CHMPZ Price Prediction:Will This Net-Zero Community Token be the Next Gem?

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CHMPZ Price Prediction

Highlights

  • CHMPZ is winning a lot of whales attention and buying pressure seems to be increasing.
  • The tokens 4-hour chart depicts a slight breakout with 200 MA.
  • Positive developments around the project may contribute to the bull run.

Chimpee, the project behind the hyped CHMPZ tokens, combines the best of both worlds. It drives truly noble causes and a community driven by fun and a genuine desire to make a difference. Chimpzee means passion for our world, and remotely, everyone shares in this passion. With the Charity Tickets gaining momentum and the first winner of $100 worth of SOL to be picked soon, and a promise to channel funds to reducing CO2, saving near-extinct species, and planting trees across the globe, CHMPZ may be ready for an uptrend.

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What’s Happening With CHMPZ?

Billions of dollars already go to organizations promoting green energy, animal protection, and afforestation. With just $2.3 billion in global contributions to afforestation and C02 reduction, the world is still about $12.7 billion short of the required $15 billion to pursue such causes. Chimpzee is a movement to boost these numbers and a unique opportunity to combine Web3’s casual investment sense attitude with something genuinely worthwhile.

Well, CHMPZ isn’t all about charity. It is a positive movement with a social component. Meme coins still account for around 22% of the cryptocurrency market share, valuing them at approximately $60 billion. CHMPZ is already generating a lot of hype across X and other inner-circle communities in crypto. If such positivity and bullish attitude continue, there is a good chance CHMPZ will trend upwards.

CHMPZ Weekly Chart

chimpz weekly chart

Looking at the weekly chart, the CHMPZ price is consolidating around the May 19 resistance, but the price has sustained a trend above the 200-day moving average, indicating a bullish buildup. A pullback will see CHMPZ hitting the first support line at $0.00001578, while a breakout could see CHMPZ reaching and breaking resistance $0.0001531.

CHMPZ Daily Chart

chimpz daily chart

A similar trend is observable on the daily chart, with the price still clearly above the 200-day moving average while the MACD line is above the signal line. While the price continues to trend sideways, there will likely be a trend to the upside soon. We cannot say how soon; however, the recent positive developments around the project may contribute.

CHMPZ Hourly Chart

chimpz hourly chart

Going over to the 4-hour timeframe, we notice a slight breakout of the uptrend to the downside, which was sharply corrected at the 200-day moving average. The bounce off the 200-day moving average indicates a strong bullish trend; however, buyers need to keep buying to sustain the bullish momentum.

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A Quick Buy Might Be Worth It

With a solid team and a promise to do good along the way, CHMPZ is winning a lot of whales over, and the buy pressure may force sellers out soon. With little to no issues on the technical and fundamental point of view, it is worth it to buy CHMPZ now, although further research is always advised.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Advertorial is the global author name for all the sponsored content provided by CoinGape News Media partners. Hence , these articles, crafted by our partners for promotional purposes, may not align with CoinGape News Media views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on this content are the reader's responsibility.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.