Chiliz Bulls Remain Watchful As CHZ Feeling Bearish Impulse

Since a prospective trend reversal appeared on the charts, Chiliz bulls have been hesitating. The Scoville Testnet’s fourth and final phase, Cayenne, was released by the Chiliz team on October 24. A new developer’s guide and associated GitHub repository were also made available. In addition to this, Chiliz has seen other positive changes. The token issued by the Italian Football Federation has just been offered on many cryptocurrency platforms. A few days ago, Chiliz also launched ChilizX, a token exchange specifically for Chiliz fans. The network’s native coin, CHZ, is experiencing strong bearish momentum as of this writing, despite encouraging indicators of growth for the network and the token. 𝐒𝐜𝐨𝐯𝐢𝐥𝐥𝐞 𝐓𝐞𝐬𝐭𝐧𝐞𝐭 𝐏𝐡𝐚𝐬𝐞 𝟒 – CAYENNE is LIVE! 🌶️ 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 ⚡️ $CHZ — Chiliz ($CHZ) – Powering Socios.com ⚡ (@Chiliz) October 24, 2022 However, with the FIFA World Cup just around the corner, the question remains: will suffering befall CHZ? Or, will the cautious bulls finally find some respite? Related Reading: Why Bitcoin (BTC) Could Not Surpass Litecoin (LTC) In This Key Area The Technicals Aren’t Looking So Rosy CoinGecko reports that while CHZ has depreciated over the past 24 hours, it has gained almost 13% over the past...