Chiliz (CHZ) is positioning itself for significant growth with a strategic focus on the 2026 FIFA World Cup and a bullish technical setup. The blockchain company plans to re-enter the US market in Q1 2026, aligning with the World Cup hosted in North America, to capitalize on increased fan engagement. A key part of this strategy is a value-accrual mechanism where 10% of fan token revenues will be used to repurchase and burn CHZ, creating deflationary pressure.
Technically, CHZ is forming a falling wedge pattern on its weekly chart, a setup often preceding upward price movements. A breakout above the $0.051 resistance could propel CHZ towards targets between $0.125 and $0.40 by year-end. Currently trading at $0.03944, CHZ has seen a 3% increase in the past 24 hours, with a market cap of $405 million. The project is also strengthening its fundamentals with omnichain upgrades and national team tokens set to launch in summer 2026.
Regulatory progress further supports Chiliz's growth prospects, with a subsidiary gaining MiCA pre-authorization in the EU, enhancing global market access. As Chiliz prepares for the World Cup, traders are advised to watch for volume spikes and a weekly close above key resistance levels for confirmation of a bullish trend.
Chiliz Eyes Growth with 2026 World Cup Strategy and Bullish Technicals
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