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Transchess (CHESS), one of the cryptocurrencies that has recently become popular in the cryptocurrency sector, recently offered serious profits to its investors. What is the latest situation in CHESS? What are the support and resistance areas for CHESS?
CHESS Technical Analysis
CHESS experienced a rise of more than 50 percent yesterday according to TradingView data. However, the value of the popular cryptocurrency increased from $ 0.14 to $ 0.225. One of the important factors in this rise of CHESS was its listing on Binance.
CHESS experienced a rise of more than 50 percent after its Binance listing, but it sold from the $ 0.225 area and the cryptocurrency fell to its current area of $ 0.19. Currently, the previous resistance areas are traded as support, and the chart looks healthy in CHESS. However, the support area in CHESS is the $ 0.19 area where the price is currently located, while the resistance is the $ 0.2 area. CHESS’s closings above $ 0.2 will continue the positive outlook.
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