CHILIZ (CHZ) PRICE PREDICTION: Will Chiliz Surge Past the $0.6 Mark by 2030?

Chiliz-price-prediction

Introduction to Chiliz (CHZ)

Chiliz (CHZ) is a blockchain-based cryptocurrency designed to provide sports and entertainment fans with a new way to engage with their favorite teams, leagues, and events. Launched by the Socios platform in 2018, Chiliz enables users to purchase branded fan tokens, participate in governance decisions, and unlock exclusive rewards through voting and interaction. 

Additionally, this ERC-20 token is built on the Ethereum blockchain and has grown in popularity due to its integration with major sports teams and clubs across various leagues, such as football, basketball, and esports.

Use Cases and Fan Tokens

Notably, one of Chiliz’s primary uses is enabling the purchase of fan tokens, which are specific to individual sports teams. Through Socios, users can buy these tokens using CHZ, which gives them access to decision-making processes for their favorite teams. 

For instance, fans can vote on team-related issues like jersey designs, matchday events, or even key tactical decisions. The tokens also grant fans access to exclusive experiences such as VIP meet-and-greets, merchandise, and behind-the-scenes content. 

Major football clubs like FC Barcelona, Juventus, Paris Saint-Germain, and AC Milan have partnered with Socios to issue fan tokens, significantly expanding Chiliz’s reach and real-world application.

Future Potential and Growth

Notably, Chiliz has positioned itself as a pioneering force in the intersection of sports, blockchain, and fan engagement. As more teams across different sports and regions adopt fan tokens, Chiliz could see widespread use beyond football. 

Moreover, with potential applications in music, entertainment, and even political campaigns, the CHZ token could diversify its use cases. As blockchain technology continues to evolve and the fan-token economy grows, Chiliz’s utility and value could increase, making it a notable player in the crypto world.

Chiliz (CHZ) Price Technical Analysis 

In the past month, Chiliz (CHZ) has shown a bearish trend, declining by 7.17%, with a high of around $0.063 and a current price of $0.05179. After peaking mid-August, it faced consistent downward pressure, dropping below $0.055, indicating resistance, with $0.05 acting as support.

Chiliz (CHZ) 1 month price chart (source: coinmarketcap)

Additionally, in the past week, Chiliz (CHZ) has gained 3.81%, recovering from a low of $0.04989 to a current price of $0.0518. The price experienced a dip mid-week but steadily rebounded, testing resistance around $0.053. Current support is near $0.050, with bullish momentum building.

However, in the past day, Chiliz (CHZ) has dropped 2.65%, declining from a high of $0.05325 to $0.05185. The price showed brief bullish momentum but faced resistance at $0.053, followed by a steady decline. The support level around $0.0515 is being tested, with downward pressure continuing.

Chiliz (CHZ) 24 hr Price Chart (source: TradingView)

Chiliz is currently trading between the lower Bollinger Band at 0.05184 and the upper band at 0.05389 on Bitstamp crypto exchange platform. The price is closer to the middle band (0.05286), indicating mild volatility. If the price rises above the upper band, it may signal a potential bullish breakout, while a dip below the lower band could suggest further downside movement.

The MACD for Chiliz also shows a slightly bearish trend. The signal line (-0.00021) is above the MACD line (-0.00018), indicating weak selling pressure. Although the current trend is bearish, if the lines cross upwards, it could signal a shift toward bullish momentum, pointing to a possible trend reversal.

Therefore, both the Bollinger Bands and MACD indicate limited market volatility with a slight downward bias. The Bollinger Bands reflect price stability within a narrow range, while the MACD suggests weak bearish momentum. A price reversal may be imminent if the MACD lines cross, contrasting with the stable range of the Bollinger Bands.

Chiliz (CHZ) Price Prediction

Chiliz Price Prediction 2024-2030

YearPotential low ($)Average Price ($)Potential high ($)
20240.5100.05670.0641
20250,08510.08520,1003
20260.11710.12060.1445
20270.1761 0.18210.1987
20280.25810.26720.3043
20290.36640.37710.4478
20300.54520.56410.6452

Chiliz Price Prediction 2024

According to our deep technical analysis on past price data of CHZ, In 2024 the price of Chiliz is forecasted to be at around a minimum value of $0.0510. The Chiliz price value can reach a maximum of $0.0641 with the average trading value of $0.0567 in USD.

Chiliz Price Prediction 2025

According to our deep technical analysis on past price data of CHZ, In 2025 the price of Chiliz is predicted to reach at a minimum level of $0.0831. The CHZ price can reach a maximum level of $0.1003 with the average trading price of $0.0854.

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CHZ Price Forecast for 2026

Chiliz price is forecast to reach a lowest possible level of $0.1171 in 2026. As per our findings, the CHZ price could reach a maximum possible level of $0.1445 with the average forecast price of $0.1206.

Chiliz (CHZ) Price Prediction 2027

As per the forecast and technical analysis, In 2027 the price of Chiliz is expected to reach a minimum price value of $0.1761. The CHZ price can reach a maximum price value of $0.1987 with the average value of $0.1821.

Chiliz Price Prediction 2028

Chiliz price is forecast to reach a lowest possible level of $0.2581 in 2028. As per our findings, the CHZ price could reach a maximum possible level of $0.3043 with the average forecast price of $0.2672.

Chiliz Price Prediction 2029

The price of 1 Chiliz is expected to reach a minimum level of $0.3664 in 2029. The CHZ price can reach a maximum level of $0.4478 with the average price of $0.3771 throughout 2029.

Chiliz (CHZ) Price Prediction 2030

The price of Chiliz is predicted to reach a minimum level of $0.5452 in 2030. The Chiliz price can reach a maximum level of $0.6452 with the average price of $0.5641 throughout 2030.

FAQs

Is Chiliz (CHZ) a good investment?

Chiliz’s value is expected to continue to expand, as shortage tends to encourage price rise. Please note, there is some risk to any investment. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.

How high can Chiliz go?

The average price of Chiliz (CHZ) might go to $0.0594 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $0.2672 mark.

How much will Chiliz be worth in 2030?

In terms of price, Chiliz has an outstanding potential to reach new heights. It is forecast that CHZ will increase in value. According to specific experts and business analysts, Chiliz can hit the highest price of $0.6452 till 2030.

How much will Chiliz be worth in 5 years?

In five years, Chiliz will have a minimum price of $0.3043 and a maximum price of $0.2581 per CHZ. Since Chiliz is traded on a supply-and-demand basis, its value fluctuates drastically.

What will be the CHZ highest forecast price for 2024?

The CHZ price is expected to reach a maximum level of $0.0638 at the end of 2024.

What is the future of Chiliz?

The future of Chiliz is highly dependent on the overall performance of the  crypto industry. When it comes to investing in CHZ, you need to make sure that you are using the right strategy. This type of investment is not suited for those with an asymmetric risk profile. However, it is still an excellent investment for those who have a high tolerance for risk and a solid financial position. In addition to its speculative nature, CHZ also offers exposure to global technology and an ever-growing ecosystem.

What is the Chiliz price today?

Today Chiliz (CHZ) is trading at $0.0518 with the marketcap of $485,080,647.

Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether expressed or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers perform their own in-depth research before investing in cryptocurrency.

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