Chiliz

Siacoin

Million

The post <a href="https://coinpedia.org/price-analysis/siacoin-and-chiliz-price-prediction-can-top-performers-prolong-the-bull-run/">Siacoin and Chiliz Price Prediction: Can Top Performers Prolong The Bull Run?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
Being the top performers, the Siacoin and Chiliz are reflecting a sudden surprise for holders with an overnight rally. Ranking the charts after a prompt bearish phase, the altcoins are capitalizing on the extra momentum in the market.&nbsp; 
With Siacoin (SC) and Chiliz (CHZ) showcasing the extra fuel to prolong the newfound rally, let’s have a closer look at their charts. Will the SC price resurge to $0.25? Will CHZ continue the uptrend to $1 this year? 
Let’s find out more in the price analysis below.&nbsp; 
<h2 class="wp-block-heading" id="h-will-the-sc-price-resurge-to-0-25-nbsp">Will the SC price resurge to $0.25?&nbsp;</h2> 
With a bullish reversal in the last two weeks, the SC price presents an entry opportunity with the 23.60% Fib level breakout. Rising almost 90% in the last two weeks, the consecutive bullish engulfing candles in the weekly chart reflect strong demand. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/xQFHgiK7naz-I1sGgonXAVq0lgPMGLz3NiP_SPSW7PbHHr0dY0R6UbI9qgD6XpTI-XZsoLiqqJQwyls_Z4FS4jFhq7yWE5T04laO6VhNBcyMmus2ZPfSHVwLAovhFIzD9n2siuFS5NDtAf8Gkwr5Jao" alt="">
</figure> 
Source: <a href="https://www.tradingview.com/x/AK7yJN6r/">TradingView</a> 
With a $928 Million market cap, Siacoin ranks as the 78th biggest cryptocurrency and shows a 450% rise in trading volume. This supports the ongoing bull run and projects a potential trend continuation in the coming weeks.&nbsp; 
Further, the rising trend brings a high likelihood of a 50 and 200-day EMA crossover for a golden crossover. This will signal a bullish trend reversal for Siacoin after years of cold winters. 
With the technical charts and market sentiments screaming a bull run, the SC price could top $0.25 in the coming months.&nbsp; 
<h2 class="wp-block-heading" id="h-is-chiliz-ready-for-a-new-52w-high">Is Chiliz Ready For A New 52W High?</h2> 
Being a top performer with the remarkably lower price rejection candle in the daily chart, the CHZ price seems unstoppable. However, the daily chart reflects a pivotal brawl happening at the overhead resistance trendline.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/AoMbDJTfT1tM0oSK8b3JO1BrlgS2nsfm_UDJ9bZ6TJFmaDJ7irc1RjSjSGefPjY7F775LS7ygeSlLSqe51AP4On4rfP3tlKKrK_lcx0mY2yy2vpupadDADe919OAdl3WuhHlCf7tp8ru4vR6Fh_JjOk" alt="">
</figure> 
Source: <a href="https://www.tradingview.com/x/iTZyoF6j/">TradingView</a> 
With the ongoing bull run coming with a huge rise in trend momentum, the CHZ price reclaims the 61.80% trend-based Fib level at $0.12. Thus, the likelihood of a new high formation to break above the overhead trendline increases significantly.&nbsp; 
With a $1.10B market cap, Chiliz is the 67th biggest crypto and is rising in rank quickly. Further, the spike in trading volume of 58% overnight supports the bullish surge, presenting a breakout opportunity. 
Considering the uptrend surpasses the trendline, the CHZ price can reach the $0.22 mark.

Siacoin and Chiliz Price Prediction: Can Top Performers Prolong The Bull Run?

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