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Home/News Feed/Chiliz (CHZ) jumps 17%, nears key breakout point with potential 30% gain ahead

CHZ

Rp299

-Rp2 -0.73%

Chiliz (CHZ) jumps 17%, nears key breakout point with potential 30% gain ahead

Technical Signals

16 Apr 2026

AMBCrypto

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Bullish

Chiliz (CHZ) surged 17.11% to $0.04275 with a 360% spike in trading volume, nearing a critical breakout level at $0.0445. This breakout could trigger a further 30% price rise to around $0.05786, although the $0.0445 level has historically caused reversals. Despite weak trend strength indicated by the ADX, bullish sentiment is strong as long-term holders withdraw tokens from exchanges and traders build leveraged positions. An analyst also predicts a potential 10x rally if CHZ breaks out of its five-year descending trendline resistance.

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