{"id":12738,"date":"2022-11-16T11:58:06","date_gmt":"2022-11-16T11:58:06","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/11\/16\/chz-soars-by-13-today-as-the-fifa-world-cup-2022-draws-closer\/"},"modified":"2022-11-16T11:58:06","modified_gmt":"2022-11-16T11:58:06","slug":"chz-soars-by-13-today-as-the-fifa-world-cup-2022-draws-closer","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/11\/16\/chz-soars-by-13-today-as-the-fifa-world-cup-2022-draws-closer\/","title":{"rendered":"CHZ soars by 13% today as the FIFA World Cup 2022 draws closer"},"content":{"rendered":"

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CHZ has been the greatest performer amongst the high 50 cryptocurrencies by market cap over the final 24 hours.<\/p>\n

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The broader cryptocurrency market has dipped by lower than 1% today, following a wonderful begin to the week.<\/p>\n

CHZ, the native token of the Chiliz ecosystem, is up by greater than 13% in the final 24 hours, making it the greatest performer amongst the high 50 cryptocurrencies by market cap.<\/p>\n

CHZ\u2019s rally comes as the FIFA World Cup 2022 draws closers. Chiliz is a fan token and has gained recognition in the soccer world over the previous couple of years. With the 2022 World Cup round the nook, CHZ\u2019s adoption price might surge.\u00a0<\/p>\n

The constructive efficiency comes as the broader crypto market is struggling. The complete crypto market cap stands at round $839 billion, down by roughly 1% in the final 24 hours.<\/p>\n

Bitcoin<\/u><\/a> remains to be buying and selling above $16k regardless of dropping lower than 1% of its worth today. Ether<\/u><\/a> is down by greater than 2% and is now buying and selling above $1,200 per coin.<\/p>\n

Key ranges to observe<\/h2>\n

The CHZ\/USD 4-hour chart has turned bearish as Chiliz has been performing nicely over the previous 24 hours. The technical indicators present that CHZ is outperforming the broader crypto market.\u00a0<\/p>\n

The MACD line has crossed into the constructive zone after rallying by greater than 13% today, indicating that the bulls have taken over the CHZ market.\u00a0<\/p>\n

The 14-day relative energy index of 60 reveals that CHZ may very well be heading into the overbought area over the coming hours or days.\u00a0<\/p>\n

At press time, CHZ is buying and selling at $0,2322. If the rally continues, CHZ might surge previous the first resistance stage at $0.2717 earlier than the finish of the day.<\/p>\n

However, CHZ would want the help of the broader cryptocurrency market to allow it to surpass the second main resistance stage at $0.2960 in the close to time period.\u00a0<\/p>\n

Where to purchase Chiliz now<\/h2>\n

\n eToro<\/h3>\n

eToro affords a variety of cryptos, such as Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and replica or get copied by different customers.<\/p>\n

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\n Buy CHZ with eToro today <\/a>
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