TON, TWT, CHZ and QNT breakout amid traders' crypto contagion fears
Bitcoin price is stuck in a tight range, but TON, CHZ, QNT and TWT caught a bid in the past week.
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Bitcoin price is stuck in a tight range, but TON, CHZ, QNT and TWT caught a bid in the past week.
This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. Let's take a look at it in more detail.
CHZ faces a significant ceiling at $0.27 Short- and long-term CHZ holders have booked gains Chiliz [CHZ] posted gains as most altcoins slumped after the market crash. The daily chart of CHZ was bullish after a patterned breakout.
Chiliz price is preparing for a showdown ahead of the 2022 World Cup in Qatar. The world's leading blockchain and fintech provider for Sports and Entertainment token has recovered a great deal following the FTX contagion. Since support at $0.145 was respected, CHZ has sustained movement to the upside while holding firmly to an ascending trend line.
Chiliz confirmed that CHZ staking and governance would be coming to Scoville Through the bear market, CHZ's price rallied by 25% in the last week Dubbed the world's leading blockchain fintech provider for sports and entertainment, Chiliz [CHZ] recently announced the fifth phase for the public testnet (Scoville) of its Chiliz Chain 2.0 blockchain.
The ongoing bull cycle within the channel pattern pierced several resistances as it made it to $0.257. Thus, doing so, the Chiliz price has recently breached resistance of $0.25, offering an entry for side-lined buyers.
Chiliz (CHZ) price was pumped 15% by bull in the past 24 hours. But what can we expect with the FIFA World Cup starting on Nov. 20?
The upcoming soccer “holiday” appears to have uplifted the ongoing misery in the crypto market due to FTX collapse. The tokens of several national teams are showing incredibly strong price movement just two days before the FIFA World Cup 2022, which will be contested this winter in Qatar.
CHZ's price shows bullish signs as price breaks out above its range channel showing signs to rally high as FTX fiascos continue. CHZ's price trades above $0.25 with the market's current state, as things look uncertain for most traders and investors.
Cryptocurrency prices saw some rebound, with prices for the most valued cryptocurrency in the world, Bitcoin (CRYPTO: BTC), trading slightly higher on Friday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $1,200 level on Friday.
Chiliz (CHZ) has benefited from the rising demand for fan tokens brought on by supporters making plans for the FIFA World Cup 2022 in Qatar.
Few altcoins are rallying despite the FTX (CRYPTO: FTT) fiasco that sent shockwaves to the overall crypto market. What Happened: The top altcoin performer was Trust Wallet's native token TWT (CRYPTO: TWT) that rallied over 100% in the past seven days as the price reached an all-time high of $2.27.
BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Nov. 11 to Nov. 18 The post TWT, GMX, TON, CHZ, LDO Lead Crypto Market Recovery appeared first on BeInCrypto.
CHZ continues to lead the market in gains as more anticipation builds toward the World Cup. The go-to fan token was seen keeping an intraday profit of 7.37%.
Chiliz is the project behind the Socios platform, hosting numerous fan tokens and enabling fans to participate in their teams' management decisions.
Concerns regarding the FTX's crash have initiated an overall bearish trend for the entire crypto market for a week. Leading assets like Bitcoin and Ethereum have broken their fundamental support level and continue to retrace downward.
The price action displayed by top altcoins in recent times has yet to be encouraging with the market's erratic price movement after a cascading effect suffered by FTX led to many altcoins, including the price of Ethereum (ETH), battling for survival. The Domino effect of the FTX saga and other huge investors has left the market at a standstill as the market has yet to make a major move.
The untimely collapse of FTX and its sister company Alameda has had far-reaching implications on the cryptocurrency market. As investors go back on the drawing board, they may consider assets like Dash 2 Trade (D2T), Trust Wallet (TWT), RobotEra (TARO), Chiliz (CHZ) and Calvaria (RIA). These crypto assets could offer relief from the mess left behind by the FTX debacle.
Popular fan token CHZ has printed substantial gains in the last week as football fans prepare for 2022's world cup event. As of writing, the token is trading at a 2.20% gain on the day.
Chiliz CEO reveals what it will take for the perfect marriage between blockchain and the sports industry. Investors can expect something interesting from CHZ's performance in the coming month.
235 However, this might not be a signal for longer-term buyers to invest in CHZ yet Chiliz announced that FTX users
Over the last few days, Chiliz saw consistent gains as the buyers strived to reclaim a near-term edge. The altcoin's Open Interest unveiled mixed signals at the time of writing.
Even token that will benefit from massive sports popularity has questionable future
Bitcoin is mostly unchanged on November 16 as it continues to consolidate below the 23.6% Fibonacci retracement level of $17,200, which is now acting as resistance. Ethereum, the second-most valuable cryptocurrency, is also trading sideways, with a price range of $1,200 to $1,285.