Chiliz is showing signs of strength, trading above $0.040 as of writing after breaking out of a falling wedge, a technical pattern often associated with bullish reversals. On-chain data projects a mixed outlook with a slight bullish tilt, while strengthening momentum indicators suggest the altcoin could extend its upward trend if buying pressure persists.
Source: https://www.fxstreet.com/news/united-states-existing-home-sales-mom-came-in-at-409m-above-expectations-389m-in-february-202603101400
