<strong><em>Chiliz is firm, inching higher with decent trading volumes. Immediate resistance is at $0.15. A breakout may lift CHZ towards $0.20.</em></strong>
<h2>Past Performance of Chiliz Crypto</h2>
<a href="https://www.cryptoknowmics.com/news/chiliz-price-prediction-2022-2026-will-the-price-of-chz-hit-0-8-by-the-end-of-2022/" target="_blank" rel="noopener">Chiliz</a> token prices are down over 80 percent from peaks of Q1 2021 of $0.94. Currently, CHZ prices are trickling lower, trading at around 2022 lows. Technically, the CHZ token remains under immense liquidation pressure and is within a bear breakout formation, sliding below H2 2021 and Q1 2022 lows at $0.17.
<h3>Chiliz Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/05/Chiliz-CHZ-Daily-Chart-for-May-18.png"><img class="alignnone size-full wp-image-236430" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/05/Chiliz-CHZ-Daily-Chart-for-May-18.png" alt="Chiliz CHZ Daily Chart for May 18" width="1366" height="768" /></a>

From a top-down analysis, CHZ coin  sellers are in the driving seat. However, there are hints of strength as per the arrangement in the daily chart. The bounce from $0.09 was bullish. Subsequent confirmation this week solidified buying pressure. Still, there should be a clean break above $0.15 and the middle BB, paving the way for a possible retest of $0.20. Presently, the rejection of higher highs and May 18 being a pin bar suggests a slowdown in the upside drive. Losses below the recent intra-day consolidation at $0.11 may trigger further sell-offs towards May 12 lows.
<h3>What to Expect from CHZ?</h3>
Buyers are confident. However, for CHZ buyers to take charge, there must be a comprehensive close above $0.15 and the middle BB. This breakout will nullify the selling preview set in motion by the May 11 bear candlestick.

Chiliz (CHZ) Bounces From 2022 Lows; Will Prices Break Above $0.15?

Chiliz is firm, inching higher with decent trading volumes. Immediate resistance is at $0.15. A breakout may lift CHZ towards $0.20.

Dalmas has been passionate about the blockchain and crypto space ever since he’s heard about it. As someone who’s been closely following the trends in the crypto space, Dalmas is excited about what lies ahead in this niche and is all set to explore it. While he’s been advocating crypto adoption for a number of years, he’s himself a HODLer, which makes his voice authoritative and credible.

Chiliz (CHZ) Bounces From 2022 Lows; Will Prices Break Above $0.15?

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