Date: Wed, Dec 31, 2025 | 09:30 AM GMT
As the final day of 2025 arrives, the broader cryptocurrency market is showing modest strength, with both Bitcoin (BTC) and Ethereum (ETH) trading slightly in the green. This steady performance among major assets has helped stabilize overall market sentiment, creating room for select altcoins — including Chiliz (CHZ) — to develop constructive technical setups.
CHZ is standing out with an impressive 18% daily gain. More importantly, price action has confirmed a technically significant breakout, strengthening the case for further upside in the near term.
Source: Coinmarketcap
Descending Channel Breakout
On the daily chart, Chiliz had been trapped inside a well-defined descending channel since its early December peak near the $0.051 region. This structure was marked by a series of lower highs and lower lows, reflecting persistent bearish pressure that gradually pushed CHZ down toward the $0.028 support area.
That bearish phase now appears to be ending. After reclaiming the 200-day moving average, CHZ decisively broke above the upper boundary of the descending channel near the $0.04451 level. This breakout signals a meaningful shift in market control, with buyers stepping back in after weeks of compression.
Chiliz (CHZ) Daily Chart/Coinsprobe (Source: Tradingview)
What’s Next for CHZ?
Following a breakout of this nature, short-term volatility is normal. A brief pullback toward the former resistance zone is often considered healthy. For CHZ, the $0.04451 area now stands as a critical support level. A successful retest of this zone, followed by renewed buying interest, would further validate the breakout and strengthen the bullish structure.
If buyers continue to defend reclaimed levels, the chart’s measured move points toward a potential upside target near the $0.06101 region. This would represent roughly a 35% advance from the breakout zone and aligns closely with the projected extension visible on the chart.
On the downside, a failure to hold above the breakout level could slow momentum and lead to consolidation. A sustained move back inside the descending channel would weaken the bullish outlook and delay any upside continuation. However, as long as CHZ remains above reclaimed resistance and the 200-day moving average, the broader technical structure favors higher prices in the sessions ahead.
For now, the breakout remains in its early stages, but CHZ appears well-positioned to extend its recovery move if overall market conditions remain supportive.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
About Author: Nilesh Hembade is the Founder and Lead Author of Coinsprobe, with over 5 years of experience in the cryptocurrency and blockchain industry. Since launching Coinsprobe in 2023, he has been providing daily, research-driven insights through in-depth market analysis, on-chain data, and technical research.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Sonic Price May Experience Technical Reversal: RSI Bullish Divergence Emerges, $0.03 Becomes a Key Support Level
Sonic token recently found support at $0.03, and the RSI shows a bullish divergence, indicating weakening downside momentum. If the support remains effective, the price could rebound to $0.04. Both technical and fundamental analyses show positive signals, but if the key support is broken, bears may regain control.
GateNews45m ago
Ethereum funding rate turns negative! ETF outflows, staking yields are lower than stablecoins
Ethereum perpetual contract funding rates turn negative, indicating increased demand for shorts and a clear market bearish sentiment. Institutional demand remains weak, partly due to relatively low staking yields and a lack of sustained capital inflows. On-chain data and technical developments have failed to boost confidence, but Ethereum's DeFi ecosystem still maintains a strong moat. It is necessary to observe a rebound in funding rates and improvements in transaction fee revenue to determine the future market trend.
MarketWhisper54m ago
Bitcoin stabilizes above $70,000, IEA may release the largest-ever crude oil reserves, global risk asset sentiment improves
Bitcoin recently broke through $70,000 again, influenced by changes in the energy market. Its price once reached $71,612 before falling back to $70,036. The market sentiment is related to discussions with the International Energy Agency about releasing strategic oil reserves, and the decline in Brent crude oil prices is seen as a signal to reduce inflation pressure. The market is focused on the Federal Reserve policy meeting, with expectations that if oil prices remain below $90, it will create room for interest rate cuts.
GateNews58m ago
Bitcoin derivatives market turns bullish, traders bet on BTC surging past $80,000
Bitcoin market sentiment is improving, with more traders expecting the price to break above $80,000 in the coming months. The options market signals a bullish bias. Currently, Bitcoin is trading near $70,000, and analysts believe that if the bullish sentiment continues, a new directional move may emerge in the future.
GateNews1h ago
XRP Ledger daily trading volume soars to 2.7 million transactions, RWA enthusiasm heats up, but XRP price remains trapped in the $1.34—$1.44 range
XRP price has recently been volatile, staying between $1.34 and $1.44. However, XRP Ledger transaction activity has increased, with a daily trading volume of 2.7 million transactions, mainly driven by real-world asset tokenization projects. Analysts point out that the market is in a consolidation phase, with a focus on the stability of the $1.34-$1.35 support level. If this support holds, a breakout above $1.44 could be possible.
GateNews1h ago
Ethereum network activity reaches a new all-time high, but ETH price has fallen 30% over 6 months, ranking third in fee revenue.
Ethereum network activity reaches a new all-time high, with multiple indicators showing a significant increase in daily active addresses and smart contract calls. However, ETH price has fallen about 30% over the past six months, indicating a net capital outflow. Analysis suggests that capital flows have a greater impact on price. Despite Ethereum hosting a large amount of stablecoins, its value capture has not kept pace with the growth in network usage.
GateNews1h ago
