CHZ is the best performer amongst the top 100 cryptocurrencies by market cap after adding more than 12% to its value today.

The cryptocurrency market started the week in a negative manner. The total crypto market cap stands at $1 trillion, down by more than 1% in the last 24 hours.

CHZ, the native token of the Chiliz ecosystem, is up by more than 12% in the last 24 hours, making it the best performer amongst the top 100 cryptocurrencies by market cap.

CHZ’s rally follows the announcement by ChilizX (the recently revamped ChilizX exchange) that it has added Fan Token Logos on the ChilizX website. Users will now be able to find all Fan Tokens quicker and have a better user interface.

ChilizX update

We have added Fan Token Logos to ChilizX web Locate all available Fan Tokens faster and enjoy the improved UI

Let us know what you think of the update

$CHZ pic.twitter.com/xpuRaZ6QRw

— ChilizX (@ChilizX) October 28, 2022

Bitcoin, the world’s leading cryptocurrency by market cap, continues to trade above $20k per coin despite losing more than 1% of its value today.

Ether has also maintained its price above the $1,500 psychological level and has lost more than 2% of its value in the last 24 hours.

Key levels to watch

The CHZ/USD 4-hour chart is bullish, as Chiliz has been performing well over the last 24 hours. Chiliz outperforms the wider cryptocurrency market, according to technical indicators.

CHZ/USD Chart By TradingView

The MACD line is higher than the neutral zone, which indicates that Chiliz is in a bullish phase. CHZ has added more than 24% to its value over the last seven days.

The 14-day relative strength index of 68 shows that CHZ could be heading to the overbought region if it can sustain its current momentum.

At press time, CHZ trades at $0. 22243 per coin. CHZ could rise above $0.01 if the bullish trend continues. 2448 before the end of the day.

With the support from the wider cryptocurrency market, CHZ may move beyond the $0.2 major resistance level. 2659 for the first time since September.

Where to buy Chiliz now

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users have the ability to connect with, learn, copy, or get copied from other users.

Buy CHZ with eToro today

Bitstamp

Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

Bitstamp, which is fully regulated, offers users an intuitive interface and high levels of security for digital assets. It also provides excellent customer support.

Buy CHZ with Bitstamp today