity, good technical indications, and recent price increase places the asset as a maybe appealing investment source. Featured image from National Agricultural Advisory Services, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":609967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,16198,86385,6664,88164],"class_list":["post-609961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-chiliz","tag-chz","tag-crypto","tag-memecoins"],"acf":[],"yoast_head":"\nChiliz: Analyst Predicts 4x Your Money With Upcoming Breakout<\/title>\n<meta name=\"description\" content=\"The cryptocurrency driving fan engagement tokens for sports and entertainment, Chiliz (CHZ), is generating buzz with a possible breakthrough expected by\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Red Hot Chiliz: Analyst Predicts 4x Your Money With Upcoming Breakout","url":"http:\/\/wncen.com\/news\/red-hot-chiliz-analyst-predicts-4x-your-money-with-upcoming-breakout\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/red-hot-chiliz-analyst-predicts-4x-your-money-with-upcoming-breakout\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/A_503e8c.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/A_503e8c.jpg?fit=2532%2C1900"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","chiliz","chz","crypto","memecoins"],"dateCreated":"2024-05-27T07:29:56Z","datePublished":"2024-05-27T07:29:56Z","dateModified":"2024-07-11T07:50:35Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Red Hot Chiliz: Analyst Predicts 4x Your Money With Upcoming Breakout\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/red-hot-chiliz-analyst-predicts-4x-your-money-with-upcoming-breakout\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/red-hot-chiliz-analyst-predicts-4x-your-money-with-upcoming-breakout\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/A_503e8c.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/A_503e8c.jpg?fit=2532%2C1900\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"chiliz\",\"chz\",\"crypto\",\"memecoins\"],\"dateCreated\":\"2024-05-27T07:29:56Z\",\"datePublished\":\"2024-05-27T07:29:56Z\",\"dateModified\":\"2024-07-11T07:50:35Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/A_503e8c.jpg?fit=2532%2C1900","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/609961"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=609961"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/609961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/609967"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=609961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=609961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=609961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}