Tezos cryptocurrency trades up $0.007, approximately 0.82% higher this afternoon

After ending the previous trading day at $0.914, Tezos went up to $0.923 only to drop back; still positive overall today, now trading at $0.921.

Tezos USD's upper Bollinger Band® is at $0.936, this is a slight indication of a slowdown. On the other hand, note that Tezos broke through the $0.92 resistance, climbing 1 cents above it.

Examining the technical analysis landscape, Tezos is likely to reverse course and start pointing downward in the short term.

Other markets are also showing gains as FTX Token leaps up 9.54% to trade around $1.36. Solana is up 2.71% to $21.78. Bitcoin Cash added 1.35% to its value, now trading at $116.48.

Also worthy of note, United States ISM Non-Manufacturing PMI (May) will be released tomorrow at 14:00 UTC. United States Services PMI is expected tomorrow at 13:45 UTC.

On a negative trend for around 2 months. Tezos has fallen back around 58.94% over the past 11 months, from a notable high of $2.23.