A slow down? After three days of going up, Tezos is flat today, hovering around $0.826.

Without a clear-cut direction, Tezos is trading around $0.826 and ranging between $0.819 and $0.851.

Tezos USD is approaching key support, around 2 cents away from $0.8. Dipping below could indicate further losses are ahead while a failure to break below this level is likely to be seen positively by market bulls. Tezos made an initial breakout above its 50 day Simple Moving Average at $0.851, a potential indicator of a newly emerging bullish phase. In contrast, Tezos's upper Bollinger Band® is at $0.859, suggesting that a downward move may follow.

With market volatility ebbing, the current technical outlook indicates Tezos will break higher above its recent ranges in the immediate future.

While Tezos is pretty flat so far today, mixed performances are seen elsewhere as Bitcoin Cash is trading around $189.56 (down $24.74). FTX Token is up 9.54%. UNICORN Token USD moves up 11.58% to trade around $5.28.

Trending downwards for around 3 months. Tezos reached a significant high of $1.93 around 10 months ago but has lost 57.1% since then.