In this article we look into the 2023 price prediction for Ripple and the 2023 price prediction for Chiliz. Which crypto will be the best investment of 2023? Will Ripple be the best investment of 2023?
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Ripple (XRP) Price Prediction
It has been a very positive day for XRP traders and holders as the price bounces off from the $0.4168 zone which was the lower boundary for the ascending triangle pattern XRP had formed on the daily timeframe.
XRP rose tremendously as the bulls took over the market, driving prices up to reach $0.5098. XRP is currently retesting and is trading at $0.4735 which is just above the 200 daily moving average.
This zone might likely hold as support to start another bullish trend.
The 2023 Ripple prediction? We don’t think it’s will see good gains and you should look elsewhere.
Chilliz (CHZ) Price Prediction
CHZ is up by 1.76% and currently trading at $0.2386. On the 4hour timeframe, CHZ is building up to break out of the 100MA to the upside.
CHZ yesterday, reached the 20MA which was the lower boundary for the bullish trend funnel on the 4hour timeframe and is gathering some buy pressure to break out and push prices a bit up before the weekend effect drives prices down.
CHZ which is a sports fan-associated token is mostly driven by sports news and less of Bitcoin’s price action, hence, its last 7 days’ bullish trend despite BTC’s range.
CHZ is currently at a strong support level and a breakout to the upside will lead to a new high at $0.3001.
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