CoinCodex Could not be Right with Chiliz up by 165%
Chiliz (CHZ) has experienced a decline of 3.5% to $0.1009 this week. Prices hit a notable low of $0.0970 on Wednesday but managed to recover overnight. Despite the absence of significant news supporting the altcoin, the network reported a milestone transaction of 10 million on January 17. While this might not be a groundbreaking development, investors welcomed the round figure, leading to a 23.0% surge in prices to $0.1117 the following day. CoinCodex's accurate forecast of $0.1124 by January 21 added to the positive sentiment. The next projected target is $0.2691, expected to be reached by February 16. However, achieving a 165% upside to this target seems unlikely. A more realistic goal would be reaching the nearest resistance at $0.1250 by then, which would be a commendable accomplishment.
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