- CHZ soars 8.75%, eyeing 25% growth amid a bullish pattern breakout.
- KLAY drops 10% post-merger buzz, testing investor sentiment.
- BEAM’s privacy focus shines despite a 0.43% dip in a turbulent market.
Recently, the price of Chiliz (CHZ) soared, reaching $0.1099, following a bullish reversal from the $0.7 mark. At press time, CHZ was trading at $0.1046, an 8.75% surge from the intra-day low of $0.08621, according to CoinMarketCap.
CHZ/USD 24-hour price chart (source: CoinStats)
Following this surge, CHZ market capitalization and 24-hour trading volume surged by 8.66% and 175% to $927,511,782 and $354,472,094, respectively. This upswing has propelled the price above the neckline resistance of an inverted head and shoulders pattern, a classic indicator of a potential trend reversal. Consequently, investors are eyeing the $0.134 mark as the next target, representing a 25% increase from the current levels.
Klaytn (KLAY)
In parallel, the Klaytn (KLAY) token, native to a South Korean Ethereum rival, leapt over 30% to $0.262, following the announcement of a proposed merger with Finschia. This stra…
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