CHZ price was expected by many to grow during the World Cup, which is coming to an end, as Chiliz is one of the sponsors.
But the CHZUSDT price was falling all the time.
And now, at the end of the World Cup, CHZ buyers began to restrain the fall by purchases, and for the last few days, the price has been testing the liquidity zone of $0.125-0.140 from above.
Some kind of inversely proportional effect from the sponsorship turned out)
It seems that in the coming weeks, the CHZUSDT price has every chance to make +90% growth. It will be "very funny" if the growth impulse starts immediately after the end of the World Cup)
From the point of view of risk management, we believe that buying CHZ in the range of $0.125-0.140 is quite balanced in order to gain a long position. Medium and long-term growth targets are $0.259 and $0.55, respectively
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more