CHZ/USDT daily chart Chiliz (CHZ) dipped to $0.0544 at the time of writing on Friday.
Bitcoin , Ethereum and XRP prices increased slightly: BTC is steady above $59,500, ETH hovers at $2,500 and XRP is close to $0.57. Transaction volume of decentralized exchanges on TRON hit $1.61 billion in the last seven days, a more than 70% weekly increase. Cardano ecosystem gears up for Chang Hard Fork, scheduled for September 1. Bitcoin , Ethereum , XRP updates Bitcoin hovers around $59,500 on Friday. The cryptocurrency suffered a 7.41% decline this week, down from Monday’s open of $64,219.
The Moving Average Convergence Divergence indicator shows green histogram bars above the neutral line. However, traders need to watch closely for signal line crossover above MACD line, as this would signal a reversal in the underlying momentum. CHZ could correct 7.80% and drop to support at $0.0503. If there is a daily candlestick close above the Fair Value Gap between $0.0559 and $0.0568, it could invalidate the bearish thesis. CHZ could then rally toward resistance at $0.0638.
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