Introducing the Chiliz Chain 2.0 Developer Guide & GitHub repo ???????
All the information you need to start building a local node is now available ?#ChilizScoville
— Chiliz ($CHZ) – Powering Socios.com ? (@Chiliz) October 24, 2022
The team also introduced the Chiliz Chain 2.0 Developer Guide & GitHub repo, containing all the information developers would need to start building a local node.
Last week, Chiliz and Socios.com CEO Alexandre Dreyfus, revealed in an interview that the company grew its staff by 70% despite the bear market.
CHZ’s positive comes as the broader cryptocurrency market starts to retrace. After performing positively yesterday, the crypto market has lost less than 1% of its value so far today. The total crypto market cap now stands at $929 billion.
is also down by less than 1% in the last 24 hours but has maintained its position above the $19k mark. Ether, the second-largest cryptocurrency by market cap, is up by less than 1% so far today and continues to trade above $1,300.
Key levels to watch
The CHZ/USD 4-hour chart is bullish, as Chiliz has been performing well over the last 24 hours. The technical indicators show that CHZ is outperforming the broader crypto market today.
CHZ/USD Chart By TradingView
The MACD line is above the neutral zone, indicating that the bulls are currently in control of the Chiliz market. The 14-day RSI of 63 indicates that CHZ is heading into the overbought region.
At press time, CHZ is trading at $0.19316 per coin. If the bullish momentum continues, CHZ could surge past the first major resistance level at $0.21637.
However, it would need the support of the broader crypto market to reach the $0.2582 resistance level for the first time in a month.
With the broader crypto market currently underperforming, CHZ could also retrace and trade around the $0.16955 support level in the near term.
Where to buy Chiliz now
OKX
Buy CHZ with OKX today
Buy CHZ with BINANCE today
