Chiliz [CHZ] price prediction: Will Socios equity tokens drive CHZ to $0.018?

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Chiliz surged 11.7% to a three-week high of $0.0154, holding the $0.013 support before reclaiming $0.014 and breaking above the $0.015 resistance. Trading volume rose 89% to $153 million while open interest climbed 21% to $25.4 million, with traders predominantly bullish at a Long/Short Ratio of 1.1. The partnership with Securitize for regulated tokenized equity offerings aims to bring minority sports team ownership on-chain, expanding Chiliz beyond fan tokens into the sports ownership economy. If demand holds, CHZ could defend $0.015 and target its 100-day EMA near $0.018, but spot netflows at $3.359 million indicate significant profit-taking that could push the price back to $0.013 if sellers persist.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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