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CHZ has been the best performer amongst the top 50 cryptocurrencies by market cap over the last 24 hours.

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The broader cryptocurrency market has dipped by less than 1% today, following an excellent start to the week.

CHZ, the native token of the Chiliz ecosystem, is up by more than 13% in the last 24 hours, making it the best performer amongst the top 50 cryptocurrencies by market cap.

CHZ’s rally comes as the FIFA World Cup 2022 draws closers. Chiliz is a fan token and has gained popularity in the football world over the last few years. With the 2022 World Cup around the corner, CHZ’s adoption rate could surge. 

The positive performance comes as the broader crypto market is struggling. The total crypto market cap stands at around $839 billion, down by roughly 1% in the last 24 hours.

Bitcoin is still trading above $16k despite losing less than 1% of its value today. Ether is down by more than 2% and is now trading above $1,200 per coin.

Key levels to watch

The CHZ/USD 4-hour chart has turned bearish as Chiliz has been performing well over the past 24 hours. The technical indicators show that CHZ is outperforming the broader crypto market. 

 

The MACD line has crossed into the positive zone after rallying by more than 13% today, indicating that the bulls have taken over the CHZ market. 

The 14-day relative strength index of 60 shows that CHZ could be heading into the overbought region over the coming hours or days. 

At press time, CHZ is trading at $0,2322. If the rally continues, CHZ could surge past the first resistance level at $0.2717 before the end of the day.

However, CHZ would need the support of the broader cryptocurrency market to enable it to surpass the second major resistance level at $0.2960 in the near term. 

Where to buy Chiliz now

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

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Capital.com

Capital.com is a global broker which offers over 200 cryptocurrencies for its users. It comes with a range of features such as; great security, 24/7 support, demo accounts and a wide variety of assets. On top of that, it also has no inactivity, withdrawal or deposit fees, which makes it stand out from other crypto brands.

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The post CHZ soars by 13% today as the FIFA World Cup 2022 draws closer appeared first on CoinJournal.

APT is up by more than 7% today and could rally toward the $5 resistance level in the near term.

APT, the native coin of the Aptos blockchain, is up by more than 7% in the last 24 hours. The rally comes despite the broader crypto market underperforming once again. 

There is no catalyst behind Aptos’s ongoing positive performance. Aptos is up by 9% in the last seven days despite the bearish trend in the broader cryptocurrency market.

Its positive performance comes as the broader crypto market is underperforming. The total crypto market cap has dropped below $830 billion and now stands at $824 billion, down by 1.7% today.

Bitcoin is down by more than 1% in the last 24 hours and is currently trading at around $16,500 per coin. Ether, the second-largest cryptocurrency by market cap, has lost 3% of its value today and risks dropping below $1,100 before the end of the day.

Key levels to watch

The APT/USD 4-hour chart is positive, as Aptos has been performing well over the last few days. The technical indicators show that APT is outperforming the broader crypto market.

 

 

The MACD line has crossed into the positive zone, indicating that the bullish momentum is returning. The 14-day RSI of 56 shows that APT is no longer in the oversold region.

At press time, APT is trading at $4.65 per coin. If the bullish trend continues, APT could surge past the first major resistance level at $5.03 before the end of the day. 

However, it would need the support of the broader crypto market if it intends to surpass the second major resistance level at $5.53. 

The bears are still controlling the broader market, and that could see APT drop toward the $3.93 support level in the near term.

Where to buy Aptos now

The post Will APTOS hit the $5 resistance level soon after its 8% rally today? appeared first on CoinJournal.